The second quarter of 2024 saw copper prices surge on the London Metals Exchange (LME) on the back of supply bottlenecks and elevated demand, particularly from energy sectors. Copper markets saw momentum from the first quarter with prices on April 3 sitting at US$8,728 per metric ton, but supply and…
Crypto investors are abuzz amid rumors that former US President Donald Trump may announce Bitcoin as a strategic reserve asset at a Bitcoin event scheduled to run from July 25 to 27 in Nashville, Tennessee. Trump, who is scheduled to speak on July 27 and is currently gunning for his…
They say everything’s bigger in Texas. And between 2020 and 2023, that seems to have been true of population growth. Nine of the 10 U.S. cities and towns where populations grew at the fastest clip during that period are found in the Lone Star State, according to the latest U.S. Census Bureau…
After a yearlong search, Rana Robillard was elated to learn she’d beaten three other bidders for a house in the leafy California suburb of Orinda, just outside of San Francisco. So when Robillard, who works at a software startup, received an email in late January from her mortgage broker with directions to…
People are struggling to pay off their credit card debt even as many trim their spending. The share of credit card balances that are past due reached the highest level ever in the first quarter, according to data the Philadelphia Federal Reserve has tracked since 2012. The delinquencies come as…
Many of America’s largest labor unions have now announced their endorsements of Kamala Harris’ presidential bid, as the vice president intensifies her campaign for the Democratic nomination. Yet some notable union holdouts remain, suggesting Harris will still have some work to do to win over other working-class voters. On Monday,…
DETROIT — General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand’s first EV. The six-month delay in retooling the electric truck plant in Michigan, until mid-2026, also means GM will not achieve a prior target of having North…
Disneyland employees have reached a tentative deal on a new contract with the company, according to a coalition of unions, averting what would have been the first strike to hit the Southern California theme park in 40 years. ‘We have shown Disney that we are the true magic makers of…
Consumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot when it comes to managing transportation costs. The result is increased competition among shippers for retail volume in a market dominated by FedEx and UPS, according to a…
The math seemed impossible, but numbers don’t lie — it was less expensive for Julie Kelley to send her 9-year-old son to seven different summer camps in three states than to enroll him in one full-time program in Vermont, where they live. Summer vacation lasts 10 weeks for the Kelleys.…