Aluminum jumped to the highest since 2008 as a deepening power crisis squeezes supplies of the energy-intensive metal that’s used in everything from beer cans to iPhones. Industry insiders like to...
The Federal Reserve’s preferred inflation gauge accelerated in August, keeping the pressure on economic policymakers who are watching warily as supply chain issues and commodity costs threaten to...
China's central bank said that all transactions related to cryptocurrency are illegal and should be banned, considering that it "is not a currency and cannot be traded in the market." He stressed...
In a globalized world, the energy crisis at the European level is difficult to contain, especially in the context of damaged supply chains and a rush to cut investment in fossil fuels. In a report...
Oil prices rose over $2 a barrel on Wednesday after government data showed a larger-than-expected drawdown in U.S. crude inventories, and on expectations demand will rise as vaccination roll-outs...
Aluminum prices are witnessing a rise in the market in light of the unrest in Guinea, which leads the world in exports of bauxite used in the aluminum industry, as traders fear supply disruptions....
The first cryptocurrency ATM opened in Honduras this week, as bitcoin backers called for spurring demand for virtual assets after neighboring El Salvador became the first country to deem bitcoin...
The U.S. intends to sell the largest amount of strategic oil reserves since 2014, at a time when expectations for demand for fuel are declining with the return of the number of people infected with...
The price of the cryptocurrency Bitcoin rose to $50,000 for the first time since May 15, according to trading data. And the bitcoin currency grew during the trading session today, Monday, by 2.27%,...
A bid to pass a major infrastructure bill worth nearly $1 trillion has stalled in the US Senate after a fierce debate erupted over how to tax cryptocurrency. It was hoped the bill - a rare bipartisan...
The Energy Information Administration of the US Department of Energy expected oil prices to remain at the level of $72 a barrel until next November, according to the administration's monthly report....
Member nations approved the biggest resource injection in the International Monetary Fund’s history, with $650 billion meant to help countries deal with mounting debt and the fallout from the...
On Friday, gold is set to achieve its best weekly performance in more than two months due to renewed indications that the US Federal Reserve may be reluctant to reduce economic support in the short...
Sources told "Bloomberg" that the White House is working on preparing a digital trade agreement that includes the economies of India and the Pacific, as the US administration seeks to confront China...
The British pound rose on Monday as British Prime Minister Boris Johnson announced plans to fully reopen the economy later this month, despite a jump in COVID-19 infections. After falling to its...
A U.S. judge on Monday dismissed federal and state antitrust complaints against Facebook Inc that sought to force the social media company to sell Instagram and WhatsApp, saying the federal...
Washington - Press reports indicated that the American companies "Pfizer" and "Moderna" could reap more than $50 billion in financial revenues as a result of sales of the Corona vaccine this year....
It seems that politicians and economists have not learned many lessons from the bursting of the US real estate and credit bubble in 2008, which explains the persistence of quantitative easing that...
The global economy witnessed the fastest rise in inflation since 2008, with trillions of dollars spent in the form of stimulus packages from governments and central banks, in the face of the...
Oil prices rose on Wednesday, while the price of Brent crude rose for the fifth consecutive session, as sentiment improved on the back of falling inventories and a recovery in demand after the...
