The U.S. benchmark crude oil has achieved a record high for the year, with prices exceeding $90 per barrel on Friday, September 15, 2023. This increase accompanies a notable rise in diesel […]
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U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.33%
U.S. stocks were mixed after the close on Friday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher while losses in the Consumer Goods, Utilities and Telecoms sectors led shares lower. At the close […]
U.S. central bank has earned the right to take its time with interest-rate decisions, Boston Fed’s Collins tells Market Watch in Jackson Hole interview
Policy needs to stay restrictive for some time but cuts are possible by end of next year, Boston Fed president says There is a risk that the Federal Reserve has […]
Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boost
Treasury Secretary Janet Yellen said the Inflation Reduction Act has helped continue to strengthen the labor market. Yellen said the Biden administration will focus on reducing inflation while “maintaining a […]
