US buys 6 million barrels of oil for Strategic Petroleum Reserve
WASHINGTON (Reuters) – The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May of 2025, the Department of Energy said on Monday.…
SEC Fines TD Securities $6.5M for Spoofing, Supervision Failures
The US financial regulator targeted TD Securities in a crackdown on alleged market manipulation. The SEC charged the firm with manipulating the US Treasury market using a practice known as…
Oil slumps 17% in Q3 as Middle East conflict offset by slowing demand
By Nicole Jao NEW YORK (Reuters) -Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in the…
Dollar gains as Fed’s Powell adopts hawkish tone on economy
By Karen Brettell NEW YORK (Reuters) -The dollar rose on Monday after Federal Reserve Chair Jerome Powell adopted a more hawkish tone on the economy, leading traders to pare bets…
US natgas prices edge up to 15-week high on weeks of low storage builds
By Scott DiSavino (Reuters) -U.S. natural gas futures edged up about 1% to a 15-week high as reduced output so far this year has cut the amount of the fuel…
Behavioral Finance: The Game-Changer for Smarter Decisions
Money decisions aren’t always about numbers—they’re about people, emotions, and how our minds work. Enter behavioral finance, a game-changer in the way we approach financial decision-making. Unlike traditional finance, which…
Imported cars face higher fees as Russia plans domestic production boost
(Reuters) – Russia plans to effectively raise taxes on imported cars from 2025 by doubling the scrappage fees all car producers must pay while also increasing state support for locally…
Study Group has a sobering message for copper bulls: Andy Home
LONDON (Reuters) – Copper has rallied hard this week as China’s pledged stimulus package has rekindled investor enthusiasm. Renewed optimism that the world’s largest copper buyer can recover its lost…
Egypt edges towards replacement of food subsidies with cash payments
CAIRO (Reuters) – A forum set up by Egypt’s president began discussing on Monday a possible shift in the country’s subsidy programme towards paying cash directly instead of offering food…
US oil demand grew to highest seasonal level since 2019 in July, EIA data shows
NEW YORK (Reuters) – U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for the second time in three months, data from the…
