Tag: @LCO27G
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U.S. diesel price tops $6 per gallon, a record high as Ukraine and Iran wars ripple through economy
U.S. diesel prices hit their highest level ever as fuel supply disruption stemming from the Ukraine and Iran wars lifts transportation costs.
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AI is losing its stranglehold on the U.S. stock market. Here’s why
A key tech-stock volatility metric options traders have been watching all year is reversing.
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U.S. Supreme Court again rejects push to use Trump-backed congressional maps in midterms, clearing the way for old maps
The U.S. Supreme Court rejected a push to use Missouri congressional maps backed by President Trump ahead of November midterm elections.
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The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
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Wholesale prices rose 0.4% in August, as expected
The producer price index was expected to rise 0.4% in August, according to the Dow Jones consensus forecast.
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Wealthy investors seek oil and gas assets, but bargains are scarce
The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.
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‘Saved the day’: How China helped keep the lid on oil price surge as Iran war disrupted supplies
China’s crude stockpiling and subsequent pullback on purchases since the war erupted in late February has helped the world avoid a deeper energy crisis.
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CNBC Daily Open: Apple’s new iPhone bends. Bond vigilantes, not so much
Loads of new features, but guess what people were looking for? The crease, and how visible it is.
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Trump says oil and gas prices won’t fall until ‘right after’ midterm election
President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
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Treasury Department to buy back up to $6 billion in longer-term debt, triple the normal level
The much-anticipated announcement triples the normal buyback operation and follows an announcement from Treasury Secretary Scott Bessent.
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