Maryland Court Strikes Down Nation's First State Tax On Digital Advertising

"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April Pending home sales were expected to rise for the third straight month in April (after crashing to record lows to end last year) as mortgage rates stabilized amid war worries, and they did, rising 1.4% MoM (better than the 1.0% expected) with March's gains revised higher too. Source: Bloomberg This left pending home sales up 3.35% YoY - the best annual gain since Nov 2024 - lifting the index off record lows... Source: Bloomberg The report suggests the housing market was...

Russia Says Fuel Crisis Is Easing As Refineries Restart By Charles Kennedy of OilPrice.com The fuel crisis in Russia has started to ease in recent days as some refineries have restarted operations, Russia’s Deputy Prime Minister Alexander Novak said on Sunday. “The situation is gradually stabilizing, a number of oil refineries became operational again. The balance is better now, and the situation at fuel filling stations has considerably improved, including when it comes to supplying agricultural producers,” Russian news agency Interfax quoted the official as saying. “The situation remains quite tense in some...

Copper Stocks Hammered As White House Tariff Doubts Rattle Metals Trade Copper future and related stocks plunged on Thursday morning after a Reuters report said that the White House's "copper tariff plan stalls amid affordability concerns."  The Trump administration has yet to decide whether to impose tariffs on refined copper, sending copper prices around the world to record highs this summer as physical copper flooded US warehouses.  The report from the outlet: The White House has not yet made a decision on refined copper tariffs as officials juggle concerns that higher prices for...