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BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - October 29 -
China's property market is expected to stabilize in 2025 — but stay subdued for years
China's struggling real estate sector may not start turning around until the second half of next year, even with the latest stimulus measures, analysts predict.Business - CNBC - October 30 -
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 - 6 days ago -
Presidential Betting Markets Are a Real-Time Experiment for Regulators—and It Could End Poorly
Billions have been wagered on the presidential election on platforms such as Kalshi and Polymarket. The bets are comically bullish on Trump. Are gamblers about to lose a bunch of money?Business - Inc. - 6 days ago -
Why the bond market may have it entirely backwards on Trump and Harris
A reduction in labor supply would weigh on the U.S. economy, and impact the bond market.Business - MarketWatch - 5 days ago