US Diesel Prices Hit Record High, Raising Transportation Costs Across America
Diesel prices in the United States have reached a new record, increasing transportation costs for businesses and consumers across the country.The national average price of diesel climbed to $5.85 per…
U.S. Jobs Report and Interest Rates: Strong August Hiring Pushes Treasury Yields Higher
A strong U.S. jobs report for August pushed Treasury yields higher and increased speculation that the Federal Reserve could raise interest rates later this month. Nonfarm payrolls rose by 162,000…
Global Stock Markets Fall as US Iran Strikes Push Oil Near $95
Global stock markets fell on Wednesday as renewed fighting between the United States and Iran pushed oil prices higher. Investors feared that further attacks could disrupt energy supplies and increase…
Canada Imposes $20 Billion Retaliatory Tariffs on US Goods as Trade War Intensifies
Canada has announced retaliatory tariffs on about $20 billion worth of US goods. The measures respond to the latest tariffs imposed by the United States on Canadian imports.The new Canadian…
Pakistan Sovereign Credit Rating Upgraded by Moody’s to B3
Moody’s has upgraded Pakistan’s sovereign credit rating from Caa1 to B3, marking an improvement in the country’s credit profile. The global ratings agency also kept Pakistan’s outlook stable.The upgrade reflects…
US inflation eases as food and fuel costs cool
US prices increased 3.4% in the year ending in July, which was somewhat less than the 3.5% in the year ending in June.With the ongoing strife in the Middle East,…
Zhu Rongji, who helped turn China into a trading giant, dies at 97
At the age of 97, former Chinese Premier Zhu Rongji passed away. He led China's entry into international commerce and established the groundwork for its rapid expansion.From 1998 to 2003,…
India police fire tear gas at protesters seeking exam reforms
In the eastern Indian state of Jharkhand, police have used tear gas shells against demonstrators calling for changes to the recruiting process.Thousands of volunteers, job seekers, and students have been…
Oil price dives as US and Iran pause attacks
Oil Prices Drop Sharply The price of oil has dropped dramatically on hopes that a pause in strikes between the United States and Iran will help to resolve the crisis.Brent…
For the first time since May, oil prices reached $100.
Oil Prices Reach $100 Per Barrel For the first time since May, oil prices reached $100 a barrel as concerns about the world's energy supplies were rekindled by the Middle…
