Hyundai Engineering America and S&B Engineering and Construction have been selected to engineer,...
Hyundai Engineering America and S&B Engineering and Construction have been selected to engineer, design, and build a $3.5 billion natural-gas-to-liquid-fuel facility in Jefferson County, Ark. The plant will use Fischer-Tropsch technology to convert the natural gas to highly refined diesel and jet fuels.
US gasoline prices reach highest level since October 2022, averaging $3.88 per gallon...
US gasoline prices reach highest level since October 2022, averaging $3.88 per gallon (More)
Markets: Stocks dipped yesterday as investors remained cautiousahead of today’s announcement from the Fed on interest rates(Spoiler alert: They’re expected to hold steady). The news was better for Instacart, which climbed 12% in its first day of trading after its highly anticipated IPO.
Benchmark U.S. crude oilfor October delivery fell 28 cents to $91.20 a barrel Tuesday. Brent crudefor November delivery fell 9 cents to $94.34 a barrel.
Wholesale gasoline for October delivery fell 4 cents to $2.66 a gallon. October heating oilrose 8 centsto $3.37 a gallon. October natural gasrose 12 centsto $2.85 per 1,000 cubic feet.
U.S. stocks log lowest close of September as Fed meeting looms
U.S. stocks finished lower on Tuesday despite paring sharp declines...
U.S. stocks finished lower on Tuesday despite paring sharp declines from earlier in the day as the S&P 500 and Nasdaq Composite logged their lowest closing levels of September, based on preliminary end-of-day data from FactSet.
The S&P 500SPX fell by 9.53 points, or 0.2%, to 4,443.99, while the Nasdaq Composite COMP shed 32.05 points to 13,678.19. The Dow Jones Industrial AverageDJIA fell by 106.57 points to 34,517.73. U.S. stocks sunk as rising Treasury yields and higher oil prices put pressure on equities ahead of Wednesday’s interest-rate decision from the Federal Reserve. The central bank is widely expected to leave borrowing costs on hold, but could still rattle markets by leaving the door open for more interest-rate hikes at future meetings.
Mexico is now the leading exporter to the U.S. — having overtaken China
US-China tensions are rewiring global trade, as the US seeks to reduce supply-chain reliance on geopolitical...
US-China tensions are rewiring global trade, as the US seeks to reduce supply-chain reliance on geopolitical rivals and also source imports from closer to home. Mexico appeals on both counts—which is one reason it’s just overtaken China as the biggest supplier of goods to the giant customer next door.