‘Tough Week’ Leaves Bond Traders Girding for Another Key Stretch
Bond traders who just navigated their rockiest stretch in months will get little respite in the days ahead,
2023-08-06 04:17
Texas Power Prices to Surge 800% on Sunday Amid Searing Heat
Texas power prices for Sunday surged more than 800% as searing heat pushes demand toward record levels and
2023-08-06 03:15
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:25
Fed’s Bowman Signals More Hikes May Be Needed to Cool Inflation
Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order
2023-08-06 00:23
Berkshire Hathaway swings to a profit, boosted by massive investment gains
Berkshire Hathaway on Saturday reported a jump in earnings in the second quarter of 2023, recovering from large investment losses a year ago, when the bear market flummoxed even the most successful investors like Berkshire Chairman Warren Buffett.
2023-08-05 23:27
NFT Rout Crushes $1.5 Billion Windfall for Artists as Markets Slash Royalties
Tension between traders and creators of digital collectibles is deepening amid a painful slump in the market for
2023-08-05 22:56
Dollar Hegemony Lives On as Traders Look Past Fitch Downgrade
From Brazil to China, critics of the dollar-led world order notched a symbolic win this week after Fitch
2023-08-05 21:49
Berkshire Operating Earnings Rise on Insurance Strength
Warren Buffett’s Berkshire Hathaway Inc. posted $10.04 billion in second-quarter operating profit as strength in its insurance businesses
2023-08-05 20:59
'This isn't some random dude with a duffel bag': To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical companies, the latest step in a renewed attempt to crack down on the multibillion-dollar fentanyl trade that kills thousands of Americans each year.
2023-08-05 19:18
Charting the Global Economy: US Payrolls Rise at a Moderate Pace
US employers continued to add workers at a steady, yet more moderate pace, suggesting the economy has scope
2023-08-05 17:54
Greece Returns to Investment-Grade Elite With Scope Rating Upgrade
Greece’s investment-grade status was restored by Scope Ratings, evidence of its progress in repairing public finances 13 years
2023-08-05 14:52
A Nation Shuts Off the Internet, and Power Goes Out to Homes
For years, governments around the world have assailed social media for their role in the spread of disinformation,
2023-08-05 12:26