Latest in Despite Global Crises, Gas Prices Slide as U.S. Election Nears
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Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.Business - The New York Times - October 23 -
Friday Briefing: The Global Stakes of the U.S. Election
Plus, Japan's passion for the World Series.World - The New York Times - October 31 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.Business - CNBC - October 30 -
U.S. Election Sends Alarming Message for Global Climate Efforts
The Trump victory sets back the world’s attempt to rein in dangerous levels of warming and potentially isolates the United States in the global energy transition.Science - The New York Times - November 7 -
U.S. dollar jumps as Donald Trump recaptures the White House
The U.S. currency's gains extended as former President Donald Trump defeated Vice President Kamala Harris in the U.S. presidential election.Business - CNBC - November 6 -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - November 5 -
Global ETFs slide as investors see Trump tariff policies hurting trade
Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.Business - CNBC - November 6 -
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Starbucks turns to Sharpies and price freeze to stem traffic slide
New CEO Brian Niccol pledges to simplify ‘overly complex’ menu and return to its coffee house rootsBusiness - Financial Times - October 30 -
On Election Day, Trump-linked Phunware’s stock slides
Phunware shares are down 3% as America heads to the polls.Business - MarketWatch - November 5 -
Don’t be beguiled by the apparent calm reigning in US bond markets
The outcome of the presidential election could yet cause a crisis of confidenceBusiness - Financial Times - October 25 -
European gas prices hit peak for year on Norwegian production outage
Increase highlights continuing vulnerability of market to supply disruptionsWorld - Financial Times - October 25 -
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices
Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.Business - The Wall Street Journal - October 31 -
California air regulators approve controversial standards that could affect gas prices
California regulators have approved plans to strengthen the state's carbon reduction standards — a move that opponents fear could drive up gasoline prices. The decision, which occurred following a ...Politics - The Hill - November 11 -
European gas prices surge on potential disruption from Russia
Austria’s OMV warns Gazprom could halt supplies following arbitration rulingWorld - Financial Times - November 14 -
Gas prices at one-year high in Europe amid Russian supply threat
Gazprom could stop flow of gas into continent as result of their legal battle with Austrian company OMV. Europe’s gas market rose by as much as 5% on Thursday to its highest price in a year after ...World - The Guardian - 6 days ago -
Sheetz is cutting gas prices by 40 cents a gallon before Thanksgiving
As millions of Americans get ready to hit the road ahead of the Thanksgiving holiday, Sheetz is offering a deal on fuel.Top stories - CBS News - 15 hours ago -
A 'tidal wave' of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
The expansion is likely to lead to a state of oversupply by the end of 2026, analysts such as RBC's Anan Dhanani have projected.Business - CNBC - October 23 -
Global food prices reach highest level in 18 months
Increases signal grocery price pressures likely to rise further over the coming quartersWorld - Financial Times - November 8 -
New York Joins a Global City Club, With a Deal on Congestion Pricing
The city will be the first in the U.S. to adopt a fee on driving in certain areas, with the aim of reducing traffic and pollution. For some other cities, that has long been the norm.World - The New York Times - 6 days ago -
Brambles Reaffirms Guidance Despite Stalling U.S. Volumes
The pallet maker said it affirmed guidance despite lower September-quarter demand from existing U.S. customers.Business - The Wall Street Journal - October 23 -
U.S. oil posts worst day in two years after Israel spares Iran crude facilities
Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.Business - CNBC - October 28 -
Gold prices break a new record, but may be near a peak
Gold topped $2,800 an ounce for the first time ever on Wednesday, but one analyst warned that the upward movement for prices may be “limited” going forward as strength in Treasury bond yields is a ...Business - MarketWatch - October 30 -
We're changing our price target on TJX despite the retailer's light guidance
The company's outlook was not overly concerning given its proclivity to under-promise and over-deliver.Business - CNBC - 17 hours ago -
Falling oil prices may help push gas below $3 a gallon for the first time since 2021
The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after ...Business - MarketWatch - October 28 -
Gas price fears drive pushback against California plan to overhaul climate program
California's Republican representatives in Congress are pushing back against state plans to tighten carbon reduction policies, arguing that doing so would cause a sharp rise in gasoline prices. All ...Politics - The Hill - October 29 -
Why Trump’s ‘drill, baby, drill’ pledge may not actually lower US gas prices
Despite president-elect’s vow, energy companies focus on managing resources to be profitable, not pumping more oil. At the Republican national convention in July, Donald Trump pledged to cut ...World - The Guardian - 2 days ago -
What the presidential election means for gold, oil, natural gas and other commodities
The U.S. election outcome isn’t likely to have a big impact on commodities such as energy, metals and grains in the short run, but oil and natural gas could be influenced in the years to come by ...Business - MarketWatch - October 31 -
U.S. Remains Engine of Global Growth in New IMF Forecasts
The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.Business - Inc. - October 23 -
Abuse survivors urge the Vatican to globalize the zero-tolerance policy it approved in the US
Survivors of clergy sexual abuse are urging the Vatican to adopt the same zero-tolerance policy that it approved for the U.S. Catholic Church in 2002World - ABC News - 2 days ago -
Latino voters face surge in misinformation as election nears
As the Latino vote gains attention in the 2024 election, concerns arise over targeted misinformation. Roberta Braga, co-founder of the Digital Democracy Institute of the Americas, joins "CBS ...Top stories - CBS News - October 30 -
The Economy Looks Strong as Election Day Nears
Also, flash floods killed more than 95 people in Spain. Here’s the latest at the end of Wednesday.Top stories - The New York Times - October 30 -
Misinformation concerns grow as Election Day nears
A flood of false information around the election is already ramping up on the internet, making it hard for voters to know what’s actually real. Already in Pennsylvania, a viral video claiming to ...Politics - NBC News - October 31 -
Japan's Ishiba stays as PM despite election setback
He will now navigate hostilities within his party, economic woes and a period of flux in international relations.Top stories - BBC News - November 11 -
Data helps navigate U.S. corn mazes as Halloween nears
Data from Yelp shows where the nation's corn mazes are, while satellite views offer a kernel of help as Halloween approaches.Top stories - CBS News - October 30 -
2 killed, 4 wounded by Mexico's National Guard near U.S. border
Colombia's foreign ministry said that all of the victims were migrants who had been "caught in the crossfire."Top stories - CBS News - November 5