The move reflected renewed efforts by the two major exporters to bolster the price of crude.
Category: Prices (Fares, Fees and Rates)
-
A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
-
Why Charter and Disney Are Fighting, and What It Means for Viewers
Millions of subscribers to Charter’s Spectrum service cannot watch the U.S. Open or college football games this weekend, and the dispute has far-reaching implications for the industry.
-
One of the Biggest Cable Companies Says Cable TV Isn’t Working
The company told investors Friday that its fraught negotiation with the Walt Disney Company was a sign of a larger problem with the traditional cable-TV business model.
-
The Fed’s Preferred Inflation Gauge Ticked Up in July
Overall inflation climbed to 3.3 percent, from 3 percent previously, underscoring the Fed’s long road back to 2 percent price increases.
-
Eurozone Inflation Holds Steady at 5.3 Percent
Prices rose at an annual rate of 5.3 percent, defying expectations of a slowdown. The news may bolster the case for another European Central Bank interest rate increase.
-
Will Inflation Keep Slowing? The Key Areas to Watch
Will inflation continue to slow at a solid pace? Economists are warily watching a few key areas, like housing and cars.
-
Eliquis and Jardiance Among First Drugs Picked for Medicare Price Negotiations
The Biden administration’s announcement was an important moment for Democrats, who have campaigned on a promise to lower the cost of prescription drugs.
-
Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over
Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the central bank’s most closely watched conference.
-
At 30%, Solar Panel Tax Credits Are at a High Point for Now
For about the next decade, homeowners can take advantage of the U.S. tax code to save on installation and reduce their electric bills.
-
Can Affluence and Affordable Housing Coexist in Colorado’s Rockies?
The outdoorsy lifestyle of Colorado mountain towns has become a magnet for the new remote-worker class, upending life for those already rooted there.
-
Fed Officials Avoided a Victory Lap at July Meeting
Federal Reserve officials raised interest rates at their July 26 meeting, but investors doubt that they will lift them again this year.