Commodities

Retail sales slump in July. Cheaper gas and Amazon-Prime hangover are the chief culprits.

U.S. retail sales fell in July for the first time in 14 months. This decline is not a sign of economic trouble. Americans simply...

Current price of oil as of August 14, 2026

Oil was priced at $89.53 per barrel at 6:30 a.m. Eastern Time on August 14, 2026, representing a loss of 75 cents from the...

Batten down the hatches and allocate defensively because global liquidity has peaked, argues veteran strategist

Global liquidity has peaked and is now declining, according to Mike Howell, founder and managing director of CrossBorder Capital. This expert anticipates an era...

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

Texas-based Greenland Energy, listed on the Nasdaq, has seen its pilot drilling project in Greenland pushed back to the end of 2027, an 18-month...

Kalshi’s CEO is racing to build a futures market for AI’s most precious resource, which could be worth $100 trillion by 2030

Several financial firms, including prediction platform Kalshi, CME Group and Intercontinental Exchange, are competing to create a futures market for AI compute, the chips...

Trump-linked oil venture delays Greenland drilling plans after government warning

Greenland Energy Company, a Nasdaq-listed Texas-based firm with ties to the Trump administration, announced a delay to its drilling plans in the Jameson Land...

Current price of oil as of August 13, 2026

On August 13, 2026, at 6:15 AM ET, oil reached $90.28 per barrel according to the Brent benchmark, marking a $1.32 decrease from the...

World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC

Pandora, the world's largest jeweler, is pushing ahead with its strategy of replacing some sterling-silver jewelry with platinum-plated alternatives, despite falling silver prices. The...