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date
01/05/2025
Futures data and evaluations from the London Intercontinental Exchange (ICE) show that the average natural gas price in Europe in April decreased compared to March but increased year-on-year. Natural gas prices at various European hubs have been rising since last autumn, reaching $509 per 1000 cubic meters in the first quarter of 2025. The average natural gas price in April decreased by 12.5% compared to March, to around $409 per 1000 cubic meters, but was 28% higher than in April 2024.
Latest
5 m ago
The number of people applying for unemployment benefits in the United States increased more than expected last week.
5 m ago
Last week, the initial jobless claims in the United States increased more than expected, which may suggest an increase in layoffs due to tariffs. Tariffs dragged down the economy in the first quarter. As businesses try to avoid Trump's tariffs on a large amount of imported goods, the US GDP experienced its first contraction in three years last quarter. Economists predict that the aggressive trade policies will lead to a wave of unemployment. The tariffs expected to dampen domestic demand are already prompting some companies to lay off workers. United Parcel Service announced on Tuesday that it will lay off 20,000 people and close 73 factories due to a decrease in Amazon deliveries. Overall, most businesses are adopting a wait-and-see attitude, retaining existing employees while being cautious about hiring more staff.
6 m ago
Good Times Chief Financial Officer: Despite the impact of tariffs, we still expect profits to increase in 2026.
6 m ago
General Motors' CFO stated that fixed costs are expected to remain relatively stable by 2025.
9 m ago
General Motors CFO stated that inventory turnover is fast, with nearly 90% of inventory at the end of the quarter being 2025 models.
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