Tag: Oil

It’s been nearly a decade since El Niño, a natural tropical Pacific weather and ocean pattern, has been as strong as it will be this winter. The last time it really made waves—the chilly season spanning 2015 to 2016—the contiguous U.S. experienced its warmest winter on record, according to the National Oceanic and Atmospheric Administration…

© Reuters. FILE PHOTO: A cashier charges products at a supermarket ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 22, 2022. REUTERS/Jim Vondruska By Dan Burns (Reuters) -U.S. consumer sentiment fell for a fourth straight month in November and households’ expectations for inflation rose again, with their medium-term outlook for price pressures shooting…

Goldman Sachs has recently cautioned investors about the potential uncertainty that 2024 may bring, emphasizing the importance of diversification and risk management. The bank identified geopolitical volatility, sustainability, and security and defense as key factors in the fluctuating investment landscape. The bank also highlighted artificial intelligence (AI) as a significant accelerator of growth, particularly in…

The German inflation rate in October has dropped to its lowest level since August 2021, according to data from Destatis. This decline was primarily due to a decrease in energy and fuel prices, which fell by 3.2% and 7.7% respectively year-on-year. Consumer prices rose by 3.8% compared to last year, marking a decrease from September’s…

© Reuters. FILE PHOTO: A house-for-sale sign is seen inside the Washington DC Beltway in Annandale, Virginia January 24, 2016. REUTERS/Hyungwon Kang/Files/File Photo By Amina Niasse NEW YORK (Reuters) – Some Americans who have been priced out of the tight residential real estate market are turning to prefabricated homes, helping to power a nascent recovery…

© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo   US500 +0.94% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price…

China has, of course, denied the incident ever occurred, but some 55 Chinese sailors aboard a submarine designated 093-417 are presumed dead after an accident in the Yellow Sea, off of China’s Shandong Province. British intelligence reports the submariners died after a “catastrophic” failure of the vessel’s oxygen systems on August 21, 2023.“Our understanding is…

© Reuters. FILE PHOTO: An emergency sign points to the entrance to Scripps Memorial Hospital in La Jolla, California, U.S. March 23, 2017. REUTERS/Mike Blake/File Photo By Mark Miller (Reuters) – Many people on Medicare look the other way when the program’s annual enrollment period rolls around, preferring simply to ignore the hassle. But for…

LAS VEGAS (KLAS) — Despite police ticketing him 19 times for driving without a license, registration, or insurance, a Las Vegas man described himself as a “good driver” and apologized for killing a bicyclist.Julius Hopkins, 32, faced charges of reckless driving resulting in death, child abuse or endangerment, and having no driver’s license, registration, or…

Throughout the criminal investigations of Donald Trump, the former president has expected his co-defendants, alleged co-conspirators, and potential witnesses for the prosecution to stay fiercely loyal to him. This has included — according to people who’ve discussed the matter with him — his belief that some of his former lieutenants should risk jail time rather…