Economy
How Today’s Egg Prices Scrambled Traditional Economic Theories
Late one night in 1989, economist Jeffrey Sachs found himself in a smoke-filled room of government officials in Warsaw, Poland. The country had just declared independence from the Soviet Union,…
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Lasted Economy
Slowing Vaca Muerta oil activity could pose challenge for Argentina’s Milei
(Corrects spelling in byline) By Eliana Raszewski BUENOS AIRES (Reuters) - Activity related to drilling and fracking in Argentina's Vaca…
Oil Narrowly Extends Gains as Traders Weigh OPEC+ Supply Moves
Storage tanks for oil at the Sunoco LP Terminal in Crockett, California. Photographer: David Paul Morris/Bloomberg (Bloomberg) -- Oil prices…
China’s chipmakers bought $38 billion in U.S. and allied tools, a sign policy is failing, lawmakers find
By Stephen Nellis SAN FRANCISCO (Reuters) - A bipartisan investigation by U.S. lawmakers reveals that shortcomings in the efforts of…
Cooler US Weather Forecasts Boost Nat-Gas Prices
On Tuesday, the November Nymex natural gas contract (NGX25) saw an increase of +0.141, a rise of +4.20%. The pricing…
Crude Prices Little Changed as the Dollar Rallies
On Tuesday, November WTI crude oil (CLX25) experienced a slight uptick, closing at +0.04 (+0.06%), while November RBOB gasoline (RBX25)…
ETF Issuers Buy Bitcoin At Top With $4 Billion in Five Days
Bitcoin ETF. Photo by BeInCrypto In recent days, Bitcoin has reached new peaks, with ETF issuers making significant purchases. Within…
JPMorgan’s Dimon Says AI Cost Savings Now Match Money Spent
Jamie Dimon (Bloomberg) -- Jamie Dimon stated that JPMorgan Chase & Co. allocates $2 billion annually for the advancement of…
EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices
The United States is poised to set a new record for oil production this year. However, the Energy Information Administration…