FTC set to greenlight Chevron’s $53 billion buy of oil rival Hess, sources say

By Sabrina Valle (Reuters) -The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the…

Oil Edges Higher as Israeli Strikes on Lebanon Raise Nervousness

(Bloomberg) — Oil edged higher after Israel launched airstrikes on Lebanon that killed nearly 500 people and raised fears of a full-blown war in the Middle East. Most Read from…

Excessive Alcohol Use Linked with Higher Risk for 6 Types of Cancer

Six types of cancer have been linked with excessive alcohol consumption, including breast, colorectal, and liver cancer, research shows. In 2019, 5.4% of cancers in the United States were attributed…

California Poised to Further Regulate Artificial Intelligence by Focusing on Safety

Looking to cement the state near the forefront of artificial intelligence (AI) regulation in the United States, on August 28, 2024, the California State Assembly passed the “Safe and Secure…

Microsoft stock receives rare downgrade as analyst says it’s ‘beholden’ to Nvidia

Microsoft (MSFT) received a rare Wall Street downgrade on Monday over concerns the tech giant's AI lead is diminishing while it has become too reliant on Nvidia (NVDA) for its…

Fed Officials Leave Door Open to Another Large Interest-Rate Cut

(Bloomberg) — A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on the US economy.…

Dow Jones Today: Major Indexes Move Higher; Dow Hits New Record

Palantir, Dell Join S&P 500 45 minutes ago Shares of Palantir Technologies (PLTR) rose while those of Dell Technologies (DELL) fell slightly Monday morning as the stocks joined the benchmark S&P…

Neel Kashkari Backed Fed’s Large Cut and Another Half-Point This Year

(Bloomberg) — Federal Reserve Bank of Minneapolis President Neel Kashkari signaled he backs lowering interest rates by another half percentage point by year end in an essay detailing his support…

US Stock Futures Fluctuate Before Fed Speakers: Markets Wrap

(Bloomberg) — US equity futures pointed to small gains at the Wall Street open as traders await fresh signs on the scope for further easing after last week’s jumbo interest-rate…

Gold Steady Near Record High Before Data That May Give Fed Clues

(Bloomberg) — Gold steadied near a record, with upcoming US data expected to give clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in…