Exxon still sees fossil fuels as majority of energy market in 25 years
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images Oil and natural gas will still make up more than half …
Breaking News: Markets
European markets open to close, earnings, data and news
The Euronext NV stock exchange in Paris. Nathan Laine | Bloomberg | Getty Images LONDON — European stocks closed in mixed territory Monday, as traders digested rising tensions in the …
WTI, Brent rise on Middle East tensions
U.S. crude oil futures gained 3% on Monday amid reports of a production halt in Libya and after Israel and Hezbollah traded a barrage of strikes across the Lebanon border. …
UBS’ Ermotti may have pulled off deal of the decade with Credit Suisse rescue
UBS CEO Sergio Ermotti on Tuesday, May 7, 2024. Bloomberg | Bloomberg | Getty Images After an intense weekend of negotiations in March 2023, Swiss banking giant UBS agreed to …
Why you must keep faith in Nvidia even if earnings fail to wow
On Aug. 5, we awoke to a market upside-down. Japanese stocks, so strong this year, had crashed, literally crashed, down 12%, a hideous decline, worst since 1987. Oddly, there was …
Israel-Hezbollah strikes, Powell Jackson Hole
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | …
2 big tests ahead will determine if last week’s stock market excitement was warranted
Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest reading on the Federal Reserve’s favorite inflation gauge. Fed Chairman …
2 reasons why Disney’s stock is worth buying despite a theme-park slowdown
People are increasingly skipping out on trips to Disney’s iconic theme parks, but that’s not holding back the company’s plans of enormous spending to expand the business. Disney offered encouraging …
10-year Treasury yield slides after Powell remarks point to Fed rate cuts
The U.S. 10-year Treasury yield fell Friday as Federal Reserve Chair Jerome Powell signaled at the annual Jackson Hole symposium that the central bank will soon begin cutting interest rates. The …
‘More restrictive policy’ may still be needed
Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024. Bloomberg | Bloomberg …