Bloomberg American drivers are poised to pump less for the first time in six years. US gasoline demand is expected to fall by 10,000 barrels a day in 2018 compared to last year, according to the Energy Information Administration. Overall consumption is forecast at 9.31 million barrels a day, the agency said in its monthly Short-Term Energy Outlook. The last ...

Bloomberg Stocks fell, the dollar gained and commodities slid as markets reeled from fresh salvos in the escalating trade war between the US and China. The S&P 500 Index ended the longest rally in a month after the Trump administration said it will slap tariffs on an additional $200 billion of Chinese products. The Asian nation vowed to retaliate, helping ...

Bloomberg The dog days of summer have arrived for quants. Systematic traders who tie their fortunes to the ebbs and flows of stock markets are experiencing some of their worst returns in eight years relative to a key benchmark, according to one Wall Street estimate. Factor investing — which slices and dices equities based on traits like profitability and price ...