Oil prices show how numb traders have become to US sanctions
(Bloomberg) — A week ago, the US government imposed yet more sanctions on Iran’s oil trade. Crude prices have sagged more than $5 a barrel since. Most Read from Bloomberg…
With $900k in a Roth and $2,200 Monthly Social Security, Is Retiring at 66 Feasible?
A woman looks out of the window in her office and contemplates whether she can afford to retire at 66. SmartAsset and Yahoo Finance LLC may earn commission or revenue…
Fed’s Bostic says he is in no rush to get rates down to neutral
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation does not stall out above the U.S. central…
Fed’s Bostic Says He Favors Patience in Cutting Rates Further
(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said he’s not in a hurry to lower interest rates to the so-called neutral level, emphasizing that policymakers are committed…
The next big AI trade could be nuclear power: Morning Brief
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…
SLB Warns Cautious Oil Explorers Have Slowed Growth in Spending
(Bloomberg) — SLB, the world’s biggest oilfield services provider, warned that spending growth by oil explorers has waned in the past few months as customers take a cautious approach amid…
Netflix will ‘continue to evolve’ its pricing model but loves ‘the low price point’ of its $6.99 ads plan
Netflix (NFLX) isn't planning on hiking its US subscription prices just yet, despite streamers from Disney+ to Peacock all raising their respective prices this year. "We try to think about…
Oil Edges Up With Focus on Middle East After Hamas Leader Death
(Bloomberg) — Oil edged higher, after notching its first gain in five sessions, with eyes on developments in the Middle East after the death of Hamas leader Yahya Sinwar. Most…
Bonds Sell Off as Traders Reprice Fed Rate Cuts: Markets Wrap
(Bloomberg) — A selloff in Treasuries strengthened the dollar and left equities mixed as new signs of economic vigor led traders to trim expectations for US rate cuts. Most Read…
Oil edges up, but on track for biggest weekly loss in over a month
By Florence Tan SINGAPORE (Reuters) – Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were…