TipsForTraders

Oil prices take a small loss in seesaw session

reuters | December 15, 2023

By Erwin Seba HOUSTON (Reuters) – Brent and U.S. crude futures finished at a small loss following a see-saw session, in which prices fell more than $1 a barrel at one point on Friday, as traders tried to reconcile mixed signals for oil demand in the coming year. Brent futures settled down 6 cents, or […]

Biden administration to impose inflation penalties on dozens of drugs

reuters | December 14, 2023

By Andrea Shalal BETHESDA, Md. (Reuters) -The Biden administration said on Thursday it had identified 48 drugs in the Medicare program whose prices rose quicker than inflation during the fourth quarter of the year and may require their makers to pay rebates. President Joe Biden’s signature Inflation Reduction Act (IRA) includes a provision to penalize […]

Tesla recalls nearly all vehicles on US roads over lack of Autopilot safeguards

reuters | December 14, 2023

By David Shepardson WASHINGTON (Reuters) -Tesla is recalling over 2 million vehicles in the U.S. to install new safeguards in its Autopilot advanced driver-assistance system, after a federal safety regulator cited safety concerns. The largest-ever Tesla recall appears to cover nearly all vehicles on U.S. roads to better ensure drivers pay attention when using the […]

How cybercriminals are using Wyoming shell companies for global hacks

reuters | December 13, 2023

By Raphael Satter WASHINGTON (Reuters) – Somali reporter Abdalle Ahmed Mumin was doubly distressed when he heard that a colleague had been abducted by masked gunmen at the University of Mogadishu on the morning of Aug. 17. A fellow journalist was missing and Mumin – the chairman of the Somali Journalists Syndicate – had little […]

Tesla Cybertruck’s stiff structure, sharp design raise safety concerns -experts

reuters | December 8, 2023

By Akash Sriram and Hyunjoo Jin (Reuters) -The angular design of Tesla’s Cybertruck has safety experts concerned the electric pickup truck’s stiff stainless-steel exoskeleton could hurt pedestrians and cyclists and damage other vehicles on roads. Reuters spoke to six safety professors and officials who viewed videos of crash tests conducted by Tesla on its first […]

Oil drops to 6-month low on weak economic outlook, high U.S. supply

reuters | December 7, 2023

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell on Thursday to six-month lows, as investors worried about sluggish energy demand in the United States and China while output from the U.S. remains near record highs. Brent crude futures dropped 25 cents to $74.05 a barrel. U.S. West Texas Intermediate crude futures fell 4 cents […]

What are the EU’s landmark AI rules?

reuters | December 7, 2023

By Martin Coulter LONDON (Reuters) -Negotiations around the European Union’s first-of-a-kind rules governing artificial intelligence (AI) looked set for a dramatic climax on Wednesday, as lawmakers enter what some hope will be the final round of discussions on the landmark legislation. What is decided could become the blueprint for other governments as countries seek to […]

Global wind power outlook takes hit from US weakness, China slowdown -WoodMac

reuters | December 6, 2023

(Reuters) – The global wind power sector will add less capacity in the next decade than previously expected due to financial trouble in the U.S. offshore wind industry and sluggish approval and project execution in China, consultancy Wood Mackenzie said on Tuesday. Orsted, the world’s largest offshore windfarm developer, energy giants BP and Norway’s Equinor […]

Crypto stocks surge as bitcoin hits fresh 2023 high

reuters | December 4, 2023

(Reuters) -Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Shares of companies whose fortunes are tied to the cryptocurrency have rallied in recent weeks, spurred by optimism about potential interest rate cuts in the U.S. […]

Investors flock to US natural gas ETF despite price slump

reuters | December 1, 2023

By Suzanne McGee (Reuters) – Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the commodity’s dismal performance in 2023. The U.S. Natural Gas Fund’s (UNG) price, tied to the performance of futures contracts on the commodity, has plunged 60.7% so far this year, falling […]

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