Oil prices steadied Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve’s policy on interest rate hikes. Brent crude gained 14 cents, or 0.2 percent, to $85.75 a barrel by 0917 GMT, while U.S. West Texas Intermediate rose 10 cents, or 0.1 percent, to…
Oil Steadies as Market Awaits Key US Inflation Data
April 12, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
Global Shares Trend Higher With Focus on Inflation Data
April 12, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
TOKYO—Global shares were mostly higher Wednesday, as investors watched for key inflation data likely to influence the Federal Reserve’s stance on interest rates. France’s CAC 40 added 0.4 percent in early trading to 7,420.32. Germany’s DAX edged up 0.4 percent to 15,709.27. Britain’s FTSE 100 surged 0.5 percent to 7,825.05. The future for the Dow…
Oil Rises on China Stimulus Expectations, Weaker Dollar
April 11, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia, and a drop in U.S. crude stockpiles. Brent crude futures rose 63 cents, or 0.8 percent, to $84.81 a barrel at 0840 GMT, while U.S. West Texas Intermediate futures gained 68 cents, or 0.9 percent,…
World Stocks Hold on to Upbeat Mood, Dollar Stalls
April 11, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON—World stocks rallied on Tuesday, as traders held on to hope that interest rates will soon peak and come down later this year, even if the latest U.S. jobs data supported the case for a May hike from the Federal Reserve. Those hopes were fanned by an analysis in the International Monetary Fund’s latest World…
What Is Fine Gold? Understanding Gold Purities and Fineness
“Fine gold” refers to any precious metal composed of 99.9% gold, commonly called “pure gold.” Understanding the fundamentals of gold purity is essential for investors, collectors, and numismatists. After all, the purity of gold bullion bars, coins, rounds, and jewelry directly impacts their value. Below, we’ll explain everything you need about fine gold, purity levels,…
Asian Shares Higher After Report Shows Resilience in US Jobs
April 10, 2023
admin
AsiaBusiness & MarketsCompanieseconomic policieseconomyenergyGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
Shares were mostly higher in Asia on Monday after a report Friday showed resilience in the U.S. jobs market. European markets were closed for Easter holidays. Benchmarks rose in Tokyo and Seoul but fell in Shanghai. Markets were closed in Hong Kong and Sydney. U.S. futures were mixed and oil prices climbed. The highly anticipated…
Oil Steadies as Tighter Supply Balances Growth Concerns
April 10, 2023
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other OPEC+ producers balanced concern about weakening global growth that may dampen fuel demand. Crude last week jumped more than 6 percent, a third weekly gain, after OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and…
Millennial Homeownership Exceeds 50 Percent in 2022
The year 2022 was the time when more than half of American millennials became homeowners. Before that year, the majority of them were renting a living place. According to research conducted by RentCafe.com, a nationwide apartment search website, 52 percent of millennials, the largest generation in the United States, owned their own house in 2022….
Asian Stocks Rise Ahead of US Job Market Update
April 7, 2023
admin
AsiaBusiness & MarketsCompanieseconomic policieseconomyenergyGold and CommoditiesinflationMarketspersonal financestocks
0 Comment
BEIJING—Asian stock markets rose Friday ahead of a United States job market update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai, Tokyo, and Seoul advanced. New York, London, and Frankfurt were closed for the Good Friday holiday. Traders who worry higher interest rates might tip…
Closing Prices for Crude Oil, Gold and Other Commodities (Apr. 6)
April 6, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for May delivery rose 9 cents to $80.70 a barrel Thursday. Brent crude for June delivery rose 13 cents to $85.12 a barrel. Wholesale gasoline for May delivery fell 1 cent to $2.81 a gallon. May heating oil fell 7 cents to $2.66 a gallon. May natural gas fell 14 cents…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`