TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

PARAMARIBO (Reuters) – France's TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname's most promising oil and gas project, Block 58, which is expected to…

DirecTV and Dish have spent years trying to merge. It’s finally happening.

Another big media acquisition has finally been confirmed. Satellite TV provider DirecTV (T, TPG) said Monday it will buy rival Dish Network (SATS), including Dish's streaming brand Sling TV, through…

Morning Bid: Milder inflation seen setting up rate cuts

A look at the day ahead in European and global markets from Tom Westbrook European inflation figures are due on Tuesday and the risk is to the downside, which will…

The Fifth Circuit Confirms the DOL’s Authority to Use Salary Basis Test for FLSA Overtime Exemptions

On September 11, 2024, the U.S. Court of Appeals for the Fifth Circuit in Mayfield v. U.S. Department of Labor confirmed that the United States Department of Labor (“DOL”) has the authority…

Fed Drives Global Push to Cut Rates Despite Questions Over 2025

(Bloomberg) — With the last traces of the global inflation shock fading, the shift toward lower borrowing costs is about to maintain momentum as economies tread toward a new year…

Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook

(Bloomberg) — Oil was steady at the start of the fourth quarter as geopolitical risks in the Middle East, with Israel beginning ground raids inside Lebanon, vied with the prospects…

Sleepmaxxing: How TikTok’s Wellness Trend Can (and Can’t) Help You Sleep

Sleepmaxxing is a social media trend that’s growing in popularity. The trend encompasses a range of advice, products, and practices aimed at improving sleep quality. Health experts say some aspects…

Powell Says Fed Not in a Hurry, Will Lower Rates ‘Over Time’

(Bloomberg) — Sign up for the Economics Daily newsletter to discover what's driving the global economy. Most Read from Bloomberg Federal Reserve Chair Jerome Powell said the central bank will…

This week’s economic data could be ‘hugely bullish’ for stocks

Friday's monthly jobs report, along with a slew of other economic data slated for release this week, is likely to drive the stock market even higher if it surprises to…

Dow Jones Today: Stocks Slightly Lower as Major Indexes Poised to Post Monthly, Quarterly Gains

Gold Price Levels to Watch After Record Highs 44 minutes ago Gold futures were down about 0.5% Monday morning, after hitting record highs late last week above $2,700 an ounce.…