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Oil futures ended higher on Thursday, with prices “near-term oversold,” following Wednesday’s “multi percentage-point drop to multi-month lows,” said Tyler Richey, co-editor at Sevens Report Research. Gains for oil came despite a report from the Energy Information Administration that showed an 8.8 million-barrel weekly rise in U.S. crude inventories. October WTI crude CLV22, +3.06% climbed […]
The British pound showed little movement Thursday after the death of Queen Elizabeth II at the age of 96. The pound GBPUSD, +0.73% traded at $1.1508 versus the U.S. dollar, down 0.2% on the day. The 96-year old monarch, who ruled the UK for 70 years, died peacefully at Balmoral Castle, according to an announcement […]
Queen Elizabeth II has died at her Balmoral home in Scotland, the Royal Family announced on Thursday. The 96-year old monarch, who ruled the U.K. for 70 years, died peacefully, according to the brief statement, which was read out by the BBC. King Charles and the Royal Consort Camilla Parker-Bowles will remain at Balmoral this […]
White House press secretary Karine Jean-Pierre offered a reaction on Thursday following news that Queen Elizabeth II has died, saying “our hearts go to the people of the United Kingdom, to the queen and to her family.” Jean-Pierre suggested President Joe Biden will have a message, telling reporters that she didn’t want to “get ahead […]
Federal Reserve Chairman Jerome Powell said in a question and answer session hosted by the Cato Institute on Sept. 8 that the central bank will continue to hike rates until inflation is under control. However, these comments did not rattle the markets as much as most would have anticipated, indicating that traders might have already […]
The Justice Department and legal representatives of former president Donald Trump have, as ordered on Monday by U.S. District Judge Aileen Cannon, put forward the names of candidates to be appointed special master to conduct a review of the documents and materials recovered on Aug. 8 by the FBI during a court-approved search of Trump’s […]