Oil Prices Rise on Biden’s Offhand Remarks, and U.S. Ports Reopen
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Business - MarketWatch
The U.S. port strike is over. This is what it means for transportation and shipping stocks.
The end of the three-day U.S. ports strike has implications for a number of transportation and shipping stocks, say analysts.49 minutes ago -
Business - Inc.
U.S. Port Strike Suspended After Tentative Agreement
A 63 percent wage increase for East and Gulf Coast longshoremen helped halt the walkout, which threatened to damage the national economy had it continued.1 hour ago -
Business - The Wall Street Journal
U.S. Ports Reopen After Dockworkers End Strike
Companies sweeten contract offer to a 62% wage increase to reopen ports from Maine to Texas.3 hours ago -
Business - CNBC
Why oil prices haven't skyrocketed on Middle East supply fears — yet
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the Middle East.3 hours ago -
Business - The New York Times
Jobs and Oil Prices Are Keeping Markets on Edge
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.4 hours ago -
Business - Financial Times
Oil surges after Biden comments on Israeli retaliation
US officials believe response to Iranian strike will be measured enough to avoid escalation5 hours ago - Joe Biden -
Top stories - The New York Times
Oil Prices Rise on Biden’s Offhand Remarks, and U.S. Ports Reopen
Plus, the top trends from fashion month.5 hours ago - Joe Biden -
World - Financial Times
FirstFT: Union and bosses agree deal to end port strike
Also in today’s newsletter, Texas Stock Exchange pledges tougher standards than New York rivals and have we passed peak obesity?6 hours ago -
Business - MarketWatch
U.S. stocks’ remarkable 2024 run is likely to continue during the fourth quarter, history shows
U.S. stocks have had a remarkable run during the first nine months of 2024 — and if the past is any guide, it will likely continue over the next three months.7 hours ago -
Business - The Wall Street Journal
Asian Shipping Stocks Fall After U.S. Port Workers Suspend Strike
Shares of Asian shipping companies fell sharply after U.S. port workers suspended a three-day strike, dashing hopes for higher freight rates as a result of limited supply.11 hours ago -
Business - The New York Times
Oil Prices Jump After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities
The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.13 hours ago - Joe Biden -
Top stories - BBC News
The Papers: 'PM defies US to cede Chagos' and 'oil price scare'
Several papers highlight Israel's potential next move against Iran, with widespread speculation its oil infrastructure could be targeted.16 hours ago -
World - The New York Times
How 2 Offhand Remarks by Biden Caused Waves in the Markets and the Middle East
The president’s casual disclosures underscored the power of his words — and how quickly they travel.17 hours ago - Joe Biden -
Business - Inc.
These Are the Top U.S. East Coast Port Shipment Retailers
As the dockworker’s strike continues, port shipment retailers may be affected by the backlog.18 hours ago -
Politics - The Hill
Port strike boosts pressure on Biden, Harris
President Biden and Vice President Harris may find themselves in an increasingly difficult position the longer the International Longshoremen's Association (ILA) strike on the East and Gulf Coasts ...18 hours ago - Joe Biden -
Business - CNBC
Panic buying amid U.S. ports strike is creating supermarket supply concerns
Grocery stores and retailers say consumers are panic buying products over shortage concerns due to East and Gulf Coast ports strike, but fears are unfounded.19 hours ago -
Business - MarketWatch
Oil prices turn higher for the year on risks to crude flow in the Middle East
Oil futures finished higher for a third straight session on Thursday, prompting prices to turn higher for the year, as traders awaited Israel’s response to a missile barrage earlier this week by ...20 hours ago -
Business - CNBC
U.S. crude oil jumps as Biden comments on possible Israel retaliation against Iran
Supply disruption risks are increasing as fighting in the Middle East intensifies, according to analysts.20 hours ago - Joe Biden -
Business - MarketWatch
Israeli strikes on Iran’s ‘oil island’ could send crude prices soaring
What worries oil traders the most as tensions build in the wake of Iran’s missile attack on Israel is a potential disruption to the flow of crude in the Middle East — and when it comes to Iran, ...20 hours ago - Israel -
Top stories - NBC News
Biden delivers remarks in Georgia on Helene recovery
President Biden delivers remarks on Hurricane Helene recovery efforts from Ray City, Georgia.20 hours ago - Joe Biden -
Business - CNBC
Chaos is building for shippers as U.S. port strike continues and costs rise
As the strike at ports enters its third day, cargo containers are stranded at the wrong terminals or at sea, and ocean carrier charges are starting to mount.21 hours ago -
Politics - The Hill
Watch live: Biden gives remarks in Georgia on Hurricane Helene recovery
President Biden traveled to Florida and Georgia on Thursday to witness the damage Hurricane Helene has had on the southeastern U.S. and provide an update on recovery efforts in the wake of the ...21 hours ago - Joe Biden -
World - The Guardian
Revealed: CEO at heart of US ports strike made crude attacks on Biden and Democrats
David Adam of USMX made coarse remarks about president and appeared to endorse rightwing conspiracy theory. An executive representing ports where tens of thousands of workers went on strike this ...22 hours ago - Joe Biden -
Top stories - CBS News
Are 1-ounce gold bars worth investing in as prices rise?
Gold bars have been a smart bet for much of 2024, but do they make sense now? Here's what to know.23 hours ago -
Top stories - BBC News
Faisal Islam: Oil price rise comes at a critical point
Any extended rise raises the possibility of higher petrol prices and gas and electricity bills.Yesterday -
Top stories - CBS News
Port strike could drive prices of food and other goods up
The dockworkers strike that's affecting ports from Boston to Houston is now in its third day with no deal in sight. CBS News senior business and tech correspondent Jo Ling Kent has more on what the ...Yesterday -
World - Financial Times
Eurozone house prices rise for first time in more than a year
Annual increase of 1.3% in second quarter points to gradual recovery of region’s housing marketYesterday -
World - Financial Times
What a Middle East oil price shock could mean for US consumers
A worst-case scenario for the market could send prices spiralling into the triple digitsYesterday -
Top stories - NBC News
Ship queue grows at U.S. ports as dockworker strike enters third day
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day.Yesterday