The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories rose by 3.6 million barrels for the week ended Nov. 10 to total 439.4 million barrels. The government agency had delayed last week’s data due to a systems upgrade and reported on Wednesday a commercial crude supply total…

© Reuters. The financial markets on Thursday, November 9, 2023, witnessed mixed US stock index futures and a static . The focus was on the imminent release of the UK’s Q3 GDP data, which is anticipated to influence the Bank of England’s (BoE) December monetary policy. The potential for rate…

By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Monday said it will invest $2 billion in 150 federal building projects across 39 states that use materials that minimize carbon emissions, its latest effort to tackle climate change through government purchasing power. The General Services Administration will prioritize the purchase…

Investing.com – The U.S. dollar edged higher in early European trade Wednesday, attempting a rebound after the previous session’s sharp losses as cooling U.S. inflation raised expectations that the Federal Reserve has reached the end of its monetary tightening cycle. At 03:05 ET (08:05 GMT), the Dollar Index, which tracks…

Source: Pixabay /Sergei Tokmakov The US Securities and Exchange Commission (SEC) has postponed its decisions on spot Bitcoin (BTC) exchange-traded fund (ETF) applications submitted by Global X and Franklin Templeton.  In a Friday filing, the agency said it expects public comments on Global X’s proposal in the next 35 days, making…

Goodyear Tire & Rubber shares traded higher after the company announced a plan to overhaul its portfolio by potentially selling three assets, reducing debt, and cutting costs. Goodyear (ticker: GT), based in Akron, Ohio, said it is considering divesting its chemicals operation, the Dunlop Tires brand, and a business selling tires…

© Reuters. FILE PHOTO: A trader passes by a screen that displays the trading info for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS/Brendan McDermid By Chuck Mikolajczak (Reuters) – U.S. stocks closed lower on Thursday, snapping the longest winning…

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. futures settled 29 cents, or 0.34%, higher at $85.18 a barrel, while U.S. West Texas Intermediate crude…

By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – A former top Japanese financial official said on Wednesday yen weakness might be caused not only by interest rate differentials between Japan and the United States but also by structural factors such as a worsening fiscal position. Under such circumstances, any…

Former United States presidential candidate, Andrew Yang, took the stage at the North American Blockchain Summit to discuss issues and innovation surrounding digital assets on Thursday, November 16th. A pro-tech proponent Yang, who is a self-described “big proponent of Bitcoin and cryptocurrencies generally,” founded the pro-tech, centrist Forward Party in…