Latest in Big Banks Oil
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Sen. Warren: Big banks hiked interest on borrowers, but not for savers
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.CBS News - 12h -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - 13h -
Trump Davos remarks target big banks, oil prices, European regulators
Trump has signed executive orders to withdraw the U.S. from the World Health Organization and the Paris climate agreement since he took office.CNBC - 13h -
Big oil spent $445m in last election cycle to influence Trump and Congress, report says
Investments ‘likely to pay dividends’, analysis says, as Trump unleashes dozens of pro-fossil fuel executive actions. Big oil spent a stunning $445m throughout the last election cycle to influence ...The Guardian - 19h -
Trump Leaving Paris Climate Agreement Causes Rift With Big Oil
Quitting the Paris climate deal for the second time was one of many first-day moves by Trump.Inc. - 1d -
Sen. Warren: Big banks hiked interest on borrowers, but not for savers
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.CBS News - 12h -
Trump bashes bank CEOs at Davos: 'Open your bank to conservatives'
President Trump on Wednesday accused two major U.S. banks of discriminating against conservatives during a live event with the CEO of one of those firms. In virtual remarks before a group of ...The Hill - 13h -
CEOs of 4 big portfolio companies dish on AI, cyber, banking, and Trump from Davos
It's that time of year when business tycoons and influential world leaders gather in Davos.CNBC - 1d -
Explained: how Trump’s day one orders reveal a White House for big oil
From LNG to drilling in Alaska, here’s everything you need to know about Trump’s energy and climate executive orders. Through a flurry of executive orders, a newly inaugurated Donald Trump has ...The Guardian - 1d -
Why are you being told to avoid seed oils?
Most claims about the dangers of seed oils tend to focus at least in part on inflammation — more specifically, that seed oils contain large amounts of omega-6s relative to omega-3s.NBC News - 1d -
Big Banks Quit Climate Change Groups Ahead of Trump’s Term
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.The New York Times - 3d -
Oil traders make big bets on Trump policies. The path for prices isn’t so clear.
The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.MarketWatch - 5d -
A Big, Bold TikTok Ban
Banning the popular app is audacious. It’s also a sign that officials really believe the alternative is unacceptable.The New York Times - 5d -
Biden’s overdue sanctions on Russian oil are a slap at Trump
Oil prices are rising, and you can thank Joe Biden.The Hill - 6d -
‘Big oil’s negligence’: LA residents call on fossil fuel industry to pay for wildfire damages
Experts say climate crisis was likely responsible for a quarter of the dryness that fueled the fires’ rapid spread. As Los Angeles’s deadly wildfires continue to burn, a group of survivors is ...The Guardian - Jan. 17 -
Bessent's big day
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's Treasury nominee takes center stage Scott Bessent, President-elect ...The Hill - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
Has China already reached peak oil?
The country’s demand for crude seems to be plateauing sooner than expected. The implications are hugeFinancial Times - Jan. 16 -
Big oil pushed to kill bill that would have made them pay for wildfire disasters
Legislation has new life in wake of Los Angeles catastrophe but US fossil-fuel industry is already mobilizing against it. In the year preceding the devastating Los Angeles county wildfires, big oil ...The Guardian - Jan. 15 -
Everything to Know About Big Banks Earnings
Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.Inc. - Jan. 15 -
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil ...MarketWatch - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - Jan. 11 -
Los Angeles is on fire and big oil are the arsonists | Tzeporah Berman
Every barrel of oil, every cubic meter of gas, and every ton of coal burned brings us closer to environmental catastrophe. Apocalyptic flames and smoke are raging through southern California in ...The Guardian - Jan. 11 -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
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 -
Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts. • Business live – latest updates . The six biggest banks in the US have all ...The Guardian - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
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Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
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 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Big Rockets, a Big Telescope and Big Changes in Space Await in 2025
Here are some key events to look forward to in space and astronomy in the year ahead.The New York Times - Jan. 1
