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News
Carney Pitches Canada to Global Investors as Trump Tries to Pull Investment South
1+ hour, 22+ min ago (14+ words) Newsmax...
Morning Bid: Shipping oil gets ever harder, costlier
1+ hour, 50+ min ago (573+ words) A look at the day ahead in European and global markets from Wayne Cole. Brent is back above $107 a barrel as the Houthis close in on the Bab el-Mandeb, the other key channel for oil exports coming out of the…...
Costs Up, Wages Down??? Inflation Prevails
2+ hour, 17+ min ago (675+ words) Consumer prices in the USA rose 0.4% in August, four times July’s 0.1% increase, while annual inflation remained at 3.4%. The politicians will point to that 3.4% number and pretend inflation has somehow stabilized. But look beneath the surface and you see an entirely…...
BRICS Steps Off The Dollar, With Iran Pressing Hardest
4+ hour, 53+ min ago (327+ words) ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero...
Samsung, SK Hynix reject KEPCO’s $19 billion power prepayment proposal, document shows
3+ hour, 36+ min ago (186+ words) SEOUL, Sept 14 (Reuters) – Samsung Electronics and SK Hynix have rejected a proposal by Korea Electric Power Corp to make a 25 trillion won ($18.7 billion) upfront payment to support power supplies for planned semiconductor mega clusters, according to a document submitted to…...
Goldman Sachs now expects Fed to hike rates in September
3+ hour, 34+ min ago (138+ words) Sept 13 (Reuters) - Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged. The Wall Street bank said in a... Sept 13 (Reuters)…...
Shares slip in Asia as oil climbs, rate hikes loom
7+ hour, 12+ min ago (592+ words) SYDNEY, Sept 14 (Reuters) – Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new…...
Anthropic tells investors it will be profitable for second straight quarter, FT reports
7+ hour, 28+ min ago (152+ words) Sept 13 (Reuters) - Anthropic has told shareholders that its adjusted operating income will be positive for a second straight quarter, the Financial Times reported on Sunday, citing multiple people with knowledge of the matter. Anthropic's gross... Sept 13 (Reuters) â Anthropic has…...
Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz
8+ hour ago (123+ words) BEIJING, Sept 14 (Reuters) - Oil prices rose more than $3 at market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday. Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of 22:14 GMT (Sun... Oil…...
BRICS highlights opposition to tariffs
3+ hour, 55+ min ago (154+ words) Opposition to US tariffs formed a point of consensus among the otherwise divergent interests at the BRICS summit, as Indian Prime Minister Narendra Modi touted the bloc’s “coming of age.” BRICS highlights opposition to tariffs Opposition to US tariffs formed…...