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• Oklahoma AG to monitor natural gas market during frigid weather
  Oklahoma Attorney General Gentner Drummond announced Friday...

  Oklahoma Attorney General Gentner Drummond announced Friday that his office will be monitoring natural gas supply and marketing activity during the frigid weather expected over the next few days.

  
  

  With bone-chilling temperatures in the forecast, Drummond said he wants to ensure Oklahomans are not exploited as they were during Winter Storm Uri.

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• 🤖Google’s the latest tech giant to conduct mass layoffs
  A day after Amazon laid off hundreds of employees in its streaming divisions, Google cut about ...
  A day after Amazon laid off hundreds of employees in its streaming divisions, Google cut about a thousand roles across its Assistant and core engineering teams, The Verge reported. The company is also reportedly removing 17 “underutilized” features from its voice-activated Google Assistant software, which launched in 2016 to compete with Apple’s Siri and Amazon’s Alexa. Google announced last year that it would integrate its generative AI chatbot, Bard, into Assistant.
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• ☕️What Else is Brewing Friday Morning
  Cutoff Patriots sweatshirts are about to become collector’s items. Bill Belichick announced yesterday...
  Cutoff Patriots sweatshirts are about to become collector’s items. Bill Belichick announced yesterday that he is stepping down as New England Patriots head coach after 24 years.
  
  Belichick had a legendary tenure, which included six Super Bowl titles in nine appearances with the Pats, a record 31 postseason wins, and multiple years as the highest-paid coach in US professional sports. Between 2001 and 2019, Belichick and QB Tom Brady made magic together: The Patriots won 76% of regular season games, transforming from a struggling franchise into one of the greatest sports dynasties of all time.
  
  Goldman Sachs reportedly shut down its diversity investment program after fulfilling its $1 billion pledge.
  
  Fruit Stripe gum was discontinued after 50 years in a blow to nostalgic chewers everywhere.
  
  Sperry was sold to Authentic Brands Group, the brand management firm that owns Reebok, for $130 million.
  
  Iran seized an oil tanker bound for Turkey in the Gulf of Oman in retaliation for the US confiscating the same ship and its oil last year.
  
  Jewish students at Harvard sued the school, arguing that it didn’t do enough to punish antisemitic protesters and faculty.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for February delivery...
  Benchmark U.S. crude oil for February delivery rose 65 cents to $72.02 per barrel Thursday. Brent crude for March delivery rose 61 cents to $77.41 per barrel.
  
  Wholesale gasoline for February delivery rose 4 cents to $2.11 a gallon. February heating oil rose 7 cents to $2.67 a gallon. February natural gas rose 6 cents to $3.10 per 1,000 cubic feet.
  
  
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• U.S. stocks fight back to a draw, with Dow recovering after early 271-point drop
  (Thursday market close) The major U.S. equity benchmarks ended mixed Thursday after...
  (Thursday market close) The major U.S. equity benchmarks ended mixed Thursday after a slightly stronger-than-expected Consumer Price Index (CPI) report sparked a mild flare-up in inflation concerns and raised questions about whether the Federal Reserve is about to embark on a series of interest rate cuts, as many investors expect.
  
  Early Thursday, the Labor Department reported the overall and core rates of CPI each rose 0.3% in December from November, both above expectations for increases around 0.2%. Compared to year-ago levels, overall CPI also accelerated slightly, posting a 3.4% increase in December versus a 3.1% gain in November.
  
  The report "highlights that the path to 2% inflation is likely to be bumpy and not a straight line down," said Cooper Howard, director of fixed income Strategy at the Schwab Center for Financial Research.
  
  He noted that market indicators continued to convey odds of a Fed rate cut in March above 60%, even after Thursday's CPI report. However, "we expect the Fed to take a methodical approach in cutting rates this year and look for three to four rate cuts, depending on how the economic data develops," Howard added.  Here's where the major benchmarks ended:
  
  The S&P 500^® index (SPX) fell 3.21 points (0.1%) to 4,780.24; the Dow Jones Industrial Average^® (DJI) gained 15.29 points to 37,711.02; the Nasdaq Composite^® (COMP) rose 0.55 point to 14,970.19.
  
  The 10-year Treasury note yield dropped about 4 basis points to 3.988%.
  
  The Cboe^® Volatility Index (VIX) fell 0.25 to 12.44.
  
  Source: Charles Schwab
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