The price of gasoline in the US hit an all-time high on Tuesday as the national average spiked $0.17/gallon from last week to $4.37/gallontopping the previous all-time high set March 8. The European Union’s discussion of pulling back from buying Russian oil has sent additional shock waves through an already strained oil market, with the […]
Bitcoin extended losses to reach levels last seen in January 2021 on Wednesday amid a broader market sell-off. The peer-to-peer digital currency struggled to hold the $30,000 level throughout the day as US inflation levels were reported above market expectations and a macroeconomic risk-off movement keeps gaining traction globally. Bitcoin drops to levels last seen […]
An eagle tops the Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – Interest rate jitters keep hammering the US bond market but some investors are starting to think a possible slowdown in price pressure as well as […]
Cathie Wood, Founder, CEO and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, US, May 2, 2022. REUTERS/David Swanson Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – The global economy is in recession and recent stock market volatility is a […]
US President Joe Biden arrives to deliver remarks on expanding high-speed internet access, during a Rose Garden event at the White House in Washington, US, May 9, 2022. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 10 (Reuters) – US President Joe Biden, under pressure to tame high inflation, […]