The outcome of a meeting this past weekend of major oil producers was somewhat surprising, but they may have expected to see a stronger climb in prices in the wake of Saudi Arabia’s decision to voluntarily cut another 1 million barrels a day from its production level. Some analysts do…

A bill going through the California legislature could help low-income Americans struggling with affordable housing by limiting the amount of money renters would have to pay for a security deposit. The state Assembly passed Bill 12 in May and now sits in the state Senate, where the policy committee will…

Gold prices settled lower on Monday, after posting a gain last week, as traders awaited a Tuesday inflation report followed by the conclusion of the Federal Reserve’s June policy meeting on Wednesday. Price actionWhat’s happening With U.S. benchmark stock indexes up along with the dollar and Treasury yields, it would’ve…

Investing.com — Most Asian currencies kept to a tight range on Monday, while the dollar steadied at a two-month high as signs of sticky inflation and rising U.S. interest rates largely offset optimism over a U.S. debt ceiling deal. fell 0.1%, taking little support from a stronger daily midpoint fix…

Financial markets have long anticipated that the Federal Reserve would temporarily halt the raising of interest rates, as various measures of inflation are down by almost half of what they were a year ago. Unfortunately, however, our central bank remains in thrall to its wrong-headed notion that the only way…

The next generation AI revolution started with the launch of ChatGPT-3 in November 2022. Since then, venture capital activity has poured into the generative AI space and the tech giants have scrambled to respond. Alibaba has launched Tongyi Qianwen, Google GOOG has launched Bard, and Microsoft MSFT has launched Bing…

These FTSE 100 stocks have both dropped following fresh market statements released in Thursday trading. Here are the key takeaways from their updates. Bunzl Bunzl’s share price has fallen 2% to £30.44 after the firm released mixed trading details for the six months to June. The support services business said…

To buy or not to buy, that is the question many people are contemplating in the current real estate market and economic conditions. Regardless of the economic conditions, it’s important to pay even closer attention to your own personal finances to see if it’s a good time to buy now…

In May, inflation abated a bit and gasoline prices fell 19% — that should feel good at the household level. Inflation is mending and the general sentiment is that the Federal Reserve rate increases are on hold. What’s Your Inflation Language? How you refer to the current period of price…

The EU platform economy is estimated to generate a substantial €25.7 billion in VAT revenue annually. Given that the e-commerce sector contributes the majority of this revenue (€15.2 billion), it comes as no surprise that bolstering enforcement efforts and simplifying VAT regulations for this sector are central components of two…