Brent crude soared to $87.92 a barrel, marking an increase of almost 4%, whereas U.S. West Texas Intermediate crude experienced a rise of 4.16%, reaching $86.23 a barrel.
The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.
The European Union announced on Dec. 18 a provisional agreement that reforms the bloc’s carbon market, successfully expanding a crucial component of the region’s broader green agenda.
Analyst Martin Armstrong has warned that there may not be an election in 2024 and that “the United States will not exist after 2032” due to massive societal upheaval and financial collapse.
The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...
American families will pay far more to heat their homes this winter, according to the Energy Information Administration (EIA), which predicts that some people will see bills as much as 28 percent higher compared to last winter, with the grim outlook coming as households expect inflation to rise and the economy to get worse.
Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...
