Tag: Breaking News: Markets
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Oil extends losses as Saudi Arabia reportedly offers ship-to-ship crude transfers after pipeline hit
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
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‘Hostile act’: Trump threatens EU with tariffs over Canada associate-membership proposal
European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc.
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Stock futures are little changed after Fed’s rate hike spurs a market sell-off: Live updates
In a widely anticipated move, the Fed raised the overnight funds rate by a quarter percentage point and signaled another hike could come this year.
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Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation
The Fed should have hiked rates by half percentage point rather than a quarter, the investor told CNBC.
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Fed delivers its first hike in 3 years. Plus, what’s moving Starbucks and GE Vernova
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Here is what changed in the new Fed statement under Warsh
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in July.
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Fed approves interest rate hike, signals one more to come this year
The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
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Lagging sector looks poised for a rebound. Here’s how Mike Khouw is trading it
Quietly, the communications sector has started to claw back some of the year’s underperformance.
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Continental Resources to develop massive oil patch in Venezuela
Continental said it will develop and operate a patch in the Orinoco Belt that spans 126,000 acres and possesses an estimated 30 billion barrels of reserves.
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‘Science fiction’: Transport companies — the backbone of economy — are sounding alarm on fuel prices
Prices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday.
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