Oil prices were climbing on Friday after China eased some COVID-19 restrictions, with support for the commodity also stemming from relief surrounding U.S. inflation data that weighed on the dollar. Read more
Tag: prices
Daimler Truck sees higher revenue, boosted by strong sales, price increases
Daimler Truck Holding AG on Friday said revenue increased in the third quarter, boosted by strong vehicle sales and higher prices. The German commercial-vehicles maker DTG, +2.52% said revenue rose Read more
Oil prices mark first gain in 4 sessions as a modest slowdown in U.S. inflation helps weaken the dollar
Oil futures ended higher on Thursday for the first time in four sessions, as U.S. data revealed signs of easing inflation, prompting a pullback in the dollar and raising the Read more
Bitcoin prices score reprieve as Sam Bankman-Fried’s FTX faced stunning unraveling
After a surprise announcement that Changpeng Zhao, the chief executive of Binance, had signed a non-binding letter of intent to buy FTX on Tuesday, the firm eventually walked away from Read more
‘Era of cheap’ copper prices may be coming to an end
Risks to global demand contributed to a decline in copper prices this year, but the value of the industrial metal may have fallen too far, as supplies look to remain Read more
The rise in food prices slowed in October, but some items increased by up to 43%. So what’s going on?
The months-long rise in food prices has finally shown signs of cooling. Inflation hit 7.7% in October compared to a year ago, down from 8.2% in September, the government said Read more
Six Flags stock dives after earnings miss, as rising ticket prices hurt attendance
Shares of Six Flags Entertainment Corp. SIX, -3.92% dove 4.7% in premarket trading Thursday, after the theme park operator reported third-quarter profit and revenue that missed expectations, as rising ticket Read more
U.K. housing market stalling as buying demand records largest drop in over 20 years
Demand for U.K. houses is falling at its fastest paces since the pandemic began in early 2020 as “buyer caution” from soaring mortgage rates further weakens the property market, according Read more
How good are Black Friday sales this year? Here’s what to buy, and what to skip.
Lots of people do, according to Brian Field, global leader of retail consulting and analytics for Sensormatic Solutions. The retail insights company predicts Black Friday (Nov. 25 this year) will Read more
Oil prices on track to fall for third session as traders await U.S. inventory report
Oil futures sold off again on Wednesday, on track for a third day in the red, as fears about waning demand in China continued to weigh on prices. Price action Read more