Egypt ups prices of cigarettes as part of economic reforms
Egypt has hiked the prices of cigarettes, the latest measure amid reforms designed to overhaul the country's troubled economy, still reeling from a costly 2011 uprising......»»
Futures Movers: Oil ends lower on renewed global growth fears, but tallies a monthly gain
Oil futures finish lower on Friday, with weakness tied to some worries over the global economic outlook, but prices tallied weekly, as well as monthly gains......»»
Oil futures fall for the session, but tally a gain for the month
Oil futures settled with a loss on Friday, but finished the month higher. Oil prices ended the month with a solid gain as" mostly upbeat economic data and good ear.....»»
Economic Report: U.S. inflation picks up in March, with core prices rising 0.4%, headline rate up 2.3% for year
U.S. inflation picked in March with core PCE inflation rising 0.4%, according to Labor Department data released Friday......»»
Copper flirts with all-time highs, topping $10,000 for the first time in over a decade as the economic rebound pushes metals higher
Copper prices rose to as high as $10,008 a ton on the London Metal Exchange Thursday before falling from 10-year highs. A worker inspects batches of processed copper at Mutanda Mining Sarl, Democratic Republic of the Con.....»»
Market Extra: How China helped push corn futures to a nearly 8-year high
Corn prices hit an 8-year high Tuesday, part of a broad rally for agricultural commodities that's stoking inflation fears. There are several drivers behind the move for maize, including strong demand from China......»»
Oil futures gain for the session, fall for the week
Oil futures finished higher on Friday, as some upbeat U.S. economic data boosted prospects for energy demand, but prices posted a loss for the week. The losses for the week were "warranted," especially wit.....»»
JPMorgan CEO Jamie Dimon doesn"t expect stocks to crash anytime soon - but warns against ignoring Warren Buffett and trying to time the market
"Guessing at market tops, market bottoms - that is a complete loser's game," Dimon said. "I've never seen anyone win at it." JPMorgan CEO Jamie Dimon. Mark Lennihan/AP Jamie Dimon expects a post-virus economic boom to support stock prices.The .....»»
Global stocks stabilize ahead of European Central Bank meeting despite steep rise in COVID-19 cases in Asia
Oil prices sank as COVID-19 cases continued to rise and cause worry about economic recovery. US indices recovered from the shaky start to the week. Visitors look at an electronic board at the Sao Paulo Stock Exchange (B3).....»»
Metals Stocks: Gold prices gain, aim for roughly 2-month high as COVID’s rise rattles market
Gold futures trades slightly higher Wednesday, partly supported by unease in markets over a rise in cases of COVID-19 from more transmissible variants, especially in Asia and Latin America, that could hurt the world economic rebound from the pandemic......»»
Gold futures settle at a 7-week high
Gold futures climbed Thursday, with a steep decline in U.S. Treasury bond yields prompting prices to settle at their highest since late February. Gold also garnered some support as upbeat U.S. economic data l.....»»
Futures Movers: Oil prices get a lift from China data as OPEC report suggests an uptick in demand
Crude-oil futures trade higher on Tuesday after a report on Chinese international trade provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities......»»
Economic Report: U.S consumer prices surge in March, pushing inflation to 2 1/2-year high
Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»
Economic Report: Consumer prices surge again as U.S. inflation marches higher
Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»
Americans are the most worried about inflation they"ve been in 7 years
Inflation is, in part, driven by expectations, as fears of higher prices lead workers to demand higher wages and businesses to lift their prices. In this Sept. 15, 2020 file photo, passers-by examine a storefront window, in Boston's fashiona.....»»
Lujan Grisham signs bill expanding incentive program meant to entice companies to expand in New Mexico
Gov. Michelle Lujan Grisham signed Senate Bill 1 into law on Wednesday, allowing for some state and local tax revenue to be used as public support for economic development projects as part of the Local Economic Development Act. The incentives all.....»»
Oil prices rise on stronger economic outlook, US stockpile draw
Prices were buoyed as data on Tuesday showed U.S. job openings rose to a two-year high in February while hiring picked up.....»»
XLR8X receives $750K federal grant to help Hawaii businesses pivot
XLR8X was one of 44 organizations across the country chosen to receive part of $29 million in federal commerce funding through a U.S. Economic Development program......»»
US futures slip after Dow Jones hits record high on strong economic data, while oil prices rebound
Traders looked set for a quieter day after the Dow Jones and S&P 500 hit record highs on Monday in.....»»
Oil prices move slightly lower as OPEC"s Barkindo says economic environment remains "challenging"
Oil prices moved slightly lower Wednesday, giving up modest gains in the wake of comments from Mohammad Barkindo, secretary general o.....»»