Wall Street Traders Suddenly Converge on Economic Hazards Ahead

(Bloomberg) — For those on Wall Street clinging to the bull case on the economy, life is getting harder. Most Read from Bloomberg Troubling data – long foretold in the…

Traders Are Split on Scale of Cuts Before Fed Kicks Off Easing

(Bloomberg) — Investors in the US Treasury market are divided on whether the Federal Reserve will opt for a supersized interest-rate cut later this month — though they still expect…

Can Ozempic Really Lower Your Risk of Severe COVID-19?

A new study has found that taking semaglutide (Ozempic) was linked with less severe COVID-19. People were also less likely to die from any cause while using this drug. Semaglutide…

Queen Guitarist Brian May Reveals He Had Minor Stroke: Warning Signs He Noticed

Brian May, guitarist for the rock band Queen, revealed he recently experienced a minor stroke. Although he is now recovering and in good health, he briefly lost the ability to…

George Washington’s Whisky Distillery, 21st Century Edition

You might think the laws of King Edward I of England (1239-1307), George Washington’s whisky distillery, and an 1807 “Treatise on the Law of Idiocy and Lunacy” have little to…

US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens

By Georgina McCartney HOUSTON (Reuters) – Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery…

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion

By Darya Korsunskaya (Reuters) – Russia's economy ministry has revised up its 2024 forecasts for export sales of oil and gas, key sources of budget revenues, by $17.4 billion from…

Dow Jones Today: Stocks Move Sharply Lower, Led by Tech Selloff, As Investors Digest August Jobs Report

Intel Reportedly Considers Cutting MobilEye Stake 8 minutes ago Shares of MobilEye Global (MBLY) slumped Friday after reports that Intel (INTC) is considering selling off some of its stake as…

US Bonds Climb as Traders Look to Jobs Data to Back Big Fed Cuts

(Bloomberg) — Treasuries rose ahead of a closely watched US jobs report, with speculation mounting that the Federal Reserve will opt for a half-point interest-rate cut this month if the…

August jobs report: Unemployment rate falls to 4.2%, labor market adds 142,000 jobs

The US economy added fewer jobs than expected in August while the unemployment ticked lower. Data from the Bureau of Labor Statistics released Friday showed the labor market added 142,000…