Sep 11 · 12:49 ET · 00:49+1 UTC+8RegularFutu Global Flash · QQQ/SPY
White House considers using Defense Production Act to expand U.S. refining capacity
Citing two people familiar with the matter, Reuters reported that the White House is studying how to use the Defense Production Act to expand U.S. refining capacity as the U.S.-Iran conflict exposes U.S. vulnerability to disruptions in global crude supplies and surging prices. The proposal was discussed recently at a…
oilriskgeopoliticsPrice at publishQQQ 715.68 / +0.99%SPY 765.39 / +1.00%
U.S. household net worth surged last quarter as stocks rebounded
U.S. household wealth rose to a record in the second quarter as the stock-market rebound improved Americans' balance sheets. The Federal Reserve said in a report Friday that household net worth surged by $12.8 trillion from the previous quarter to $195.9 trillion in the second quarter. Over the three months through th…
macro-datainflationfomcriskPrice at publishQQQ 715.57 / +0.97%SPY 765.19 / +0.97%