DataTrek is warning that the trigger for a recession could be a sustained high price for crude. DataTrek researchers stated in a new note, “We still believe $140/barrel is the…

According to Goldman Sachs commodity analyst Jeff Currie, consumers hoping for some reprieve from high energy prices will not be getting it any time soon. The analyst just updated Goldman’s…

European shipping companies have doubled the shipments of Russian oil they have contracted to move around the world since the start of the Ukraine war, despite the West’s efforts to…

The World Bank issued warning that many countries are going to enter recession, as it cut its global growth projection for the year to 2.9%, from the previous prediction of…

Target issued a warning to investors on Tuesday, saying its profits are going to take a short-term loss as it adjusts its inventory and supply chain, getting rid of unwanted…

American steelmakers are looking aghast as the long-standing protections afforded them by US trade policy are being threatened by the solar industry. It began with a probe, examining if Chinese…

On Monday a federal judge signed a warrant authorizing the Department of Justice to seize two Jets worth $400 million from Russian Oligarch Roman Abramovich. Meanwhile the Commerce Department’s Bureau…

The yen continued to fall against the dollar Tuesday. It extended a twenty-year low that stretches back to April of 2002, as the gap widened between yields in Japan and…

Kohls has entered into exclusive negotiations with retail holding company Franchise Group, which is looking to purchase the retailer at a price of $60 per share, valuing the retailer at…

Texas Attorney General Ken Paxton says his office will open an investigation into the number of fake accounts on the platform. His office issued a statement which said, “Attorney General…