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Oil Trading Giants Are Buying Big Oil's Refineries – OilPrice.com

The oil trading giant, which has amassed huge profits over the past two years, is rushing to buy refineries that are being sold by the largest international oil and gas producers as part of a strategic portfolio restructuring. “Traders see an opportunity to finally get a plant that can process a range of crudes,” said […]

The Foreign Holders of the Ballooning US Debt: They’re Buying, But Don’t Keep Up

Written by Wolf Richter China dumps Treasury securities, the Euro Area, Canada, and financial centers load up with immense appetite. The question that’s on everyone’s mind is how long foreign investors will continue to support the US Treasury debt that has now ballooned to $34.75 trillion and will nail $35 trillion over the next few […]

Guide to gold: Everything you need to know before buying a piece of gold jewelry

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Florida man seen buying face mask across street before attempting to rob bank

A Florida man was caught on video buying a mask at a gas station, then crossing the street and attempting to rob a bank, police said. According to the Martin County Sheriff’s Office, Colton VanHonhenstein, 33, attempted to rob a bank on Saturday, June 15, but failed, after purchasing a face mask to hide his […]

Buying a house just got more expensive for Americans

ResiClub co-founder and editor-in-chief Lance Lambert talks about the US housing affordability crisis on “Making Money.” The cost of buying a new home has reached a new record, despite mortgage rates falling to their lowest in three months, according to a new report. Investigation result Redfin In the four weeks ending June 9, the median […]