Oil rebounded on Thursday as expectations of a tighter global crude supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories. Saudi Arabia […]
Category: Uncategorized
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China cuts banks’ reserve ratio to aid recovery
The People’s Bank of China (PBOC) said it would cut the reserve requirement ratio (RRR) for all banks, except those that have implemented a 5% reserve ratio, by 25 basis […]
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New England on alert: Hurricane and Tropical Storm watches issued for much of coastline ahead of Lee’s arrival
New England on alert: Hurricane and Tropical Storm watches issued for much of coastline ahead of Lee’s arrival (foxweather.com)
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August core inflation, excluding food and energy, rose 0.3%, hotter than expected
The consumer price index rose 0.6% in August, its biggest monthly gain of 2023. The inflation gauge rose 3.7% from a year ago. Core CPI increased 0.3% and 4.3% respectively, […]
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Ozempic, Wegovy may curb drinking, smoking and other addictive behaviors – here’s what we know
Patients taking diabetes and weight loss drugs say they’ve also noticed changes in their cravings for alcohol, nicotine, opioids and some compulsive behaviors, such as online shopping and gambling. These […]
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Lithium deposit found in US may be among world’s largest, study finds | Fox Business
A deposit of lithium recently discovered along the Nevada-Oregon border may be among the world’s largest, having potentially huge implications for the transition to electric vehicles. Volcanologists and geologists from Lithium […]
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U.S., India, Saudi, EU unveil a massive rail and ports deal on G20 sidelines
Global leaders announced a multinational rail and ports deal linking the Middle East and South Asia on Saturday on the sidelines of the G20 summit in New Delhi. The pact […]
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Economic Calendar: Sept 11 – Sept 15
Monday September 11 China’s aggregate yuan loans, new loans and money supply. Japan machine tool orders Earnings include: NanoXplore Inc. == Tuesday September 12 Germany’s ZEW Survey (6 a.m. ET) U.S. […]
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Gold heads for weekly dip as dollar, yields dominate mood
PUBLISHED FRI, SEP 8 2023 Gold firmed on Friday as the dollar came off six-month highs but bullion was still en route to a weekly fall on chances of one […]