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Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.MarketWatch - Business -
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures were unable to hold early gains fueled by reports of higher LNG feedgas flows, and the June contract settles down 1.9%.The Wall Street Journal - World -
Milei scores legislative victories in Argentina’s lower house
Tax and state reform bills will face tough challenge in the senate as libertarian president seeks to advance his agendaFinancial Times - Business - Argentina -
Milei scores legislative victories in Argentina’s lower house
Tax and state reform bills will face tough challenge in senate as libertarian president seeks to advance his agendaFinancial Times - World - Argentina -
The insect farmers turning to AI to help lower costs
Makers of insect-based animal feed hope to be able to compete with soybeans on price.BBC News - Top stories -
What Will It Take for the Fed to Lower Interest Rates?
Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.The New York Times - Business - Federal Reserve -
Mercedes-Benz Posts Profit Beat Despite Lower Car Sales
Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.The Wall Street Journal - Business -
Biden administration plans to reclassify marijuana as lower-risk drug
Drug Enforcement Administration seeking to downgrade cannabis from top category to Schedule III, but still short of legalization. The US Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated ...The Guardian - World - Joe Biden -
Argentina president’s scaled-down economic package wins approval in lower house
Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.MarketWatch - Business -
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Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
Bowl leaders hope for CBA to help lower opt-outs
Some bowl leaders are hoping for a collective bargaining agreement with the players that would help significantly lower the number of postseason opt-outs.ESPN - Sports - NFL -
Eurozone Government Bond Yields Edge Lower After Fed Meeting
Eurozone government bond yields declined, trading by 3-4 basis points lower, as they tracked a fall in Treasury yields on Wednesday in the wake of the Fed meeting.The Wall Street Journal - World - Federal Reserve -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
The Price We Pay for Having Upper-Class Legislators
What explains the almost total absence of working-class people from elected positions in state government?The New York Times - Top stories -
Home prices reach record highs again in February
Home prices in February increased by 6.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller national home price index, released Tuesday. In January, home prices jumped by 6 percent year over year, according to the index, the ...The Hill - Politics -
Oil Extends Losses on U.S. Inflation Concerns
Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting interest rates anytime soon.The Wall Street Journal - World -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
Yousaf says he 'paid price' for upsetting Greens
But the outgoing first minister insists he was right to tear up the government's power-sharing agreement.BBC News - Top stories -
Luxury carmaker Aston Martin slumps 6% as losses nearly double
Adjusted loss before tax was £110.5 million ($137.8 million) compared to a loss of £57.3 million the previous year.CNBC - Business -
The U.S. birth rate has never been lower. Here’s what that means for stocks.
Americans aren’t having as many kids, but the economy can handle that — for now.MarketWatch - Business -
U.S. Crude Oil Inventories Post Big Build Amid Lower Refinery Runs
Commercial crude oil stockpiles rose by 7.3 million barrels last week, after analysts had predicted a 1.5 million barrel decrease.The Wall Street Journal - World -
Food and drinks giants flag price pressure on low-income consumers
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflationFinancial Times - Business -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
TAG Heuer Kith Formula 1 Watch 2024: Prices, Specs, Availability
Move over MoonSwatch—in a collaboration with Kith, TAG is reissuing 10 pimped versions of its classic plastic sports watch. And, yes, they will be available online (if you're fast enough).Wired - Tech -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - World - United Kingdom -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - World - China -
Mulvaney: More government intervention won’t ‘fix’ housing prices
Experience should have taught us by now that more government “fixes” at the local and federal levels will only make the problem worse.The Hill - Politics