Why a surge in Treasury rates could spark a Fed reaction like in 2023
Stocks have been struggling to find a footing as longer bond yields rise, nearing levels last seen consistently in late 2023 ...
U.S. Ethanol Stocks Break 24M Mark for First Time in Over 7 Months
The EIA reported stocks at their highest since May 2024, breaking the 24 million-barrels barrier for the first time since the week ended May 17. It also exceeds the high end of analyst estimates, with ...
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,150 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,375 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,502 BMI Nickel ...
Ally Financial to Cut Employee Headcount, Exit Mortgage Business
Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...
Stocks wobble on Wednesday, struggling to recover from tech-driven selloff
U.S. stocks were wobbling on Wednesday morning as investors continued to weigh the future path of the Federal Reserve's interest-rate cuts after a mixed batch of labor-market data released this week.
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been ...
Market participants focus on historical anomaly in 10-year Treasury yield
Treasury yield has spiked by roughly 100 basis points since mid-September to 4.68% as of Wednesday, an amount that's just as large as the Federal Reserve's total interest-rate cuts last year. This ...
U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries increased their capacity use, data released by the U.S. Energy Information ...
Canada Finance Minister LeBlanc Won't Seek Liberal Party Leadership -- Update
OTTAWA--Canada's Finance Minister Dominic LeBlanc said he won't seek the Liberal Party leadership because his focus must remain on fighting against the risk of "unjust" tariffs from the incoming Trump ...
Jaguar Mining Shares Sink After Miner Hit With Fine After Brazil Incident
Jaguar Mining's shares fell sharply after the Canadian gold miner was hit with a roughly $52.5 million fine following a landslide at a mine in Brazil that forced the evacuation of more than 130 local ...
AVITA Medical Shares Slump on Lowered Outlook
Shares of AVITA Medical dropped after the company cut its fourth-quarter and full-year outlook on slower-than-expected purchasing activity. The company's stock fell 32% to $9.55 in morning trading ...
Oil prices edge up as U.S. crude supplies fall, gasoline stocks climb
Oil futures edged a bit higher on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh strai ...