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WTI Price Analysis: Oil prices rise after NFP data – FXStreet

As US labor market data fuels, WTI crude oil surges as it demands optimism. Non-farm salaries miss out on expectations, but wage growth continues to be strong. Workforce participation rates are higher, supporting energy demand outlook. West Texas intermediate (WTI) crude oil prices have been around $70.80 since rising Friday. Non-farm payroll (NFP) data revealed […]

Bidenflation’s Last Gasp? December Data Shows A Jump In PCE Inflation

The inflation pace picked up in the last month of Joe Biden's president's position has ended the worst burst of consumer prices that rises in 40 years. The personal consumption expenditure price index increased by 0.3 % in December, accelerating from the 0.1 % increase in November. During 2024, the index, which is a measure […]

Blackstone reaffirms big bet on AI data centers despite DeepSeek threat

Blackstone stated on Thursday that large -scale investment in data centers was not impaired by low -cost artificial intelligence models from Deep Seek in China because the need for physical infrastructure was still indispensable for AI. An alternative asset manager with a leasing data center equivalent to $ 80 billion is based on this segment […]

New data shows dip in major crimes in NYC

Big Apple reduced large -scale crimes by 2 % in the first few months of the fiscal year. In addition, the early peeping of Eric Adams' annual report has been revealed. The Adams administration has decreased by 7 % of transportation crimes, reduced by 9 % of automobiles, 3 % less large -scale theft, 4.8 […]

Oil, Natural Gas, USD/CAD Analysis As Inventory Data Fuels Bearish Sentiment – FX Empire

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