While you were sleeping: Markets edge higher
By Margreet Dietz Dec. 17 (BusinessDesk) - Wall Street moved higher, though pared some of its earlier gains because oil slid, as investors anticipated a decision by US Federal Reserve policy makers to increase their target interest rate for the first time in nearly a decade....
While you were sleeping: Oil rebound lifts mood
By Margreet Dietz Dec. 16 (BusinessDesk) - Equities on both sides of the Atlantic rose with the price of oil, while US Federal Reserve policy makers began their two-day meeting. Investors are bracing for the first Fed interest rate increase since 2006, and will listen close...
Dairy product prices edge up for second straight auction
By Margreet Dietz Dec. 16 (BusinessDesk) - Dairy product prices increased in the latest GlobalDairyTrade auction, moving higher for a second straight auction, though the gains were less than expected amid concern about worldwide excess supply. The GDT average winning prices...
While you were sleeping: Oil burns investors
By Margreet Dietz Dec. 15 (BusinessDesk) - Equities slid with the price of oil as investors awaited the result of the US Federal Reserve two-day meeting starting on Tuesday. The Federal Open Market Committee is widely expected to announce its first interest rate increase s...