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Markets
GBP/USD drops to fresh multi-month low amid sustained USD buying, ahead of BoE decision
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GBP/USD drifts lower for the second straight day and…
Analysis-Promise of calmer markets as US oil wrests pricing power from Brent
© Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered…
Disney to nearly double parks spending to $60 billion over 10 years By Reuters
© Reuters. FILE PHOTO: Sleeping Beauty Castle is pictured at dusk at Disneyland Park in Anaheim, California, U.S., July 24, 2021. Picture taken July 24, 2021. REUTERS/Mario…
Fed’s revised dot plot for interest rates makes wall of maturing debt a bigger worry
The Federal Reserve on Wednesday surprised markets with a fortification of its higher-for-longer stance on interest rates, penciling in only half as many rate cuts…
S&P 500 down forty points after Hawkish Fed knocks back equities
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S&P 500 falls alongside major US equity indexes on…
Gasoline Prices Reach Highest Level Since October, Driven by Oil Price Surge
© Reuters
The national average price for unleaded gasoline in the United States hit a high of $3.88 per gallon on Wednesday, the highest level since October, AAA reports.…
U.S. stocks close lower as investors take cover ahead of Fed decision By Reuters
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023. REUTERS/Brendan McDermid/File Photo
(Updated…
An oral history of the fear index
The Cboe Volatility Index — commonly known as Vix because of its ticker — turned 30-years-old earlier this year. But an arguably more important if less appreciated marker took…
Olin Corporation (OLN) should continue pullback before rally resumes
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Olin Corporation (OLN) manufactures & distributes…