Why are gasoline prices rising faster than oil prices? Blame it on the ‘crack.’
The spread between the cost of barrels of gasoline and crude oil — known as the “crack spread” — has widened sharply.
The spread between the cost of barrels of gasoline and crude oil — known as the “crack spread” — has widened sharply.
Mumbai: The Indian rupee ended at a six-week high of 94.46 Wednesday, 46 paise stronger than its previous close. Foreign portfolio inflows related to Jio Platforms’ IPO helped the currency extend its recovery, traders said. The rupee has gained 230 paise since the central bank announced measures to support the local currency on October 10….
Reaza Ali (pictured top), national business development manager at Heartwood Financial Group, emphasized in a recent interview with Canadian Mortgage Professional that focusing too strongly on the national figures might not be the right approach for mortgage professionals in regional markets. “There are segments in the Canadian lending landscape and the Canadian real estate market…
World Finance Published: Saturday, September 26, 2026, 20:30 [IST] China and the United States agreed a reciprocal tariff arrangement for non-sensitive goods. The deal covered $30 billion of goods each way. The two countries also decided to start a new bilateral dialogue on artificial intelligence. The steps followed Chinese President Xi Jinping’s three-day state visit…
Legal & General (L&G) has reported an increase in lifetime and retirement interest-only (RIO) mortgage lending during the first half of 2026 – advances rose to £128m, up from £104m in the same period a year earlier. This represented a growth of approximately 23% year-on-year. The insurer said lending volumes benefitted from pricing changes…
by Calculated Risk on 1/10/2026 08:11:00 AM The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released. For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released. —– Monday,…
A contentious battle between millionaire homeowners and their even richer billionaire neighbors involving an oversized mansion and allegedly disobedient dogs may finally be over. After nearly two years of bitter litigation, a Summit County judge dismissed two lawsuits related to a proposed construction project by Matthew Prince, the billionaire founder and CEO of cybersecurity firm…