Futures & Commodities

Exxon mulls Pioneer deal, shares jump

Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, The Wall Street Journal reported.

Gold nears record on weaker economic data

The price of gold is nearing a record as the latest JOLTS report showed job openings are down as manufacturing activity slows, weakening the U.S. dollar against the euro and pound.

Are ETFs a hedge for inflation?

Exchange-traded funds can be used as a hedge for retail and institutional investors during economic downturn and inflation.

Newmont makes $16.9B bid for Australia gold producer

The Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's top goldminer Newcrest Mining to combine the goldmining companies’ assets in China and Australia.