Gas stations come up dry

May 12, 2021

More than 1,000 gas stations in the Southeast reported empty fuel tanks as a result of panic buying following the shutdown of the Colonial Pipeline due to a ransomware attack. Colonial has said it expects to restart most of its operations by the end of this week.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.