Gold prices zoomed to a record for the first time in nine years Monday, as a weakening dollar injected new momentum into a rally driven by uncertainty about the world economy. Futures contracts for delivering gold in August shot up 2% to $1,936.30 a troy …
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NEW YORK (Bloomberg) –Rosehill Resources Inc. filed for bankruptcy protection after a plunge in oil prices forced the Permian shale explorer to seek a restructuring of its debt. The company filed for Chapter 11 in U.S. Bankruptcy Court in South Texas.
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One of the country’s largest egg producers illegally inflated prices when the pandemic hit New York, taking in $4 million as it charged up to four times more per carton, state Attorney General Letitia James charged in a lawsuit Tuesday. James claims that in …
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Federal Reserve officials said a recent slowdown in U.S. economic activity was likely to persist because of difficulties states have encountered in suppressing the coronavirus pandemic, which could require more government spending to support the economy.
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A Bloomberg story on contrasting earnings from Exxon, Shell and Total. A Bloomberg Opinion article on “BP Submits to Brutal Reality on the Oil Price,”
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