Inflation data is incoming. Thursday’s consumer price index release will show how...
Inflation data is incoming. Thursday’s consumer price index release will show how much we got clobbered by inflation in September. Last month, inflation came in hotter than expected, leading to a market rout. Economists hope to see some cooling in “core CPI,” which strips out food and gas prices, this time around.
Earnings Season is Back. Get Ready for Stock Market Volatility.
Earnings season is back. A stock market that’s already on edge could get another...
Earnings season is back. A stock market that’s already on edge could get another jolt of volatility this week as corporations begin to report their Q3 earnings, starting with PepsiCo on Wednesday. These reports will reveal how companies are coping with the Fed’s interest rate hikes.
Good morning. Today is Columbus Day as well as Indigenous Peoples Day, which...
Good morning. Today is Columbus Day as well as Indigenous Peoples Day, which was commemorated as a national holiday for the first time by President Biden last year. Depending on where you live, your state might recognize one of the two holidays—or both.
The NFL and NFL Players Association agreed to change the league’s concussion protocol in response to an injury suffered by Dolphins QB Tua Tagovailoa.
PayPal said that a controversial new policy it posted—a $2,500 fine for users who promote misinformation with the service—was sent “in error.”
EV startup Rivian is recalling almost all of the vehicles it’s made due to a loose fastener it needs to fix.
Anna Sorokin, the swindler who inspired the Netflix show Inventing Anna was released from jail…but she still faces deportation to Germany.
Russian forces launch Kalibr missiles from the Black Sea
Russian forces launched several naval-based Kalibr cruise missiles...
Russian forces launched several naval-based Kalibr cruise missiles from the waters of the Black Sea, in addition to earlier mass-scale missile strikes and drone attacks on Ukraine.
Iranian kamikaze drones were also spotted over Ukraine: 8 coming from Belarus; near Mykolaiv, and in the Zhytomyr and Odesa regions.
Russian planes are also flying low from Chaplynka [in the occupied territory of Kherson Oblast - ed.] deeper into Ukraine. According to the head of the Mykolaiv Oblast Military Administration, there are many of them, but the Ukrainian air defence is working.
U.S. Midwest, Mountain West oil activity declines in third quarter
DENVER (Reuters) - Oil and gas activity in the U.S. Midwest and Mountain West declined in the third quarter,...
DENVER (Reuters) - Oil and gas activity in the U.S. Midwest and Mountain West declined in the third quarter, but remains generally elevated, the Federal Reserve Bank of Kansas City said on Friday in a quarterly survey.
The energy activity index fell to 44 from 57 quarter-over-quarter but remains at one of its highest levels in the survey's history. The decline comes amid fears that a recession and high prices will dampen demand for oil and gas.
Energy firms expressed a slightly more bearish outlook for future business, with the drilling activity index declining to 25 from 50 in the previous quarter. Executives on average said oil prices need to be at $61 a barrel for their businesses to be profitable, and would need an increase to $102 a barrel to prompt a substantial increase in drilling.
