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Why are prices still stubbornly high?
The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in ...CBS News - 2h -
Britain Promised Clean Energy, but It Still Needs Oil
The government wants to rapidly replace oil and natural gas with renewable energy projects, but offshore wind and other alternatives are still in their early stages.The New York Times - 9h -
EU targets Russia's ghost fleet shipping oil in a new round of sanctions
European Union envoys have agreed a new raft of sanctions against Russia over its war on UkraineABC News - 11h -
U.S. oil prices top $70 for first time in over 2 weeks on concerns over tight supply
Crude-oil prices ended higher for a third straight session on Wednesday, with China’s plans to boost its economy expected to lift energy demand and as talk of potential new U.S. oil sanctions on ...MarketWatch - 6h -
Coffee price surges to highest on record
Coffee drinkers are set to feel the pinch from high prices after crops got hit by drought and heavy rainfall.BBC News - 1d -
Oil scores back-to-back gains on Middle East risks and China demand prospects
U.S. and global benchmark oil futures on Tuesday finished modestly higher, stretching their rise to a second straight session.MarketWatch - 1d -
Supreme Court weighs environmental dispute over Utah oil railway
The Supreme Court justices will weigh the fate of an 88-mile railroad project that would transport crude oil in Utah as they consider a dispute over whether federal officials conducted a stringent ...NBC News - 1d -
Oil prices end higher, lifted by fall of Syria’s Assad and China’s stimulus plans
Oil futures finished higher on Monday after China eased its overall monetary-policy stance for the first time in 14 years, as the nation’s Politburo vowed more forceful measures to boost the ...MarketWatch - 2d -
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Oil Markets Shrug Off Overthrow of Syria’s al-Assad
Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar al-Assad’s ouster.The New York Times - 2d -
Bogged Down in Ukraine, Russia Pays a Price in Syria
With the fall of President Bashar al-Assad of Syria, Vladimir V. Putin has suffered one of the biggest geopolitical setbacks of his quarter-century in power.The New York Times - 3d -
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Oil prices end at their lowest in 3 weeks after OPEC+ fails to allay supply worries
Oil futures settled lower on Friday to tally losses for the week, a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned ...MarketWatch - 5d -
Average house price hits record high of £298,083
The UK's largest mortgage lender said the average house price hit £298,083 last month.BBC News - 5d -
Will Congestion Pricing Survive Trump’s Vow to Kill It?
The program will unleash an economic boon, breathing new life into a city still trying to get its bearings post-Covid.The New York Times - 5d -
Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - 6d -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - 6d -
OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production.The New York Times - 6d -
Fancy Pajamas Worth the Price of Shipping
Pajama sets from small European labels have for some become stylish souvenirs that signal their discerning taste.The New York Times - 6d -
Bitcoin price tops $100,000. Here's what's driving the gains
Bitcoin's milestone surge past $100,000 came after President-elect Donald Trump nominated Paul Atkins as SEC chair.CBS News - 6d -
Bitcoin price crosses $100,000 threshold for first time
A massive rally sparked by Donald Trump's election has pushed Bitcoin, the world's most popular cryptocurrency, across the $100,000 mark for the first time. CBS News MoneyWatch correspondent Kelly ...CBS News - 6d -
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnateABC News - 6d -
OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - 6d -
Shell and Equinor to combine UK offshore oil and gas assets
Companies say combination will play crucial role in securing energy supply for countryFinancial Times - 6d -
Cocoa market on the brink of big price surge
A multiyear structural deficit will push up costs to inflation-adjusted highsFinancial Times - 6d -
Bitcoin Price Surges to a Milestone: $100,000
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.The New York Times - 6d -
Bitcoin price hits $100,000 for the first time
The price of one bitcoin hit $100,000 for the first time Wednesday as demand for the digital currency continued to surge in the wake of an election that saw victories for crypto-friendly candidates ...NBC News - Dec. 5 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interruptedABC News - Dec. 4 -
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.The Wall Street Journal - Dec. 4 -
Jaguar Type 00 EV: Price, Specs, Availability
Bypassing 90 years of heritage and unashamedly looking unlike anything else on the road, the brand's radical relaunch EV could be as polarizing as the ad campaign that preceded it.Wired - Dec. 3 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2 -
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - Dec. 2
