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The U.S. Gulf of Mexico accounts for around 15 percent of total domestic oil production and 2 percent of natural gas production
Mortgage rates drop to 4.75 percent to 5.00 percent range as housing affordability improves
The report stated that the new administration will face a worsening fiscal landscape as debt affordability declines
Despite sharp decline in index, more households expressed intentions to purchase homes in the next six months
Prices rose at the fastest rate in six months due to input cost growth accelerating to a one-year high
Musk has often revised Starship timelines, claiming uncrewed Mars landings in five years and human landings in sevenÂ
Fund to invest in innovative companies in battery component and subcomponent manufacturing and materials recycling
The two entities pledged to identify innovative projects in space life sciences and deep space antennas
This deficit reached 3.7 percent of GDP, the highest since Q2 2022, up from 3.4 percent in Q1
Initial claims fell by 12,000 to 219,000 for the week ending September 14Â
Funding to mobilize up to $100 billion in total investment potential when including debt financing
The Bank will reallocate $1 billion, totaling $3 billion in loans and grants for the fiscal year ending June 2025
Online store sales rebounded 1.4 percent after falling 0.4 percent in July
In 2023, the company successfully delivered the first multi-chip package prototypes under the SHIP program
Index of consumer sentiment rose 1.1 points to 69.0 in September, from 67.9 in August
Household debt rose 3.2 percent annually, the fastest pace since the third quarter of 2022
This tax applies to companies with average adjusted income of $1 billion or moreÂ
IMF projects core U.S. PCE inflation to end 2024 at 2.5 percent, returning to the Fed's 2 percent target by mid-2025Â
Initial claims for state unemployment benefits rose 2,000 to a seasonally adjusted 230,000 for the week ending on September 7
CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent
Traders are currently closely watching the labor market following four straight monthly increases in unemployment, which sparked fears of a recession
Nokia’s Lightspan platform will give AT&T the choice and flexibility to optimize its network to its specific business case and needs
Housing services contributed 2.2 percentage points to a core CPI reading of 3.2 percent on a 12-month basis
Imports rose by 6 percent year-on-year to $54 billion, resulting in a trade surplus of $3.83 billion
