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By Tony C. Dreibus, Bloomberg |
April 15, 2013
Hedge funds and other speculators added to bullish gold bets as the metal slumped into a bear market and Goldman Sachs Group Inc. warned the retreat is accelerating after the longest rally in nine decades.
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By Chris Burritt, Bloomberg |
April 11, 2013
Apple Inc., Analog Devices Inc. and Garmin Ltd. are among the U.S. companies with the most firepower to extend the biggest surge in stock buybacks since the 1980s.
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By Shobhana Chandra and Lorraine Woellert, Bloomberg |
April 11, 2013
Applications for unemployment benefits in the U.S. plunged more than forecast last week unwinding a surge caused by the Easter holiday and spring break at schools.
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By Phil Flynn |
April 8, 2013
Natural gas broke out above $4.00 in decisive fashion as the trade seemed to embrace the fact that Goldman Sachs has upped their natural gas forecast and catching up with the bottom that I called in January.
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By Asjylyn Loder, Bloomberg |
April 2, 2013
China is on course to overtake the U.S. as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said today.
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By Shobhana Chandra, Bloomberg |
April 2, 2013
Orders placed with U.S. factories increased in February, boosted by a pickup in demand for motor vehicles and commercial aircraft.
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By Phil Flynn |
April 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
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By Elizabeth Campbell, Bloomberg |
April 1, 2013
Investors are boosting wagers on higher commodity prices at the fastest pace in almost four years, rebounding from the least bullish position since 2009, on signs that the U.S. is accelerating and Europe’s debt crisis is easing.
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By Richard Rubin |
March 31, 2013
President Barack Obama’s nominee for energy secretary reveals industry ties, as well as estimated net worth, in financial disclosure forms.
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By Sarah Pringle and Whitney Kisling, Bloomberg |
March 28, 2013
The Standard & Poor’s 500 Index rose above its record closing level, wiping out losses from the financial crisis, as economic growth slowed less than previously estimated and concern about Europe’s debt crisis eased.
