China is hiring more tankers to ship a key crude oil from eastern Russia at bargain prices. Unipec, also known as China International United Petroleum & Chemical Co., has hired…

The Personal Consumption Expenditures Price Index, a measure of inflation the Fed puts considerable weight upon,, declined for the first time since November 2020, from a 40 year high of…

According to a report in Bloomberg, the Biden administration has begun reaching out to major players in the oil industry, seeking to see if it can coerce them to reopen…

Ark Investment Management bought 245,286 shares of graphics-chip specialist Nvidia (NVDA), as well as 84,795 shares of CareDX (CDNA), an organ transplant services firm, valued at $2 million. CareDX was…

There is an article at Marketwatch here, which lays out how the Taxpayer Relief Act of 1997 altered how capital gains taxes (taxes on the appreciation of a home, ie,…

Former Twitter CEO Jack Dorsey stepped down from Twitter’s board of directors on Wednesday. Dorsey had already begun to distance himself from twitter, leaving Twitter’s Chief Executive role late last…

As oil sails above $100 per barrel off supply issues, inflation, and the Ukraine conflict, US Shale producers are not raising their outputs. Despite having been an unstoppable producer for…

Mortgage rates dropped by the most in more than two years last week. 30 year mortgage rates dropped to 5.1% from 5.25%, according to Freddie Mac in a statement Thursday.…

For months, Fed Chief Jerome Powell has assured everyone that policy makers were in full control, and there was no recession on the horizon. In mid march the Fed struck…

Twitter investors have filed suit against Elon Musk for allegedly manipulating stock prices before launching his $44 billion dollar takeover bid. The suit claims Musk saved money by not disclosing…