Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
Airbus Comes Slightly Short of Plane Delivery Target Amid Supply-Chain Bottlenecks
The European plane maker delivered fewer aircraft than expected last year as persisting supply-chain hurdles weighed on ...
Instacart Is Joining the S&P MidCap 400. Its Stock Is Rising.
Instacart's stock was recently up about 4.5%. The rise followed the announcement last yesterday that the company, also known as Maplebear ( CART ), will join the S&P MidCap 400 index starting with ...
Corn Futures Rise After WASDE Shows Tighter Supply Picture - Daily Grain Highlights
CBOT grains rose sharply following the release of this month's WASDE report from the USDA. Demand outlooks from the USDA showed growth, this while supply outlooks were reduced due to weather issues ...
Washington Post traffic craters, loses $100M amid identity crisis as talent, readers flee: reports
The Washington Post’s readership reportedly cratered during Joe Biden’s presidency — and the Jeff Bezos-owned broadsheet lost ...
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can't afford a Bloomberg subscription.
According to Bloomberg's website, an annual subscription normally costs GBP235 but at the moment is available for GBP115. Jones may have believed the story was only available on the company's terminal ...
Fed's Waller Expects Milder Inflation, More Rate Cuts
It is too soon to declare an end to the Federal Reserve’s rate cuts, governor Christopher Waller said in remarks prepared for delivery Wednesday at a conference in France. Waller said he expects ...
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It’s Open Season on the Washington Post
Ashley Parker, Michael Scherer, Josh Dawsey, Tyler Pager — have announced their departures from the paper in recent weeks, ...
Oil rises on signs of tighter market; key Chinese port said to ban U.S.-designated vessels
Crude oil futures finished higher Tuesday, resuming the rally that started the year, supported by expectations that demand will be helped by Chinese economic stimulus and in the short term by winter ...
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
U.S. oil production was down by 10,000 barrels at 13.56 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub fell by 2.5 million ...
Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise
Oil futures struggled for direction on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...
Port strike averted on East and Gulf coasts, in what both sides call 'win-win agreement'
A union that represents thousands of workers on the East and Gulf coasts reached a tentative six-year agreement with their employers, according to a joint statement released on Wednesday, potentially ...