Traders are bidding up natural gas prices after an executive from Chesapeake Energy spacer reiterated that low prices may force the company to significantly cut gas production. Read More
Gas prices in all 50 states this week are back above $3 per gallon for the first time since December 15, when regular unleaded gasoline remained at this level for nearly 10 months. Read More
When you look at the surge in hiring for the auto industry in the U.S. one factor overlooked is the fact America has become a huge auto exporter. Read More
As part of Tuesday’s offering, it will sell only 1.8 million shares to the public – a small 1.4 percent of the company. A select group of co-investors will also be allowed to sell a block of roughly 11 million shares once the stock opens for trading. Read More
Wall Street’s dealers swept up their biggest share of new 3-year notes in three years, as investors refused to bid aggressively for the $32 billion issuance. Read More