Oil Posts Weekly Gain as China, Fed Pause Lift Demand Outlook
Oil rose on Friday, cementing a gain for the week, as macroeconomic trends suggested stronger demand globally.
Oil rose on Friday, cementing a gain for the week, as macroeconomic trends suggested stronger demand globally.
Venezuela’s main opposition groups said they will organize their own presidential primaries independently of the electoral authority when they select a candidate to try to defeat President Nicolás Maduro next year.
Italy’s government stepped in to limit the influence of China’s Sinochem over Formula One supplier Pirelli SpA, citing concern about data collected by sensors in the company’s tires.
While Americans are expected to spend a record $22.9 billion on Father’s Day celebrations this year, the value is being exaggerated by persistent inflation.
Liquidators of Three Arrows Capital want a judge to fine a co-founder Kyle Davies $10,000 per day, claiming their ability to unwind the failed cryptocurrency hedge fund has been impeded by his refusal to cooperate with their investigation into the firm’s collapse.
Customers Bancorp Inc. purchased $631 million of loans that belonged to Signature Bank, the latest example of a financial firm snapping up at a steep discount assets associated with a failed US lender.
NATO countries are increasingly likely to ask Secretary General Jens Stoltenberg to remain for another year as they struggle to reach a consensus on his successor ahead of next month’s summit, according to a person familiar with the matter.
Texas’s grid manager is warning homeowners and businesses that surging heat will push electricity demand to unprecedented levels for at least three consecutive days.
Crypto diehards can’t seem to catch a break, with the rapidly shrinking digital-asset world being pummeled for another week by eroding token prices, fresh regulatory actions and a case of contagion deja vu.
Daniel Ellsberg, the onetime military analyst who carried out one of the most consequential media leaks in history when he revealed the US government’s duplicity during the Vietnam War, has died. He was 92.