America's emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America's emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington's ability to shield consumers from the fallout of Saudi Arabia's aggressive supply cuts, according to Goldman Sachs.
2023-09-28 01:55
US annual home price growth accelerates in July
By Amina Niasse NEW YORK (Reuters) -U.S. annual home price growth accelerated for a second straight month in July, signaling
2023-09-26 22:25
Want to live in London or New York? Good luck if you're renting
In May, Viveca Chow hurriedly transferred $3,700 over her phone while standing in the lobby of a building in Queens, New York. She made the upfront payment to secure an apartment minutes after seeing it.
2023-09-23 12:27
Will oil hit $100? It already did in some markets
By Alex Lawler LONDON With oil investors and traders focused on an oil-price rally that has come close
2023-09-18 21:58
White House taking wait-and-see approach to rising gas prices, officials say
Senior White House aides huddled multiple times this week to discuss policy options to keep a lid on gasoline prices, officials told CNN, as prices continued rising steadily in recent weeks amid strong economic demand, refinery issues, extreme weather, and geopolitical tensions.
2023-09-16 07:58
How the UAW strike could affect auto sales
Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again.
2023-09-15 18:26
South Korea house prices climb for second month in August
SEOUL South Korea's housing market climbed for a second straight month in August, data showed on Friday, with
2023-09-15 13:26
China's August new home prices fall at fastest pace in 10 months
BEIJING (Reuters) -China's new home prices fell at the fastest pace in 10 months in August, official data showed on
2023-09-15 10:25
In a bad omen for inflation, US oil prices top $90 a barrel for the first time this year
US oil prices climbed above $90 a barrel on Thursday for the first time in 10 months, threatening to push gasoline prices even higher and heat up inflation across the economy.
2023-09-15 08:25
Japan's Aug wholesale inflation slows as cost pressures ease
By Leika Kihara TOKYO (Reuters) -Japan's annual wholesale inflation slowed in August for the eighth straight month, data showed on
2023-09-13 08:58
Online prices plunge by the most in three years
Online shoppers were greeted by rapidly falling prices in August, marking another positive sign in the fight against inflation.
2023-09-12 21:52
Gas prices jump as strikes in Australia begin
A row over pay and conditions has led to walkouts at two liquefied natural gas facilities.
2023-09-08 18:26