Business

news-18062024-154919

Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD

The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair,...
news-18062024-154858

Crude Oil Gains Despite API Stocks Buildup

West Texas Intermediate (WTI) US Crude Oil prices have surged above $80.00 per barrel, despite a recent increase in American Petroleum Institute (API) Weekly...
news-18062024-152804

Netanyahu Criticizes Biden for Suspending US Weapons Supply

Israeli Prime Minister Benjamin Netanyahu has criticized the Biden administration for allegedly withholding weapons transfers to Israel, going against promises made to remove all...
news-18062024-152747

Canada: America’s NAFTA Rival

America and Canada share a significant trade relationship. President Donald Trump recently met with Canada's Prime Minister Justin Trudeau for the first time. During...
news-18062024-152733

Phillips 66 (PSX) J.P. Morgan 2024 Energy Conference Transcript

Phillips 66 recently participated in the J.P. Morgan 2024 Energy, Power, and Renewables Conference, where Chairman and CEO Mark Lashier discussed the company's strategy...
news-18062024-152711

2024 US Budget Deficit Estimate Soars to $1.9 Trillion

The latest update from the Congressional Budget Office (CBO) has projected a significant increase in the U.S. budget deficit for fiscal year 2024. The...
news-18062024-123100

Investing in AI: Steve Cohen’s Strategic Move into Artificial Intelligence

Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an...
news-18062024-114634

Forex Market Update: Focus Shifts Across the Channel

The foreign exchange market traded without much movement on Tuesday as investors were focused on the potential timing of Federal Reserve rate cuts. Coming...
news-18062024-094740

Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
news-18062024-094716

US Treasury to Auction $13 Billion of 20-Year Bonds at Top of the Hour

The U.S. Treasury is set to auction $13 billion of 20-year bonds at 1 PM ET today. This auction will be closely monitored as...

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news-20112024-050745

Comcast to Announce Cable Networks Spinoff on Wednesday

Comcast is making a big move by spinning off its cable network channels, according to sources familiar with the matter. This separation process is...