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By Phil Flynn |
May 17, 2013
Against a backdrop of rising supply and a murky economic backdrop, RBOB gasoline rises up out of the ashes. Ok maybe not ashes but rising on refining and pipeline issues as we get ready to top off the tank for the upcoming kickoff to the summer driving season.
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By John Gittelsohn, Bloomberg |
May 6, 2013
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened.
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By Tony C. Dreibus and Jeff Wilson, Bloomberg |
April 23, 2013
The coldest start ever to the wheat-growing season in Kansas and freezing weather across the southern Great Plains are compounding damage to U.S. crops already hurt by the worst drought since the 1930s.
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By Andrew Harris, Bloomberg |
April 16, 2013
Former MF Global Inc. broker Evan Brent Dooley was sentenced to 5 years in prison for making unlawful unauthorized trades that caused the now-defunct futures firm to lose more than $141 million in 2008.
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By Brian K. Sullivan, Bloomberg |
March 21, 2013
Drought may persist from California to Texas while improving slightly in the Great Plains as temperatures soar above normal across most of the U.S. from April through June, the Climate Prediction Center said.
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By Luzi Ann Javier, Bloomberg |
March 19, 2013
Farmers from Australia to Europe to the U.S. are poised to reap the second-largest wheat crop on record as fields recover from drought and heat waves, boosting global stockpiles for the first time in four years.
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By Phil Flynn |
March 15, 2013
Natural gas surged to a 15-month high inspired by a bullish supply report from the EIA. While many attribute the surge in demand to all of the cold weather, just below the surface something much more significant is going on.
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By Jeanna Smialek and Jeff Kearns, Bloomberg |
March 8, 2013
Federal Reserve Bank of St. Louis President James Bullard said the central bank probably will press on with its asset purchases as contained inflation expectations give it time to continue the quantitative easing.
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By Steve Matthews and Joshua Zumbrun, Bloomberg |
February 21, 2013
Federal Reserve Bank of St. Louis President James Bullard said U.S. unemployment may drop to 6.5% by the middle of next year and prompt the central bank to raise its benchmark interest rate from near zero.
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By Jeff Wilson, Bloomberg |
February 21, 2013
From South Dakota to Ohio, farmers are preparing to plant the most corn in almost eight decades after drought ruined record U.S. harvests predicted by the government.
