Gas Prices Are Falling, a Win in Fight Against Inflation

Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives

U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...

Business - MarketWatch - October 16

Falling oil prices may help push gas below $3 a gallon for the first time since 2021

The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...

Business - MarketWatch - October 28

Gas price fears drive pushback against California plan to overhaul climate program

California's Republican representatives in Congress are pushing back against state plans to tighten carbon reduction policies, arguing that doing so would cause a sharp rise in gasoline prices. All ...

Politics - The Hill - October 29

IMF says global fight against inflation is 'almost won' but warns of rising risks

The IMF projects global headline inflation to fall to 3.5% by the end of 2025.

Business - CNBC - October 22

Journalists can't win the fight against fake news without citizens' help

No single countermeasure will be sufficient, but all of us can play a role in building a healthier climate for information and trust and helping journalists through this deluge.

Politics - The Hill - October 16

Inflation pain helped secure Trump win but his policies mean higher prices

Markets expect his policy package to harm trade and growth but reduce business taxes. Dollar and bitcoin soar as Trump wins US election Business live – latest updates US election 2024 – ...

World - The Guardian - 3 days ago

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

Will the price of gold fall this November?

The price of gold has broken multiple records so far in 2024. But will it fall this November? Here's what to consider.

Despite Global Crises, Gas Prices Slide as U.S. Election Nears

Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.

Business - The New York Times - October 23

Don’t be beguiled by the apparent calm reigning in US bond markets

The outcome of the presidential election could yet cause a crisis of confidence

Business - Financial Times - October 25

European gas prices hit peak for year on Norwegian production outage

Increase highlights continuing vulnerability of market to supply disruptions

World - Financial Times - October 25

Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices

Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.

Business - The Wall Street Journal - October 31

Surprise fall in inflation to 1.7% paves way for interest rate cuts

September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.

BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.

Business - The New York Times - October 29

Kings run out of gas against Hughes and Canucks in physical matchup

Playoff level physicality took center stage on Thursday night as the Los Angeles Kings fell to the Vancouver Canucks, 4-2. Unfortunately for the Kings, they not only lost the game, but also likely ...

Sports - Yahoo Sports - Yesterday

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

Saudi Aramco Profit Falls on Oil-Price Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

Business - The Wall Street Journal - 4 days ago

Oil ends down on the day, up for the week on conflicting supply-demand prospects

Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...

Business - MarketWatch - 22 hours ago

I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats

The International Monetary Fund said protectionism and new trade wars could weigh on growth.

Business - The New York Times - October 22

America’s fight with inflation has been won – just in time for a bigger battle

The Fed is likely to cut base rates this month – but its decision will come the day after an explosive US election. There could be recriminations, protest marches and even social unrest on US city ...

World - The Guardian - 6 days ago

UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves

Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...

World - The Guardian - October 16

Inflation falls to lowest level since 2021 in Fed’s preferred gauge

Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...

Politics - The Hill - October 31

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

Top stories - The New York Times - 2 days ago

Global battle against inflation has largely been won, IMF says

The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.

Business - MarketWatch - October 22

America’s secret weapon against inflation: The 30-year home mortgage

Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.

Business - MarketWatch - November 2

What to know about California's controversial new law aimed at preventing gas price spikes

California Gov. Gavin Newsom (D) on Monday signed into law a controversial slate of plans to tighten fuel refinery storage rules in an effort to prevent future fuel shortages and price spikes at ...

Politics - The Hill - October 14

California Gov. Gavin Newsom signs a law aimed at preventing gas prices from spiking

California Gov. Gavin Newsom has signed a law aimed at preventing gas prices from spiking at the pump

Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA

Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...