News

US Crude Stocks Rise, Gasoline and Distillate Inventories Fall - EIA
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 654,000 barrels last week, the EIA said. Refinery crude runs fell ...
Gold's Lustre Undimmed, Prices Hit Records Above $3,300/oz
Spot gold hit a record of $3,317.90 per ounce on Wednesday, resuming a rally based on U.S. President Donald Trump's tariff ...
US Business Inventories Rise Moderately in February
Inventories increased 2.1% year-on-year in February. Inventories are the most volatile component of GDP. Private inventories ...
US Manufacturing Output Slows in March; Tariffs Cloud Hangs Over Factories
Production at factories advanced 1.0% on a year-on-year basis in March. Manufacturing, which accounts for 10.2% of the ...
Bank of Canada Holds Benchmark Rate Steady at 2.75%
TORONTO (Reuters) -The Bank of Canada on Wednesday held its benchmark interest rate at 2.75%, its first pause after seven ...
Ford's China Business Made $900 Million Last Year
DETROIT (Reuters) - Ford Motor's China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker's top executives said ...