A historic drop in U.S. crude inventories wasn’t enough to lift oil futures Wednesday, with the U.S. and global benchmarks suffering their biggest one-day declines in more than a month. Price action West Texas Intermediate crude for September delivery CL00, -1.89% CL.1, -1.89% CLU23, -1.89% fell $1.88, or 2.3%, to …
Devamını oku »Mega Millions jackpot hits $1.05 billion – but it’s not the biggest prize ever
The Mega Millions jackpot climbed to $1.05 billion this week, marking the fifth time in U.S. history that the lottery game’s prize has climbed over the billion-dollar threshold. How did it get so high? There have been 29 straight draws without a Mega Millions winner since April 18, and the …
Devamını oku »These are the companies that had the biggest impact on the Dow’s historic winning streak
The Dow Jones Industrial Average will likely conclude its historic 13-session winning streak on Thursday. Barring a late-day rally that pushes the average back into the green, the streak will be remembered as the Dow’s longest stretch of daily gains since 1987. What’s more, it will have come within one …
Devamını oku »Georgieva, head of the IMF: the biggest challenge for central banks is to reduce inflation – Last Minute Economy News
International Monetary Fund (IMF) President Kristalina Georgieva made assessments of the global economy at the opening of the 23rd Jacques Polak Research Conference. Stating that the global economy has suffered shocks one after another, Georgieva said that the effects of the Russian war in Ukraine and the ongoing epidemic exert …
Devamını oku »Biggest drop in UK house prices in 21 months – Last Minute Economy News
According to figures released by the UK real estate lender Halifax, house prices in the country fell by 0.4 percent in October. Home prices, which saw the sharpest decline since February 2021, rose 8.3% year-on-year. Average house prices in the country fell from £ 293,664 to £ 292,598 in October. …
Devamını oku »LAST MINUTE NEWS: Biggest Interest Rate Hike in 33 Years From Bank of England – Last Minute Economy News
Latest news! The Bank of England (BoE) has announced its interest rate decision. BoE rates rose 75 basis points to 3%, the largest increase since 1989. The kanepe raised rates on Sept. 22, the day before former British Prime Minister Liz Truss’s government announced a £ 45bn ($ 52bn) tax …
Devamını oku »Biggest rise in UK food prices in 17 years – Last Minute Economy News
In the British Retail Consortium (BRC) statement, it was reported that fresh food prices in the country have risen the most year on year since 2005 in October this year due to rising energy prices, the shortage of skilled labor and the ongoing war in Ukraine. In the UK, the …
Devamını oku »Biggest Monthly Iron Ore Price Drop in Two Years – Last Minute Economy News
Iron ore futures prices have increased their losses kakım the world’s largest steel producer added to the uncertainty over the country’s outlook. In Dalian, the iron ore contract plunged more than 15% in October, ending the month with the largest monthly decline since February 2020. China’s official Manufacturing Purchasing Managers …
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