A surprise 0.2% MoM core CPI inflation print after a similar reading for April core PCE deflator offers good news for the Fed in its fight to ease price pressures. This needs to become the trend after a series of far too hot readings at…
By Dave Sherwood HAVANA (Reuters) -A Russian navy frigate and a nuclear-powered submarine churned into Havana harbor on Wednesday, a stopover the U.S. and Cuba said posed no threat but which was widely seen as a Russian show of force as…
By Timothy Gardner WASHINGTON (Reuters) -The U.S. Senate on Wednesday confirmed David Rosner, a Democrat, and Lindsay (NYSE:) See, a Republican, as members of the Federal Energy Regulatory Commission. The tally on Rosner, a FERC energy…
Investing.com-- Oil prices settled higher Wednesday, as a cooler inflation report supporting rate-cut hopes, but gains were kept by an unexpected build in weekly domestic crude supplies and hawkish Federal Reserve projections calling for a…
By Georgina McCartney HOUSTON (Reuters) -Oil settled higher on Wednesday as ongoing tensions in the Middle East lent support to prices, but news that interest rate cuts could start as late as December capped gains, following the Federal…
By Diego Oré MEXICO CITY (Reuters) - Mexico's former foreign minister, the scion of a legendary political family, and a party boss are in contention for top energy-related jobs in President-elect Claudia Sheinbaum's government, sources…
With the latest inflation data released earlier today, for gold investors, the question of where gold prices are headed remains top of mind.While many analysts expect the yellow metal to eventually continue its rally this year, one…
yolowire.com - The price of NaturalGas has risen 7% and hit a five-month high on forecasts of extreme heat across much of the U.S. this summer.
Natural gas prices are currently at $3.129 per million British thermal units on the New York…
Bank of America remains bullish on silver prices, predicting an increase throughout the latter half of 2024 and into 2025.
BofA Metal Strategist Michael Widmer sees the silver price rising to a 2026E average of $35/oz (vs. $29.28/oz spot).…