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• Hurricane Lee lashing Bermuda before striking coastal New England and Atlantic Canada
  Hurricane Lee began to unleash strong winds on Bermuda Thursday morning, ahead of a track that will bring...
  Hurricane Lee began to unleash strong winds on Bermuda Thursday morning, ahead of a track that will bring heavy rain, wind, and coastal flooding from the massive storm to coastal New England and Atlantic Canada Friday and through the weekend.
  
  Tropical storm-force wind gusts slammed Bermuda Thursday morning and heavy rain was due to arrive later in the morning. An island-wide tropical storm warning is in effect for Bermuda as Lee tracks west of the island on Thursday.
  
  Lee’s winds could begin to buffet portions of New England as early as Friday evening as the storm’s center is expected to pass close to the region’s southeast before barreling near or over Maine and Atlantic Canada over the weekend as a “large and dangerous cyclone,” according to the hurricane center.
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• U.S. retail sales climb for fifth straight month — but rising gas prices are key
  The numbers: Sales at U.S. retailers rose 0.6%...
  The numbers: Sales at U.S. retailers rose 0.6% in August despite a hangover for Internet stores after the Amazon Day sales event, but most of the increase was tied to higher gasoline prices.
  
  Sales had been forecast to rise just 0.1% last month after a larger gain in July, when Amazon AMZN, +2.56% recorded its biggest day of sales ever. Other retailers also held sales and saw strong activity that month.
  
  Big picture: A burst of momentum in the economy over the summer is likely to fade due to higher interest rates, but there’s little evidence to suggest a recession is on the way. Americans are still spending plenty of money.
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• EIA reports weekly gains in U.S. crude, gasoline and distillate supplies
  The Energy Information Administration on Wednesday reported that U.S....
  The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories rose by 4 million barrels for the week ended Sept. 8. On average, analysts expected a crude inventory decline of 1 million barrels, according to a survey conducted by S&P Global Commodity Insights. The EIA report also revealed supply increases of 5.6 million barrels for gasoline and 3.9 million barrels for distillates. Analysts had forecast a weekly inventory decline of 1.4 barrels for gasoline, while distillate supplies were expected to be flat for the week. Crude stocks at the Cushing, Okla., Nymex delivery hub are down by 2.4 million barrels for the week, the EIA said.
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• APA Corp. Declares Regular Cash Dividend
  Houston-based E&P APA Corp. has declared...
  Houston-based E&P APA Corp. has declared a regular cash dividend of $0.25 per share of the company’s common stock.
  
  The dividend is unchanged from the company’s Aug. 22 payout of $0.25.  The dividend will be payable Nov. 22 to stockholders of record Oct. 23.
  
  The dividend is part of a trend of energy companies using their hefty free cash flows for robust returns of capital to shareholders.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for October delivery...
  Benchmark U.S. crude oil for October delivery fell 32 cents to $88.52 a barrel Wednesday. Brent crude for November delivery fell 18 cents to $91.88 a barrel.
  
  Wholesale gasoline for October delivery rose 1 cent to $2.74 a gallon. October heating oil rose 11 cents to $3.44 a gallon. October natural gas fell 6 cents to $2.68 per 1,000 cubic feet.
  
  
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