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Multiple China banks cut Yuan deposit rates, likely lowering interest rates on existing mortgages
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A slew of China banks cut interest rates on Yuan deposits…
U.S. crude oil stocks down 10.6M barrels, diesel inventory climbs – EIA
© Reuters.
Investing.com -- U.S. fell by 10.6 million barrels last week, according to a government report on Wednesday that showed a third straight week of such inventory…
U.S. stocks are rising to close out August as investors await jobs report By Investing.com
© Reuters.
Investing.com -- U.S. stocks were rising to close out August on a positive note as investors await Friday's jobs report for August.
At 11:03 ET (15:03 GMT), the…
Gold slips but logs first weekly win after four straight losses
Gold prices declined on Friday as the U.S. dollar rose with Treasury yields after Federal Reserve Chair Jerome Powell left the door open to more…
Burger King must answer to claim that Whopper appears bigger on menu than in reality
A U.S. judge has ruled that Burger King must face a lawsuit from plaintiffs who claim its Whopper burger appears larger on menus than it does in reality.…
Europe’s largest copper producer says it has been victim of huge theft
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Aurubis, Europe’s largest copper producer, said…
Silver Price Analysis: Rising wedge confirmation directs XAG/USD sellers toward $24.00, US NFP eyed
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Silver Price remains sidelined after confirming…
Texas power grid operator issues energy conservation appeal for Wednesday
© Reuters. FILE PHOTO: Wind turbines operate at sunrise in the Permian Basin oil and natural gas production area in Big Spring, Texas, U.S., February 12, 2019. REUTERS/Nick…
Country Garden said to delay key vote as China rolls out more support By Reuters
© Reuters. FILE PHOTO: A construction site of residential buildings by Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu Wang/File…
Oil prices end higher after Powell speech, post second straight weekly loss
Oil futures ended higher Friday, as a surge by the U.S. dollar after a speech by Federal Reserve Chair Jerome Powell faded. Crude futures, however, booked a…