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 …
Prices
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- Financial News
Economists say higher oil prices pose further risk to India’s growth momentum
by Reutersby ReutersBy 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 …
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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 …
- Financial News
Chile copper giant Codelco profits surge on higher metals prices
by Reutersby ReutersBy 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 …
- Financial News
Canada’s Alberta province forecasts 2022/23 budget surplus as oil prices soar
by Reutersby ReutersBy 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 …
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– 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 …
- Financial News
EOG Resources posts higher profit as crude prices scale multi-year highs
by Reutersby Reuters– 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 …
- Financial News
Kiwi house prices rises to halt this year, Australia to follow in 2023: Reuters poll
by Reutersby ReutersBy 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 …
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– 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 …
- Financial News
Fed’s Barkin says sustained high oil prices could ‘dampen’ consumption, growth
by Reutersby ReutersCOLONIAL 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, …
- Breaking NewsUS and World News
Gas Prices Set To Skyrocket After Oil Soars Beyond $100 For The First Time Since 2014
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 …
- Financial News
High prices, volatility driving more long-term contracting of U.S. LNG – Cheniere
by Reutersby ReutersHOUSTON – 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 …
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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. …
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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 …
- Financial News
Chesapeake Energy reports higher profit on soaring crude prices
by Reutersby Reuters– 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 …
- Financial News
German parties agree relief for households as energy prices soar
by Reutersby ReutersBERLIN – 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 …
- Featured NewsUS and World News
‘We Need To Be Honest’: Biden Suggests US Gas Prices Will Increase Because Of His Russian Sanctions
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 …
- Financial News
French finance minister: keeping close eye on rising wheat prices
by Reutersby ReutersPARIS – 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 …
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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. …
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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 …
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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 …
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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 …
- Financial News
IMF sees inflation as ‘significant risk,’ but eyes gradual moderation in rising prices
by Reutersby ReutersBy 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 …
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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 …
- Featured NewsFinancial NewsFood & Dining
Burger King pulls Whopper off discount menu; parent RBI to hike prices
by Reutersby ReutersBy 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 …