By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -A U.S. federal court will likely extend a period for reviewing bids submitted in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, three people close…
The Fed and economists are encouraged because is down to 3.3% from a high of nearly 9% in 2022. Despite the Fed’s “significant progress” in lowering inflation, most citizens are outraged and confused by economists’ relatively rosy…
By Arathy Somasekhar HOUSTON (Reuters) - oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to…
Imagine a future where your phone pings with a message that your dead father's "digital immortal" bot is ready. This promise of chatting with a virtual version of your loved one - perhaps through a virtual reality (VR) headset - is…
I would like to thank the International Swaps and Derivatives Association (ISDA) for the invitation to speak to you today.1 I appreciate the opportunity to engage with you on…
Investing.com -- prices have touched their "summer peak" of $86 per barrel, according to projections from analysts at Goldman Sachs.
In a note to clients, the analysts noted that "U.S.-led strong summer traveling activity" and strong…
Business & Finance18 June 2024, 8:18 pm 1 minute
Reuters exclusively reported that India’s markets regulator is considering a series of tweaks to its derivative trading rules as it…
Investing.com-- Gold prices fell slightly in Asian trade on Wednesday, extending losses from the prior session as traders remained largely biased towards the dollar in anticipation of key U.S. inflation data. The yellow metal also…
From time to time, you will read that the Federal Reserve is trying to “thread the needle” on rates. That is, they don’t want to keep rates too high for too long, lest they sink the economy, nor lower them too soon or too far, lest they…