Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
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Business - MarketWatch
CSX stock falls as railroad warns on impact of hurricanes, lower fuel prices
Shares of CSX Corp. fell after hours on Wednesday after the railroad operator said the fourth quarter would be “more challenging” in the wake of falling fuel prices, weaker coal demand and two ...4 hours ago -
Business - MarketWatch
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...5 hours ago -
Business - MarketWatch
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...6 hours ago -
Politics - The Hill
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...8 hours ago -
Business - MarketWatch
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.11 hours ago -
Business - MarketWatch
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.11 hours ago - Mortgage -
Business - MarketWatch
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said13 hours ago -
Business - MarketWatch
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.14 hours ago -
Business - MarketWatch
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.16 hours ago -
World - ABC News
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...16 hours ago - United Kingdom -
Top stories - The New York Times
Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says
A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.21 hours ago -
Business - Financial Times
Air conditioning will be major driver of electricity demand, says IEA
Higher temperatures and rising incomes could boost power demand coming from home cooling units by 280% by 205021 hours ago -
Top stories - CBS News
Google turns to nuclear energy for AI electricity demand
Google announced a deal with energy startup Kairos Power to supply its data centers with electricity from seven small modular nuclear reactors, which still need to be built. A recent study found ...Yesterday - Google -
Business - The Wall Street Journal
Woodside Narrows Oil, Gas Output Guidance
Woodside said its sales revenue totaled $3.68 billion in the third quarter, up 21% on the previous three months and driven partly by higher average LNG prices.Yesterday -
Top stories - NBC News
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
U.S. crude futures fell more than 4% on Tuesday, after Israel reportedly told the U.S. that it is not planning to strike Iran’s oil facilities, relieving fears that a major supply disruption in the ...Yesterday - Israel -
Business - MarketWatch
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...Yesterday -
Business - MarketWatch
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Yesterday - Israel -
Business - CNBC
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran's oil industry
The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East.Yesterday - Israel -
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Top stories - NBC News
Walgreens to close 1,200 stores over the next three years
Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid flagging sales and changing consumer behavior.Yesterday -
Top stories - CBS News
Walgreens to close 1,200 stores over next 3 years
Struggling pharmacy chain attempts turnaround amid low drug reimbursement rates and slower consumer spending.Yesterday -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...Yesterday -
World - The Guardian
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...Yesterday - China -
Business - The Wall Street Journal
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...Yesterday -
Politics - The Hill
What to know about California's controversial new law aimed at preventing gas price spikes
California Gov. Gavin Newsom (D) on Monday signed into law a controversial slate of plans to tighten fuel refinery storage rules in an effort to prevent future fuel shortages and price spikes at ...2 days ago - California -
Business - The New York Times
Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.2 days ago - Russia -
Business - MarketWatch
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...2 days ago - China -
Business - CNBC
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.2 days ago -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy2 days ago - United Kingdom -
Politics - The Hill
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...2 days ago - Donald Trump -
Top stories - BBC News
WWE’s Cody Rhodes wants WrestleMania to be hosted in UK within next five years
The "American Nightmare" thinks Manchester or London have venues perfect for hosting the event.2 days ago - United Kingdom -
Top stories - BBC News
Five beheaded bodies found next to road in Mexico
The rural area, which is plagued by violence, is largely under the control of the powerful Jalisco New Generation Cartel.2 days ago - Mexico