The US economy created only 74,000 jobs in December, with many Americans giving up looking for work, latest figures show.
The number of jobs created was the lowest for three years and was well under half the number expected by analysts. The US unemployment rate fell to a five-year low of 6.7%. However, that was mostly due...Hedge Fund Crude Wagers Climb to Highest Since September: Energy
Hedge funds increased bullish bets on crude oil to the highest in three months as stockpiles dropped and the U.S. economy expanded more than forecast.
Money managers raised net-long positions, or wagers on rising prices for West Texas Intermediate crude, by 4.4 percent in the week ended Dec. 24, U.S. Commodity Futures Trading Commission...
Read more
Natural Gas Rises, Heads for Biggest Annual Increase Since 2005
Natural gas is set for the biggest annual gain in eight years in New York amid speculation a cold start to 2014 in the U.S. may boost demand for the heating fuel.
Futures for February delivery rose as much as 0.4 percent to $4.446 per million British thermal units in electronic trading on the New York Mercantile...
Read more
Gold Swinging Near Week High Heads for Fourth Monthly Decline
Gold swung near a one-week high, heading for a monthly and quarterly loss, as the Federal Reserve scales back stimulus amid a strengthening U.S. economy, damping demand for a protection of wealth.
Gold fell 3.4 percent in December for a fourth monthly loss and tumbled 28 percent this year, poised for its worst annual drop since 1981, as...
Read more