Commodities

Thursday's trading: 5 things to know

The key events taking place on Thursday that could impact trading include shares of GameStop after the company announced a stocks split and the latest jobless figures.

Oil prices extend losses

Oil prices fell further on Thursday following a 3% drop in the previous session on concerns higher interest rates will slow the economy and put a dent in fuel demand.

Democratic inflation fix bill is flawed

The Democrats believe they can control inflation with a bill dubbed the 'Consumer Fuel Price Gouging Prevention Act' being rolled out in the coming week.

Cryptocurrency trader sentenced for commodities fraud

A cryptocurrency trader was sentenced to 42 months in prison for defrauding more than 170 victims. Damian Williams, the United States Attorney for the Southern District of New York, announced the sentence.