prices

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U.S. crude oil rises to catch-up with Brent’s Tuesday gains Saudi Arabia, Russia announced fresh supply cuts on Monday Focus shifts to U.S. holiday demand, inventories data API inventories data due Wednesday, EIA figures . . .

LONDON, July 4 (Reuters) – U.S. manufacturers reported another widespread decline in business activity during June, which continued to weigh down industrial energy consumption and prices. The Institute for Supply Management’s (ISM) composite manufacturing index slipped to 46.0 (11th percentile for all months since 1980) in June from 46.9 (14th percentile) in May and 53.0 […]

AI in brief Nvidia’s second-generation A100 GPUs, currently the subject of export controls that mean they’re not for sale in China, can fetch up to $20,000 in black markets – double the regular price. Last year, the Department of Commerce blocked top US hardware companies, including Nvidia and AMD, from selling their most advanced chips […]

The Federal Communications Commission (FCC) has proposed new rules to crack down on hidden fees charged by cable and satellite video providers. “My administration’s top priority is lowering the cost of living for the middle class, and that includes cracking down on companies’ use of junk fees to hide true costs from families, who end […]

[1/2] People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly Producer price index falls 0.3% in May PPI increases 1.1% year-on-year, smallest gain since 2020

Hanna Hensley, 29, an assistant high school teacher in Arlington, Va., is glad to see some food prices come down recently, because it has helped ease her grocery bill. When egg prices shot up to around $5 a carton a few months ago, she stopped buying them. But on Sunday, while shopping at a Giant […]

Consumer prices climb 0.1% in May; up 4.0% year-on-year Core CPI rises 0.4%; up 5.3% year-on-year WASHINGTON, June 13 (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was the smallest in more . . .

June 13 (Reuters) – Oil prices traded up on Tuesday on bargain hunting, recovering some ground from the previous day’s plunge, but gains were limited as investors remained cautious ahead of key policy decisions by the U.S. Federal Reserve and other central banks. Brent crude futures climbed 77 cents, or 1.1%, to $72.61 a barrel […]

June 9 (Reuters) – Apple (AAPL.O) and Amazon.com (AMZN.O) must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones and . . .

White House rebuts reports of Iran oil deal Fed expected to keep interest rates on hold in June U.S. crude stocks fall, gasoline inventories rise June 8 (Reuters) – Oil prices settled . . .


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