Category : Economy

Economy

Gold Prices Near Record Highs Amid Fed Rate Uncertainty

Rokith Kumar
Summary Gold prices remain near record levels, trading close to $4,400 an ounce, as investors balance expectations of a Federal Reserve rate move against persistent...
EconomyFinance

Mortgage Rates Near 7% Amid Global Bond Market Turmoil

Rokith Kumar
Summary US mortgage rates have climbed to their highest level in more than a year as a global bond market sell-off pushes borrowing costs higher...
EconomyFinance

US Adds 162K Jobs in August, Beating All Forecasts

Rokith Kumar
Summary  The US economy added a stronger-than-expected 162,000 jobs in August, nearly triple what economists had forecast, while unemployment held steady at 4.1 percent. The...
BusinessEconomy

Chevron’s $7B Venezuela Bet Reshapes Global Oil Market

Rokith Kumar
Summary  Chevron has announced a five-year, $7 billion investment plan to more than double its Venezuelan oil production, days after Washington unveiled a sweeping deal...