Oil futures finished lower on Wednesday, with U.S. benchmark prices posting their first loss in five sessions after government data revealed a more than 17 million-barrel climb in domestic commercial inventories over the past two weeks. Price action West Texas Intermediate crude CL00, +3.56% for December delivery CL.1, +3.51% CLZ23,…

© Reuters. FILE PHOTO: A man looks at an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan June 14, 2023. REUTERS/Kim Kyung-Hoon/File Photo By Herbert Lash NEW YORK (Reuters) -Treasury yields jumped and a measure of global stocks fell on Thursday after Federal Reserve Chair…

Copper prices saw a slight increase on Tuesday, with both the LME and SHFE 2312 copper contracts experiencing a rise in their overnight sessions. The LME copper closed up by 0.96% at $8247 per metric ton, while the SHFE 2312 copper contract rose by 0.36% to 67690 yuan per metric…

By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank allowed the peso to weaken slightly on Wednesday to 353 per dollar, traders said, reactivating its ‘crawling peg’ for the currency that has been frozen at 350 per dollar since a primary election in mid-August. The currency,…

Disgraced Terraform Labs founder Do Kwon’s appeal in his document forgery case has been rejected by a High Court in Montenegro. Judge finds Kwon’s appeal based on “unfounded” claims According to a statement by the High Court of Podgorica, claims made in the appeal by Do Kwon and his co-conspirator,…

The hardest part of investing for retirement is budgeting ample contributions. Solve that issue and you jump into the next hardest part: Deciding how to invest. Your retirement investment decisions should flow from a target asset allocation that aligns with your time horizon and risk tolerance. Once you implement that…

The stock market is soaring again, and that can only mean one thing—it’s bear season. What kind of bear, though, can make all the difference. In the wild, the expert advice for what to do when encountering one depends on the species, given their different temperaments: Black, fight back. Brown,…

© Reuters. Knife River (NYSE:KNF) released its Q3 2023 results today, reporting a net income of $146.7m, a significant increase from Q3 2022. The company’s earnings per share (EPS) for the trailing twelve months (TTM) stood at $2.59. Both revenue and EPS exceeded analyst expectations by 3.3% and 38%, respectively.…

Investing.com– Gold prices fell further in Asian trade on Tuesday, hit by a rebound in the dollar and Treasury yields before a string of major Federal Reserve speakers this week. Among industrial metals, copper prices fell sharply after trade data from major importer China largely missed expectations.  The rebounded from…

The South African rand has experienced a significant rally Tuesday, driven by a combination of US inflation data and shifts in global monetary policy. The currency surged over 2% to R18.22/$ amid a weakening dollar, as the latest US inflation figures suggested a potential pause in interest rate hikes by…