Oil traders make big bets on Trump policies. The path for prices isn’t so clear.
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Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...MarketWatch - 2d -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - 6d -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Trump and Republicans plot radical policy agenda in one ‘big, beautiful bill’
House speaker says party seeks single piece of legislation covering tax cuts, immigration and military spending. Donald Trump is working with top Republicans in Congress to devise a single “big, ...The Guardian - Jan. 6 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - Jan. 3 -
Trump attacks UK’s North Sea policy as ‘very big mistake’
Post on Truth Social platform is latest anti-Labour salvo from incoming US administrationFinancial Times - Jan. 3 -
There’s a big problem with trying to replace Johnson — no clear alternates
Three potential alternate speaker candidates have come up in conversations among holdouts. But they don’t have the needed votes to become speaker, either.Politico - Jan. 2
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S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...MarketWatch - 1h -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 2h -
Elon Musk once called his questions ‘boneheaded.’ What Wall Street is losing as this clear-eyed analyst retires.
With the incoming pro-business Trump administration, Wall Street needs people willing to ask hard questions and look into whether there’s substance behind bold corporate predictions.MarketWatch - 2h -
T-bill supply will turn negative soon without a U.S. debt-limit deal: BofA
Incoming President Donald Trump’s second administration kicks off as the U.S. debt-ceiling debate enters another critical juncture.MarketWatch - 2h -
Walgreens stock sinks after DOJ sues over illegal-prescription accusations
The pharmacy “allowed millions of opioid pills and other controlled substances to flow illegally out of Walgreens stores,” the Justice Department said.MarketWatch - 3h
More in Business
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TikTok says it will go dark on Sunday unless Biden intervenes
TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app's service providers.CNBC - 6m -
Jean Jennings, Who Wrote With Verve About Cars, Dies at 70
A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.The New York Times - 26m -
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.The New York Times - 55m -
S&P 500 now up in 2025 after broadening rally ahead of Trump inauguration
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their ...MarketWatch - 1h -
Supreme Court Backs Law Requiring TikTok to Be Sold or Banned
The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.The New York Times - 2h