Cold weather forecasts for January spark a 24% surge in natural gas futures
The price of natural gas is up 176% since its 2024 intra-day low reached in mid-February and up about 90% since its early August lows.
Bond market sentiment 'could scarcely be worse' heading into 2025, research firm says
"It's not just the Fed, but Donald Trump's trade and fiscal posture have also scared investors away from extending duration," David Rosenberg wrote.
Boeing stock drops after South Korea plan crash
Boeing shares were down as much as 6% Monday morning. Authorities in Korea believe a bird strike could have been a factor in the fatal crash.
Pennsylvania governor complains to regulator about PJM's power market rules
Pennsylvania Governor Josh Shapiro filed a complaint with a federal energy regulator against PJM Interconnection on Monday, arguing that the largest U.S. power grid operator must change its market rules or risk soaring electricity costs. PJM Interconnection, which runs the electrical grid covering more than 65 million Americans across parts of 13 states from Illinois to New Jersey, has faced increased public scrutiny since July, when it said its annual capacity auction would result in record-high payments to power plants in its system. "It is difficult to escape the conclusion that PJM's capacity market is currently failing," Shapiro, a Democrat, and the Commonwealth of Pennsylvania said in the complaint filed with the Federal Energy Regulatory Commission.
Americans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy
The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% from the same period a year ago.
Stock market today: Dow drops 305 points as US stocks stumble into the new year
According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market flashed a technical "sell" signal.
Stock market today: S&P 500, Nasdaq, Dow slide as strong year nears its close
Stocks moved lower on Monday morning as the market slumped to end 2024.
Bullish Oil Bets at Four-Month High as Investors Eye 2025 Risks
(Bloomberg) -- Bullish oil bets reached a four-month high in the penultimate week of 2024 as investors position for a new year that will see Donald Trump’s return to the White House.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMigrant Crisis Pushed US Homelessness to Record High in 2024Money managers boosted net-long positions on West Texas Intermediate by 21,694 lots to 182,895 lots during the week ended Dec.
Bitcoin hovers near $94,000 as the New Year approaches, distant from its $108,000 peak
The world's leading cryptocurrency is expected to have a breakout year in 2025, following the halving event and the incoming Trump administration.
Boeing stock falls following crash of Jeju Air 737-800 jet
Boeing stock dropped 2% in midday trade on Monday as investigators looked into the crash of a South Korean Boeing jet.
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