Futures Movers Oil Prices See Renewed Slump As European Bank Worries Rise
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Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Food price rises 'returning to normal'
Grocery price inflation falls to its lowest since October 2021 but shoppers are still buying own-brand goods.BBC News - Top stories -
Crypto Astrologers See Price Moves in the Stars
They predict the ups and downs of Bitcoin based on planetary movements, and their super-secretive clientele listens.Wired - Tech - Crypto -
Dow Edges Higher With Retail Earnings in Focus
Stock indexes were mixed, with the Dow inching higher after retreating from the 40000 mark on Monday.The Wall Street Journal - World -
European airlines signal surge in ticket prices is near peak
Ryanair says ticket prices will either be flat or ‘modestly’ higher this summer than 2023Financial Times - Business - Travel -
3 moves to avoid as gold's price rises
Considering buying gold at today's high price? Then you'll want to avoid making these three moves.CBS News - Top stories -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Martin Rowson on climate change, and the price of olive oil – cartoon
Continue reading...The Guardian - World - Climate -
Oil prices fall as traders monitor developments in Iran after president's death
Ebrahim Raisi, president of OPEC's third-largest producer, died in a helicopter accident.CNBC - Business - Iran -
Oil prices drift lower as traders fret over Fed, look for catalysts
Oil futures headed lower Tuesday, on track to notch back-to-back session losses, as traders were concerned about the outlook for crude demand as the Federal Reserve maintains higher interest rates.MarketWatch - Business -
Natural Gas Futures Rise With Some Help From Texas Storm
Natural gas futures rose 5% on a storm in Texas and as U.S. inventories shrink ahead of higher cooling demand.The Wall Street Journal - World -
Target’s price cuts imply earnings may be a concern — but UBS says don’t worry
“Our take is that these actions are a sign of strength, not a signal of vulnerability,” a UBS analyst wrote about the retailer’s price cuts.MarketWatch - Business -
Ether price jumps ahead of SEC’s ETF decision as speculation on approval rises
Ether’s price jumped Monday afternoon, leading a rally for major cryptocurrencies three days before the U.S. Securities and Exchange Commission has to decide whether to approve VanEck’s application for a spot ether exchange-traded fund.MarketWatch - Business -
Are gold bars and coins still worth investing in as the price rises?
Gold bars and coins have proven to be smart investments, but are they worth it with the price at a record high?CBS News - Top stories -
Brazil to host 2027 Women’s World Cup after seeing off European bid
Brazil gets 119 votes to 78 for Belgium-Netherlands-GermanyInfantino says legal threats over Club World Cup are ‘futile’Brazil was declared the host of the 2027 Women’s World Cup at the Fifa congress, beating the joint bid of Belgium, the ...The Guardian - World - World Cup -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Oil scores weekly gains, with U.S. prices ending above $80 for first time this month
Oil futures climbed Friday, contributing to gains for the week and prompting U.S. benchmark prices to settle above $80 a barrel for the first time this month, as some economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
Oil prices finish lower, giving up early gains seen after death of Iran’s president
Oil futures settled lower on Monday, giving up early gains that had been tied to potential risks to global crude supplies following the death of Iran’s president in a helicopter crash and concerns about the health of Saudi Arabia’s king.MarketWatch - Business -
Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts
U.S. crude oil and global benchmark Brent have traded in a $3 range this month since selling off from April highs.CNBC - Business -
Navigating Sales Slumps: Proactive Strategies for Business Owners
The first step in addressing a sales slump is recognizing it early.Inc. - Business -
China Says It Will Start Buying Apartments as Housing Slump Worsens
Signaling growing alarm, policymakers ramped up efforts to stem a continued decline in real estate values.The New York Times - Business - China -
Li Auto says order intake misses expectations as earnings slump
Chinese electric vehicle maker Li Auto said order intake was worse than expected in March as its profit declined in the first quarter.MarketWatch - Business -
Ether jumps 20% on renewed optimism for an ETF
Cryptocurrencies rallied amid a late surge in optimism around SEC decisions on spot ether ETF applications, the first of which is due this week.CNBC - Business -
Niger’s first oil exports
The west African country is on the verge of becoming a regional oil majorFinancial Times - World -
Bird flu is spreading, but should you be worried?
The CDC launched a tracking dashboard as bird flu outbreaks spread rapidly, but should you worried about infection?The Hill - Politics -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
This Is What Worries Me About the Trump Trial
A terrible man is in the cross hairs of American justice, but immorality alone doesn’t make him a criminal.The New York Times - Top stories - Donald Trump -
Researchers studying 'doomsday glacier' make worrying discovery
Antarctica's "doomsday glacier," referred to as such for its potential to dramatically raise global sea levels, is melting faster than we thought thanks to warmer sea water passing below it, according to a new study.The Hill - Politics -
Biden’s Future Problem
In reporting about voters’ views of Mr. Biden, it’s clear at least some think he’s hardly doing anything at all — and that if re-elected, there might be no change.The New York Times - Top stories - Joe Biden -
Even European Parliament Elections Have Consequences
The body has become emblematic of the EU’s dysfunction, but this year’s vote may actually matter.The Wall Street Journal - World -
Chelsea top Bournemouth to clinch European place
A magnificent lobbed goal by Moises Caicedo and a twisting effort from Raheem Sterling earned Chelsea a 2-1 win over Bournemouth on Sunday.ESPN - Sports - Premier League -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Wildfires rage in Canada’s oil hub
Blazes put more than 2mn barrels a day of supply at risk amid geopolitical tensions in Middle East and RussiaFinancial Times - World -
Display at Alito’s Home Renews Questions of Supreme Court’s Impartiality
News of a popular “Stop the Steal” symbol on the justice’s front lawn led jurists and politicians to express concerns about coming court decisions.The New York Times - Top stories -
Biden Renews Call for Gaza Cease-Fire at Morehouse Commencement
President is seeking to shore up support from Black voters as polls show his standing eroding.The Wall Street Journal - World - Joe Biden -
Protectionism will ‘haunt’ renewable energy industry, says China solar executive
Chinese companies and officials hit back against US and European trade barriersFinancial Times - Business - China -
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault
Defense Secretary Lloyd Austin is committing to keep U.S. weapons moving to Ukraine as Kyiv faces one of its toughest moments against a renewed assault by RussiaABC News - Top stories - Ukraine