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Oil companies are making massive profits and stockpiling cash, and holding off on changing their investment plans.
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China’s yuan is facing stronger appreciation pressure after coordinated US-Japan action lifted the yen and rippled through Asian currency markets, complicating Beijing’s efforts to support an economy…
Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war US consumer prices cooled slightly in July as the annualized inflation…
Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war US consumer prices cooled slightly in July as the annualized inflation…
The average borrowing cost of emerging-market companies has fallen to the lowest level since January relative to US corporates as global bond investors’ diversification into higher-yielding assets…
A small US commercial real estate fund run by Deutsche Finance Group, the asset manager tied to many of the soured deals at German pension fund BVK, plans to file for insolvency after its investment…
Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors.