Oil jumps to 5-week high lifted by OPEC+ output cutOil rose about 3% to a five-week high on Friday, carried higher again by an OPEC+ decision this week to make […]
Author: Consultant
US job growth slows again in September with just 263,000 positions added
US job growth slows again in September with just 263,000 positions addedU.S. job growth slowed for a second consecutive month in September, but hiring remained solid despite growing headwinds from […]
Samsung profit plunges in first drop since 2019 as chipmakers feel bite
Samsung profit plunges in first drop since 2019 as chipmakers feel biteSamsung forecast on Friday its operating profit likely plunged 32% in the third quarter of the year as weaker […]
Paying with a credit card will soon cost more as some businesses add transaction fees
Paying with a credit card will soon cost more as some businesses add transaction feesAn estimated one in five small businesses is planning to pass on credit-card transaction fees to their customers […]
The close: Oct 6 – Major indexes lower as central banks pound rate hike drum; pot stocks surge on Biden
The close: OCT 6 – Major indexes lower as central banks pound rate hike drum; pot stocks surge on BidenMajor North American indexes closed lower on Thursday as concerns mounted […]
Stocks Fall As Bond Yields Rise On Hawkish Fed Comments
Stocks Fall As Bond Yields Rise On Hawkish Fed CommentsThe S&P 500 Index ($SPX) (SPY) this morning is down -0.76%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.80%, and the Nasdaq 100 Index […]
Canada’s trade surplus shrinks as WTO warns of slowdown in global trade
Canada’s trade surplus shrinks as WTO warns of slowdown in global tradeCanada posted a smaller-than-expected merchandise trade surplus in August, with lower commodity prices and export volumes leading to the […]
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressureOPEC and non-OPEC partners on Wednesday agreed to impose deep output cuts, seeking […]
ENERGY
ENERGYOil prices edge higher ahead of OPEC+ meeting to discuss supply cutsOil prices edged up on Tuesday as expectations that OPEC+ may agree to a large cut in crude output […]