September 5, 2024
Hunger Reaches Highest Point in US in Decade
Hunger reached its highest point in the United States in nearly a decade last year, with 18 million households, or 13.5%, struggling at some point to secure enough food, US Department of Agriculture report released on Wednesday said.
Hunger has been …
Crude Futures Settle Down by More than $1/bbl on Demand Fears
Crude futures fell by more than $1 a barrel on Wednesday in see-saw trading.
Brent crude futures settled down $1.05, or 1.42%, to $72.70 a barrel. US West Texas Intermediate crude futures settled down $1.14, or 1.62%, at $69.20.
During the session, …
Gold rises 1%, Reaches One-Week High
Gold prices rose Thursday, about 1 percent, approaching the highest level in a week.
Spot gold rose 0.8 percent to $2,514.79 per ounce, after hitting an all-time high since last week earlier in the session.
US gold futures rose 0.8 percent to $2,545…
8 OPEC Plus Countries Decide to Extend Voluntary Crude Oil Production Cuts
Eight OPEC Plus countries decided Thursday to extend the voluntary crude oil production cuts announced in April and Nov. 2023 for two months until the end of next Nov.
The Organization of the Petroleum Exporting Countries (OPEC) said in a statement t…
European Stocks Fall for Fourth Straight Session
European stocks fell for the fourth straight session at the start of trading Thursday, with investors awaiting economic data from the euro zone, as well as jobs data in the United States, for indications on the path of US interest rate cuts.
The pan-…