BUSINESS

Oil Prices Moderately Down
Submitted by News Desk on

Oil prices dipped to $72.04 per barrel for Brent crude and West Texas Intermediate sank to $68.73 a barrel.  This drop comes after Saudi…
Read More

Oil Prices Drop To Lowest Level Since May With Fears of Lower Demand Amid Increased Covid-19 Cases
Submitted by News Desk on

Oil and gas prices are trending downwards for a sixth straight day reaching levels not seen since May.  A couple thing happened to cause…
Read More

New Mortgages Begin To Slow As Interest Rates Climb
Submitted by News Desk on

Applications to refinance a home fell 5% las week and new mortgages for home buying are down 2% compared to last week and 19% slower…
Read More

Target Beats Growth Expectations Again
Submitted by News Desk on

Minnesota based retail giant Target has beat analyst expectations  with second quarter growth up 8.5%, continuing to climb even after…
Read More

Economic Update Amid Covid-19’s Delta Variant
Submitted by News Desk on

Stocks are trading lower, giving up second quarter gains as the delta variant of Covid-19 spreads.  Consume spending confidence has…
Read More

Stocks Are Down Worldwide As New Fears Rise Over Covid-19 Spreading Again, New Delta Variant
Submitted by News Desk on

Stocks fell Monday in nearly every single stock exchange around the world as businesses and investors fear a pull back from consumers…
Read More

Amazon Sued By CPSC To Force A Recall Of Hundreds Of Thousands Of Products
Submitted by News Desk on

The Consumer Product Safety Commission (CPSC), a federal agency of the U.S. government, filed a lawsuit against online retail giant…
Read More

New Unemployment Claims Rise To 373,000
Submitted by News Desk on

The U.S. Department of Labor’s unemployment data last week shows new unemployment insurance claims rose to 373,000 and new job growth…
Read More

Shell Plans To Sell Its Stake In Aera Joint Venture In California
Submitted by News Desk on

Shell has reportedly told ExxonMobil that it is planning to sell its 52% stake in the joint venture both oil majors are part of, Aera…
Read More

Oil Rises To 6 Year High After OPEC+ Fail To Reach Production Deal
Submitted by News Desk on

Oil prices continue to rise, with West Texas Intermediate (WTI) up 57% in 2021, now at $76.38 a barrel.  This is the highest WTI has…
Read More