U.S. Oil Majors Report Record Profits Amid Rising Pump Prices for Consumers
Key Takeaways U.S. oil companies reported record profits in Q3 2023, driven by rising oil prices and supply constraints due to global conflicts. The national average gas price reached $4.20
Don't miss
Editor’s Choice
Federal Reserve’s Kevin Warsh Signals Progress in Monetary Policy Adjustments
Key Takeaways
Federal Reserve Chairman Kevin Warsh indicates ongoing adjustments in monetary policy.
The Federal Open Market Committee has decided to leave interest rates unchanged.
There are currently no definitive…
The Reluctance of Generalist Investors Towards Gold Stocks
Key Takeaways
Gold is trading near all-time highs, indicating strong market conditions.
Gold producers have the strongest balance sheets in a generation, reflecting financial stability.
Generalist investors show reluctance towards…
G Mining Ventures Unveils Promising Gold Find in Brazil
Key Takeaways
G Mining Ventures has made a new near-surface gold discovery at the Gurupi project in Brazil.
Strong drill results were reported from the Tocantinzinho property.
The discovery could…
Microsoft Halts $3.3 Billion Data Center Project
The company indicated that the pause could extend for several months as it reviews the project’s scope and considers recent technological advancements.
In an unexpected move, Microsoft has temporarily halted…
U.S. Oil Majors Report Record Profits Amid Rising Pump Prices for Consumers
Key Takeaways
U.S. oil companies reported record profits in Q3 2023, driven by rising oil prices and supply constraints due to global conflicts.
The national average gas price reached $4.20…
S&P 500 Declines as Robust Payroll Data Suggests Extended Fed Pause
The S&P 500 dropped 1.6% on Friday after a stronger-than-expected December jobs report stoked fears of an extended Federal Reserve pause on rate cuts, pushing Treasury yields higher. The Dow…