US crude

US Crude Prices Climb Above $81, Rally Shows No Signs of Abating

Tuesday saw a more than 1% increase in US crude oil prices to above $81 a barrel, capping two solid days of gains as this week's surge continued.

US Crude Reaches $80, Highest Level Since November

For the first time in over four months, US crude oil futures approached $80 a barrel as indications of a tighter market before an OPEC+ decision on production cuts.

Latest Stories

Synapse Fintech Scandal Sparks Trust Crisis, Jeopardizing Digital Banking Revolution

The collapse of Synapse, a fintech middleman, has frozen millions in customer accounts and shaken trust in digital banking. Consumers are unsure about FDIC insurance coverage and the safety of these platforms. The future of digital banking is uncertain as regulators may increase scrutiny and consumers become wary.

Car Dealerships Face Hidden Costs and Long-Term Struggles After CDK Cyberattack

Weeks after a cyberattack on a key software provider, small car dealerships are still struggling. The attack disrupted sales, service, and customer management systems, leading to lost sales, delays, and potential data breaches. The road to recovery will be long, with dealerships needing to invest in cybersecurity and regain customer trust.

Lowest July 4th Gas Prices Since 2021 Bring Economic Relief to American Households

Celebrate lower gas prices this July 4th! The national average is expected to be $3.49 per gallon, the lowest in 3 years. This offers relief for drivers planning road trips and can help offset inflation.

Rising Robusta Coffee Prices Boost Economies of Exporting Nations, Present Long-Term Challenges

The 70% surge in Robusta coffee prices is boosting economies of exporting nations like Tanzania, while posing long-term challenges such as market volatility, environmental concerns, and infrastructure needs.

Cultural and Economic Dynamics Drive 'Revenge Saving' Among China's Gen Z

China's Generation Z is pioneering 'revenge saving,' by reshaping financial habits amid economic uncertainty. What are the societal impact and economic motivations driving this emerging trend?

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Investor Confidence Wavers as Chicken Soup for the Soul Entertainment Faces Financial Struggles

Chicken Soup for the Soul Entertainment's bankruptcy filing amid mounting debts and investor uncertainty highlights challenges in the media industry.

Consumer Trust in Spotlight as Patelco Credit Union Grapples with Security Incident

Patelco Credit Union's recent security breach has disrupted banking services for half a million members, exposing cybersecurity vulnerabilities in financial institutions. What are its implications for consumer protections, regulatory responses, and strategies to maintain trust amid ongoing operational challenges?

Emerging Markets Brace for Impact as Supreme Court Ruling Bolsters U.S. Dollar

The U.S. dollar surged following a Supreme Court ruling, prompting emerging markets to brace for economic repercussions. As traders anticipate Trump's potential return, this article explores the implications for global currencies, economic policies, and financial stability in emerging markets.

Social Security Tax Torpedo Explained: Strategies to Minimize Withholding

Some of retirees' Social Security benefits can become taxable income, potentially pushing them into higher tax brackets (50% to 85% taxed).. Learn how to minimize Social Security taxes in retirement with strategic planning.

Duty-Free Deals Shopping: Is It Savings or Spending Trap?

The ins and outs of duty-free shopping: from potential savings on fragrances and alcohol to considerations for electronics and jewelry.

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