Government probes crude oil market in price manipulation inquiry
The Commodity Futures Trading Commission began a six month probe into U S crude oil markets amid unprecedented conditions. It will require monthly reports from funds to mimic energy prices and expand surveillance with UK regulators and Intercontinental Exchange Europe.
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Washington
U.S
Commodity Futures ‘Trading Commission
New York Mercantile Exchange
Thé
Commission
CFTC
InterContinental Exchange Inc
Futures
Europe
West Texas
China
Developed Nations
Federal Reserve
Howard Simons
Bianco Research
Chicago
Simons
Local readers invited to comment after story posted
Gaon.com invites registered readers to sound off on local stories by posting unaudited comments at the end of each article. The page directs users to register if not yet signed in and explains comment placement.
MENTIONED IN THIS ARTICLE
Gaon.com
ECISD taps recommendation for athletics coordinator
A district selection committee forwarded a recommendation to ECISD Superintendent Hector Mendez in favor of a candidate for the vacant athletics coordinator post. The notification came as of 3 p.m. Thursday.
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ECISD
Hector Mendez
Oapa.com
Mendez
Ecsd
Local Trustees Criticized Over Staffing and Golf Course Delay
Residents question why eight applicants produced four interviews and allege poor hiring. The story notes Gary Gaines and Bruce Davis in office moves, Ratliff Ranch Golf Links opening delays, and a local poll showing 89 percent in favor of opening. Calls for accountability and proper spending echo through the community.
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Gary Gaines
Ibmeiam
Gaines
Fuller
Bruce Davis
Batch
Lubbock
Ratliff Ranch Golf Links
Chris McQuatters
Oapa.com
McQuatters
Grandview
Rates on 30 year mortgages spike to highest since mid March
Freddie Mac reports 30 year fixed rate mortgages average 6.08 percent this week, up from 5.98 percent, the highest in 11 weeks as markets fear Fed actions to curb inflation. The 10 year Treasury yield tops 4 percent amid rate hike expectations. Frank Nothart, Freddie Mac chief economist, notes rates drift up due to possible Fed moves. On the Net Freddie Mac website remains the source.
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Washington
Federal Reserve
Freddie Mac
Fed
Treasury
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Freddiemac.com
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