Prices of oil increased on Monday as worldwide supply tightened with decreased exports from Saudi Arabia and Russia, offsetting nagging worries regarding worldwide demand growth […]
Author: albert
Oil falls as demand worries grow; attention focused on US inflation data
On Thursday, oil retreated from multi-month peaks hit in the last session as higher US crude records and stagnant economic data from China caused worry […]
Cramer advises market skeptics to prioritize strong companies rather than daily activity.
On Tuesday, Jim Cramer of CNBC encouraged traders to concentrate on looking for companies with solid products and long-term potential when trading in the stock […]
As a key spread turns negative, the oil market’s hottest trade gains momentum.
One of the oil market’s biggest trades this year is still going strong, with the potential to change the value of physical crude cargoes and […]
Rupee to rebound on drop in US yields following jobs data
The Indian rupee will likely rebound on Monday as a result of a drop in US rates and a reduction in the dollar after the […]
US trucking company suspends operations, according to WSJ.
According to the Teamster on Sunday, cash-strapped US trucking organization Yellow Corp. has stopped functioning and is filing for bankruptcy after failing to restructure and […]
US regulators will announce plans for banks to increase cash reserves
U.S. regulators are ready to propose a rule that could majorly increase capital needs for larger banks, pressuring them to cut prices and retain earnings […]
Accepting a labor agreement, employees at a Boeing 737 supplier ended their strike.
Workers at Spirit Aerosystems, suppliers of Boeing aircraft parts, accepted a new labor agreement on Thursday, setting the stage to begin production at a Wichita, […]
Apple nearing $3T MCap
On Wednesday, Apple’s stock reached an intraday high and was close to finishing the day for the first time with a market capitalization above $3 […]
Google fires staff at its mapping app, Waze
Without providing any information regarding the number of layoffs, Google’s parent company, Alphabet, announced on Tuesday that it is reducing employment at Waze as it […]