OPEC again lowers 2024, 2025 global oil demand growth view

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

Here’s the ‘magical’ moment Goldman Sachs sees for tech stocks

To get big tech stocks powering higher again, it will take the convergence of two factors, says Goldman Sachs' veteran tech analyst Kash Rangan. The magic formula is a steady…

German inflation falls to the lowest level in more than three years

By Maria Martinez BERLIN (Reuters) – German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for…

TikTok’s Dangerous ‘Blackout Challenge’ Can Cause Brain Damage, Death in Less Than 5 Minutes

TikTok’s viral “blackout challenge” (also known as the “choking challenge) is responsible for at least one death this year. The challenge encourages viewers to asphyxiate themselves until they lose consciousness.…

Plaintiff’s Attorney Spencer Sheehan Sanctioned

Spencer Sheehan is a Plaintiff’s attorney who has filed hundreds of class action lawsuits against food companies for allegedly deceptive labeling and marketing. A small percentage of these lawsuits survive…

Australia’s Consumer Pessimism Persists as Economy Stagnates

(Bloomberg) — Australia’s consumer confidence dipped in September due to rising concern about the economic outlook and employment prospects with interest rates at a 12-year-high and expected to remain there…

Oil Steadies as Traders Track Risk-On Tone and Storm Francine

(Bloomberg) — Oil held a one-day gain as a risk-on tone returned to wider financial markets, benefiting commodities including crude, while a storm menaced some supplies in the Gulf of…

As the Season Changes, Don’t Fall Behind: 4 Key Employment Law Trends

As the seasons change, so do manufacturers’ priorities. Fall is typically one of the busiest hiring periods of the calendar year, so many manufacturers are likely bracing themselves for this…

Treasuries Trim Losses as Traders Debate Pace of Fed Rate Cuts

(Bloomberg) — Treasury yields retreated from session highs Monday as investors await US inflation data later this week for further clues on how much the Federal Reserve will cut interest…

Tropical Storm Francine Strengthens, Spurring Oil Shutdowns

(Bloomberg) — Tropical Storm Francine strengthened as it moved north in the Gulf of Mexico, prompting oil drillers to evacuate crews and halt some offshore crude production, while the US…