Read More Business Economy Shell Reports a Profit of $6.2 Billion as Oil Prices Experience an Increase.ByMichelle ThompsonNovember 2, 2023 The oil and gas industry leader, Shell, has reported robust profits, with a boost attributed to the resurgence… Read More
Read More Economy Ahead of the Fed meeting, oil prices increased, while the Israel-Palestine conflict continuedByMichelle ThompsonNovember 1, 2023 Israeli airstrikes on the Jabalia refugee camp on Tuesday intensify worries about potential disruptions to oil supply routes.… Read More
Read More Economy Third-quarter global gold demand was 8% higher than its five-year averageByMichelle ThompsonOctober 31, 2023 Because of the strong demand from central banks, the total yearly gold supply reached 1,147 tons in July… Read More
Read More Business Economy The World Bank Has Issued a Warning that Oil Prices Might Surge to $150 per Barrel.ByMichelle ThompsonOctober 31, 2023 The World Bank suggests that if the conflict in the Middle East escalates, oil prices could potentially exceed… Read More
Read More Economy The Middle East crisis is causing a “dual shock” in commodities, according to the World BankByMichelle ThompsonOctober 30, 2023 Commodity prices would see a rapid decline if the violence intensified, according to the analysis. The World Bank… Read More
Read More Economy Oil prices might rise to a record $150 per barrel, the World Bank saysByMichelle ThompsonOctober 30, 2023 Food prices will rise if the Israel-Hamas conflict spread throughout the Middle East, disrupting oil supplies, according to… Read More
Read More Business Economy Increased Interest Rates Contribute to a Profit Boost of Over Twice the Amount for HSBC.ByMichelle ThompsonOctober 30, 2023 The UK’s major bank, HSBC, has reported a significant increase in quarterly profits, totaling $7.7 billion (£6.35 billion),… Read More
Read More Economy In September, the US Fed’s inflation indicator fell to 3.7%ByMichelle ThompsonOctober 27, 2023 In August, the core PCE price index increased from 0.1% to 0.3% on a monthly basis. Commerce Department… Read More
Read More Business Economy The United States Economy Experiences Its Most Rapid Expansion in Nearly 24 Months.ByMichelle ThompsonOctober 27, 2023 In the third quarter of the year, the American economy expanded at a rate that exceeded projections, boosted… Read More
Read More Economy US stocks close down significantlyByMichelle ThompsonOctober 26, 2023 Nasdaq crashes 2.43% while the S&P falls 1.43%. US stock markets saw significant losses at Wednesday’s closure. The… Read More