Saudi Aramco profit surges 90% in second quarter amid energy price boom

An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi oil giant Aramco reported a stunning 90% surge in…

The carbon price solution | World Finance

The carbon price solution We are now in a race against time to mitigate the effects of climate change. Calls for phasing out fossil-fuel subsidies and introducing a carbon price…

Home price growth slowed in May, S&P Case-Shiller says

New homes under construction in Tucson, Arizona. Rebecca Noble | Bloomberg | Getty Images Home prices in May were 19.7% higher compared with the same month last year, according to…

These are the 10 cities seeing the most price cuts for homes

Daniel Acker | Bloomberg | Getty Images More home sellers are dropping their asking prices as rising mortgage interest rates and inflation have eased competition in the housing market. Some…

Home price increases slowed slightly in April, says S&P Case-Shiller

People walk into a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Home price increases slowed ever so slightly…

Hottest US Housing Markets Now Have Bigger Share of Price Cuts

(Bloomberg) — US cities that saw some of the biggest jumps in home prices during the pandemic now have the largest shares of price cuts, according to data compiled by…

Russia faces oil price cap in fresh blow to Kremlin

G7 Russia oil ban Putin energy sanctions Ukraine inflation – AP Photo/Martin Meissner, File The G7 is drawing up plans to punish Vladimir Putin with a cap on the price…

When to increase a house budget and when to stick to an original price

valentinrussanov | E+ | Getty Images The housing market is hot right now — if you’re a seller. Buyers, on the flip side, are having a harder time finding homes.…

March existing home sales fall, median price sets new record

Sales of existing homes dropped 2.7% in March to a seasonally adjusted, annualized rate of 5.77 million units, according to the National Association of Realtors. February’s reading was also revised…

Mega-mansions suffer massive price cuts at real estate auctions

An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable…