Tag: mining

Energy leads commodities surge with oil up roughly 50% in first half of 2022

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Commodities have performed well so far this year, buoyed by strength in oil on the back of tight supplies, but worries that the economy is headed for a recession has fed losses among the industrial metals. In Thursday dealings, the S&P Goldman Sachs Commodity index XX: SPGSCI trades more than 30% higher so far this…

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Investment

3 crucial financial moves to make after the Fed’s 75 basis point hike

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In a matter of months, it’s becoming more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough medicine that central bankers hope will break the fever of hot inflation – and no one expects the doses to…

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Investment