OPEC cuts 2024, 2025 global oil demand growth view again

By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection…

Brazil Analysts Lift Interest Rate Forecasts as Inflation Picks Up

(Bloomberg) — Brazil analysts raised their key rate forecasts for next year after inflation sped up and President Luiz Inacio Lula da Silva reignited fears of even looser fiscal policy…

Chinese Stocks Gain in Volatile Trade, Oil Falls: Markets Wrap

(Bloomberg) — Chinese shares erased a drop to advance in volatile trading as investors weighed the impact of measures announced by the Finance Ministry to revive growth. Most Read from…

Fed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so far

The start of the Federal Reserve's rate cuts last month was expected to bring bond yields down—and take some pressure off the spiraling U.S. debt burden. Last month, Apollo Global…

Volatile Bond Market Puts Traders on Defense Amid Fed-Cut Doubts

(Bloomberg) — Bond investors are going on defense as the outlook for the Federal Reserve’s interest-rate cutting path turns more uncertain. Most Read from Bloomberg The combination of sticky inflation…

Is It the End of the False Claims Act As We Know It? District Court Rules Qui Tam Provisions Unconstitutional

In a first-of-its-kind ruling on 30 September 2024, Judge Kathryn Kimball Mizelle of the US District Court for the Middle District of Florida held in United States ex rel. Zafirov v.…

Tesla stock selloff after robotaxi event could be just the beginning, pros warn

Fundamentals over hype. Indeed that’s the lesson for Tesla (TSLA) investors after the EV maker’s disappointing robotaxi event exposed a disconnect between the stock’s lofty valuation and reality. CFRA analyst…

Author explains how to become a ‘likeable badass’

The key to success — skip power and shoot for status. “Your status is the way people see you and how much you are respected, admired, and valued,” said Alison…

The new reality for big food stocks: Shrinkflation, upset shoppers, and excessive meat sticks

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…

How Trump could exert new controls over the Fed — even without firing Powell

Donald Trump and his allies have floated ideas suggesting that Federal Reserve independence could be compromised if the GOP nominee wins, from firing Chairman Jerome Powell to the president having…