Copper prices continue to stand above the $8,200/metric tonne (mt) mark, defying weaker investor sentiment in China, as a series of mine supply downgrades drive analysts’ prediction of a persistent market deficit in 2024. Analysts at UBS foresee a target of $9,500/mt for , recommending investors seize buying opportunities on…

By Maiya Keidan TORONTO (Reuters) – Top Canadian pension manager the Alberta Investment Management Corporation (AIMCo) on Thursday announced the creation of a C$1 billion ($745 million) energy transition fund, following similar moves by peers. AIMCo, which has C$158 billion in assets, said the fund will be dedicated to investing…

By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) -The dollar rose modestly against major currencies on Monday, as investors braced for data on U.S. inflation and retail sales this week for clues on when the Federal Reserve may begin widely anticipated interest rate cuts. In cryptocurrencies, bitcoin hit $50,000…

By Howard Schneider and Michael S. Derby WASHINGTON/NEW YORK (Reuters) -A week of disappointing U.S. economic data, including stronger-than-expected inflation and weakening spending, has Federal Reserve policymakers doubling down on their wait-and-see approach to interest rate cuts this year, but not discouraged. The latest bit of bad news came early…

Johnny Cash said, “Success is having to worry about every damn thing in the world, except money.” Whether in life, work, or money, the word “success” is so often used. And that’s not necessarily a bad thing. It works because of its malleability—everyone can make up their own definition. In…

Mortgage rates rose again this week, spelling further bad news for weary would-be buyers and sellers as housing inflation continues to surge. Freddie Mac’s latest Primary Mortgage Market Survey released Thursday showed that the average rate for the benchmark 30-year fixed mortgage climbed to 6.77% this week, up from 6.64%…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers…

Millions of American young adults are graduating from college this season and beginning the next chapters of their lives. The ceremonial celebrations of graduations often come with receiving gifts of congratulations from family and friends. Many gifts are money.New grads may be tempted to spend their gift money — but…

At least one member of the Republican National Committee is working to slow Donald Trump’s attempted takeover of the organization by pushing to keep the committee neutral until Trump is officially the presidential nominee and avoid picking up his legal bills.Two draft resolutions are being circulated by Henry Barbour, a…