Fentanyl Street Price Plummets While Country Faces High Prices Under The Biden Administration Jennie Taer and Harry Wilmerding on February 28, 2022 As Americans face some of the highest costs…
By Manoj Kumar NEW DELHI – Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks…
PARIS – European forward power prices fell further on Friday, with sanctions against Russia for its invasion of Ukraine yet to have an immediate impact on energy supplies. [NG/EU][O/R] The…
By Fabian Cambero and Anthony Esposito SANTIAGO – Pre-tax profits for the world’s largest copper producer Codelco surged to $7.4 billion in 2021 from $2.1 billion a year earlier, boosted…
By Nia Williams CALGARY, Alberta – Canada’s biggest oil-producing province Alberta is expecting its first budget surplus since 2014/15, Finance Minister Travis Toews said on Thursday, as soaring global energy…
– U.S. rare earth miner MP Materials Corp on Thursday posted a higher fourth-quarter profit, helped by rising prices for the minerals used to make high-end electronics and weaponry. Rare…
– U.S. shale oil firm EOG Resources Inc on Thursday reported a jump in fourth-quarter profit as crude prices soared to multi-year highs following a rebound in demand as the…
By Vivek Mishra BENGALURU – Soaring house prices in New Zealand will grind to a halt this year and Australia will follow suit in 2023 as expected higher interest rates…
– U.S. shale producer Occidental Petroleum Corp on Thursday reported a fourth-quarter profit compared with a year-ago loss, as a recovery in demand has driven crude prices to multi-year highs…
COLONIAL HEIGHTS, Va. – If the conflict in Ukraine leads to sustained high oil prices it could hit U.S. consumer spending and pose a possible risk to U.S. economic growth,…
The worldwide price of crude oil skyrocketed to more than $100 per barrel for the first time since 2014 as Russia launched a full-scale offensive against Ukraine. The Brent crude…
HOUSTON – U.S. liquefied natural gas producer Cheniere Energy Inc. on Thursday said high prices and an “extremely volatile” global market are driving more long-term contracts of LNG volumes. The…
WASHINGTON – Sales of new U.S. single-family homes fell slightly more than expected in January, likely as rising mortgage rates and higher prices sidelined some first-time buyers from the market.…
Mortgage Applications Plummet As Housing Prices Surged To Record High Harry Wilmerding on February 23, 2022 Mortgage applications plummeted to their lowest level in three years as rates continued to…
– Shale oil and gas producer Chesapeake Energy Corp said on Wednesday its quarterly adjusted profit rose 14.5% in the fourth quarter from the third, helped by a surge in…
BERLIN – Germany’s coalition parties agreed on Wednesday a roughly 13 billion euro package of measures to help households cope with surging energy prices, including scrapping a surcharge levied on…
President Joe Biden suggested that Americans may be negatively impacted at the pump as a result of a sanctions package targeting Russia he unveiled Tuesday. “As we respond, my administration…
PARIS – French Finance Minister Bruno Le Maire told BFM TV and RMC Radio on Wednesday that he was keeping a close eye on rising wheat prices, which could add…
U.S. home prices soared to a record high in 2021 as low mortgage rates fueled buyers to rush into a market with ultra-low inventory, according to a home price index.…
By Iain Withers LONDON -British bank NatWest swung to a hefty profit on the back of the country’s economic recovery but said rising prices will make it harder to cut…
OTTAWA – Canadian home price gains accelerated again in January, climbing 1.3% from December, on rises in nine of the 11 major markets, data showed on Thursday. The Teranet-National Bank…
BEIJING – Coffee chains such as Luckin Coffee and Tim Hortons have increased the prices of their beverages in China, with U.S. giant Starbucks blaming “multiple factors” such as higher…
By Andrea Shalal WASHINGTON – Headline inflation has moved above central bank targets in most Group of 20 economies despite weaker growth momentum and remains a “significant risk,” but rising…
By Fergal Smith TORONTO – Canada’s main stock index rose on Tuesday, helped by a rally in global equity markets after Russia indicated it was withdrawing some troops from exercises…
By Deborah Mary Sophia and Hilary Russ -Burger King parent Restaurant Brands International Inc said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and…