US Cancels Latest Oil Reserve Refill Plan Amid High Prices(Bloomberg) -- The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices. The Energy Department said it was “keeping the taxpayer’s interest at the forefront” in its decision not to purchase as many as 3 million barrels of oil for a Strategic Petroleum [...] READ MORE Central banks bolster gold reserves further in February, albeit at a slower paceCentral banks bought a net 19 tonnes (t), down 58% m/m1 Demand continues to be driven by emerging market banks, such as China and India The slower pace of accumulation in February has had little impact on the broad trend in central bank buying Available data for February shows that reported global central bank [...] READ MORE Fed officials see three rate cuts ‘reasonable’ this yearLoretta J. Mester, president and CEO of the Federal Reserve Bank of Cleveland, looks on at Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 26, 2022. April 2 (Reuters) - A pair of Federal Reserve policymakers often considered to have divergent [...] READ MORE The Gold Investing Madness Is Just Getting StartedGroup of Gold American Eagle Coins, BU, on newspaper headline, stock market fall as Inflation rises. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)UCG/UNIVERSAL IMAGES GROUP VIA GETTY IMAGES It's that time of year again—the end of March Madness, a period when sports fans are fully immersed in the exhilarating action of the NCAA [...] READ MORE “A Decade of Armageddon” Susanne Trimbath, Fed & DTCC Insider Reveals All Welcome to an eye-opening interview with Suzanne Trimbath, a former insider at the Federal Reserve and stock market clearing houses. Discover the hidden dangers lurking in today’s stock market and learn essential strategies to safeguard your investments. Trimbath’s acclaimed book “Naked Short and Greedy” boasts an outstanding 4.9-star rating on Amazon, a testament to [...] READ MORE Gold prices are at an all-time high—but experts like Warren Buffett don’t always recommend investingGawrav Sinha | E+ | Getty Images Bitcoin and stocks aren’t the only assets hitting all-time highs. If you want to buy an ounce of gold, it will currently cost you more than ever, at more than $2,250 an ounce. That puts it up about 38% from its last low point in 2022. And [...] READ MORE Housing’s outsized role in the Fed’s inflation problem: Morning BriefThe Federal Reserve's inflation story is all about housing. Right now, the gap between the Fed's preferred inflation measure and the most popular inflation measure is a full percentage point. But how the two series account for the cost of shelter yields a 1.5 percentage point gap between them — a difference that's offset [...] READ MORE Oil Rises to $85 in Rally Driven by OPEC, Geopolitical RisksMEXICO-PEMEX-OIL EXPLORATION (Bloomberg) -- US crude futures pierced $85 for the first time since October, the latest milestone in a rally driven by OPEC+ production cuts, strong demand and heightened geopolitical risks. Oil has jumped this week as tensions rise in the Middle East, with Iran vowing revenge on Israel for an airstrike on [...] READ MORE Japan’s finance minister says ‘speculative’ moves in currency market impacting yenJapanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. “We will watch currency market developments with a strong sense of urgency, and will respond appropriately against excessive moves without ruling out any options,” [...] READ MORE « Previous 1 … 10 11 12 13 14 … 66 Next »