From Fiestas To Ferraris, Britain's Fuel Shock Has Rich And Poor Stealing Petrol

Existing Home Sales Slump (Again) In August, Supply Hits 10 Year High Existing home sales tumbled for the 3rd straight month in August, falling 2.0% MoM, sparking its biggest annual decline since January... This implied an annualized rate of 3.98 million in August, marking one of only two times since the fall of 2024 that sales have dipped below 4 million... “Mortgage rates and home sales move in opposite directions, so it's not surprising to see a mild dip in home buying activity due to high mortgage rates,” said NAR Chief Economist...

With Just 2 Weeks To Go Until 250th July 4th Celebration, How Much Higher Will Trump Pump Stocks By Peter Tchir of Academy Securities Getting Ready for the Most Beautiful HUGE Long Weekend Ever I hope you are all enjoying the Juneteenth long weekend and Father’s Day. It seems like we just had a long weekend (because we did) and that another long weekend is almost upon us (because it is). While the 4th of July is always special, this being the 250th celebration of Independence is a big deal. I think...

Russia Buying Gasoline From India To Tackle Shortages Russia, whose refining capacity has come under significant strain in recent months, has started seaborne imports of gasoline from India (the same country it exports millions of barrels of oil to), Reuters reported citing industry ​sources, in an effort to mitigate fuel shortages triggered by ‌Ukrainian attacks on its energy infrastructure. Fuel shortages are being felt across Russia's 11 time zones with rationing, long queues at filling stations and a record gasoline price increase, as a result of relentless Ukraine strikes on the...