Latest Currency markets News

New York officials rule against bitcoin-mining power plant

Jun. 30, 2022 18:23 PM EDT

ALBANY, N.Y. (AP) — State officials denied required air permit renewals Thursday to a bitcoin-mining power plant in the Finger Lakes that environmentalists called a threat to New York’s climate goals. In rejecting the renewals, the state Department of Environmental Conservation...

Closing prices for crude oil, gold and other commodities

Jun. 30, 2022 16:02 PM EDT

Benchmark U.S. crude oil for August delivery fell $4.02 to $105.76 a barrel Thursday. Brent crude for August delivery fell $1.45 to $114.81 a barrel. Wholesale gasoline for July delivery fell 18 cents to $3.65 a gallon. July heating oil fell 14 cents to $3.90 a gallon. August natural...

Crypto rules to make Europe a global leader as prices plunge

Jun. 30, 2022 11:08 AM EDT

LONDON (AP) — Europe prepared to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny. The European Union took a first step late Wednesday by...

Asia stocks mixed after Wall St down, China manufacturing up

Jun. 29, 2022 23:48 PM EDT

BEIJING (AP) — Asian stock markets were mixed Thursday after the U.S. economy contracted and China reported stronger factory activity. Shanghai and Hong Kong gained, while Tokyo and Seoul declined. Oil prices advanced. Wall Street's benchmark S&P 500 index edged...

Gas lines and scuffles: Sri Lanka faces humanitarian crisis

Jun. 29, 2022 21:08 PM EDT

COLOMBO, Sri Lanka (AP) — Chamila Nilanthi is tired of all the waiting. The 47-year-old mother of two spent three days lining up to get kerosene in the Sri Lankan town of Gampaha, northeast of the capital Colombo. Two weeks earlier, she spent three days in a queue for cooking gas — but came...

Closing prices for crude oil, gold and other commodities

Jun. 29, 2022 15:38 PM EDT

Benchmark U.S. crude oil for August delivery fell $1.98 to $109.78 a barrel Wednesday. Brent crude for August delivery fell $1.72 to $116.26 a barrel. Wholesale gasoline for July delivery fell 11 cents to $3.83 a gallon. July heating oil fell 16 cents to $4.04 a gallon. August...

Strong ruble could hurt Russian businesses, official warns

Jun. 29, 2022 08:01 AM EDT

MOSCOW (AP) — As the ruble strengthens to levels not seen in seven years, Russia's minister of economic development warned Wednesday that the country's businesses could suffer if the trend persists. The ruble hit all-time lows in the first weeks after Russia sent troops into...

Asian shares track Wall St drop as inflation fears drag on

Jun. 29, 2022 01:06 AM EDT

BANGKOK (AP) — Shares skidded in Asia on Wednesday after another broad decline on Wall Street as markets remain gripped by uncertainty over inflation, rising interest rates and the potential for a recession. U.S. futures edged higher while oil prices fell back. A...

Closing prices for crude oil, gold and other commodities

Jun. 28, 2022 15:13 PM EDT

Benchmark U.S. crude oil for August delivery rose $2.19 to $111.76 a barrel Tuesday. Brent crude for August delivery rose $2.89 to $117.98 a barrel. Wholesale gasoline for July delivery rose 10 cents to $3.94 a gallon. July heating oil fell 3 cents to $4.20 a gallon. July natural gas...

World shares mostly higher after wobbly day on Wall Street

Jun. 28, 2022 05:29 AM EDT

BANGKOK (AP) — Global stocks were mostly higher Tuesday after a wobbly day on Wall Street as markets cooled off following a rare winning week. Oil prices pushed higher and U.S. futures also advanced. As they wrapped up a summit in Elmau, Germany, Group of Seven...