adminCommentary: A wider Middle East war doesn’t have to mean higher oil and gas prices
Oil prices (CL=F, BZ=F) jumped about 2.5% after Iran blitzed Israel with several hundred ballistic missiles on Oct. 1. Israel seems certain to retaliate, and Iran could re-retaliate, which basically…
Debate highlights: Walz and Vance’s biggest economic battles
The economy had a starring role in the first, and likely only, vice presidential debate between Minnesota Gov. Tim Walz and Senator JD Vance Tuesday night, with both candidates positioning…
Oil Extends Surge as Israel Vows Retaliation After Iran Strike
(Bloomberg) — Oil surged for a second day after Iran fired about 200 ballistic missiles at Israel, drawing a vow of retaliation from Prime Minister Benjamin Netanyahu and raising the…
Oil, Haven Assets Rise After Iran Strikes Israel: Markets Wrap
(Bloomberg) — Oil and haven assets advanced after Iran fired a barrage of missiles at Israel, with the flight to safety sending US stocks lower on Tuesday. Most Read from…
Fed terminates 2013 money-laundering enforcement action against Citigroup
WASHINGTON (Reuters) – The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup over shortcomings in its capacity to police money laundering.…
Chile’s Economic Activity Disappoints, Supporting Rate Cuts
(Bloomberg) — Chile’s economic activity unexpectedly contracted in August on a decline in services, corroborating the central bank’s message that more interest rate cuts are on the way. Most Read…
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…
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…
