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.…

The Corporate Transparency Act Requires Reporting of Beneficial Owners

The Corporate Transparency Act (the “CTA”) became effective on January 1, 2024, requiring many corporations, limited liability companies, limited partnerships, and other entities to register with and report certain information…

Oil forecasts cut for 5th straight month on demand, OPEC uncertainty

By Sherin Elizabeth Varghese (Reuters) – Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s plans, with prices expected…

Big US oil companies reveal massive payments to foreign governments

(Reuters) – The three largest US energy exploration companies paid more than $42 billion to foreign governments last year, about eight times more than what they paid in the United…

Zombie Tanker Turns Up at Northern Chinese Port Laden With Oil

(Bloomberg) — Singapore-flagged oil tanker EM Longevity made its final voyage almost three years ago, after more than two decades at sea. Earlier this month, ship-tracking data showed it arriving…