Intercontinental Exchange Inc. (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced plans to launch a physically delivered Permian West Texas Intermediate (WTI) crude oil futures contract, deliverable in Houston, Texas. The Houston delivery point has become the pricing center for U.S. crude oil production and exports, and the new flat price futures contract is designed to serve hedging and trading opportunities in this growing market.
Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was little changed at 4.4%, the U.S. Bureau of Labor Statistics reported on July 7. Employment increased in health care, social assistance, financial activities, and mining. Household Survey Data In June, the unemployment rate, at 4.4%, and the number of unemployed persons, at 7.0 million, were little changed.
Goldsource Mines Inc. has announced that it has retained Tetra Tech Canada Inc. of Vancouver, BC to complete an independent pre-feasibility study (“PFS”) for a large-scale (4,000 to 5,000 tonnes per day) open pit, gravity-cyanidation operation at its Eagle Mountain Gold Project (“Eagle Mountain”) in Guyana, South America.
Total nonfarm payroll employment rose by 161,000 in October, and the unemployment rate was little changed at 4.9%, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, professional and business services, and financial activities.