Good morning. The tense mood in France ahead of the...
Good morning. The tense mood in France ahead of the Paris Olympics will only worsen. Just hours before the Opening Ceremony later today, the high-speed rail network was hit with coordinated arson attacks that have “severely disrupted” traffic along three train lines, the National Railway SNCF said. It advised travelers to postpone their trips if possible and canceled many trains.
France has deployed the largest peacetime security operation in its history to secure the Olympics, dispatching up to 45,000 police, 10,000 soldiers, and 22,000 private security guards. The Opening Ceremony begins at 1:30pm ET along the Seine River—the first time it’s been held outside of a stadium.
California news: Gov. Gavin Newsom ordered state agencies to clear homeless encampments following June’s controversial Supreme Court ruling. Meanwhile, the state Supreme Court allowed Uber and Lyft to continue treating its drivers as independent contractors.
American Express refreshed its Gold card for the first time since 2018, adding new perks like credits at Dunkin’ and Resy restaurants.
President Biden and Vice President Harris separately met with Benjamin Netanyahu after the Israeli prime minister’s speech to Congress was met with fierce protests. Former President Trump is set to meet with Netanyahu today in Florida.
Warner Bros. Discovery is reportedly suing the NBA in a widely expected move after the league refused its matching bid for TV rights.
The Disney+-Hulu-Max bundle will cost $17 a month with ads and $30 without, a 38% reduction from buying all three streaming services on their own.
Climate activists in Germany glued themselves to runways, forcing the cancellation of 140 flights.
$27.5M grant kickstarts Pacific Northwest Hydrogen Hub
The Pacific Northwest Hydrogen Hub planned for Washington, Oregon and...
The Pacific Northwest Hydrogen Hub planned for Washington, Oregon and Montana has become the second US regional clean hydrogen hub to move into phase one after securing the first, $27.5 million slice of an up to $1 billion Energy Department grant. The project's first phase will involve 12 to 18 months of planning, permitting and analysis activities.
Benchmark U.S. crude oil for September delivery...
Benchmark U.S. crude oil for September delivery rose 69 centsto $78.28 per barrel Thursday. Brent crude for September delivery rose 66 cents to $82.37 per barrel.
Wholesale gasoline for August delivery rose 2 cents to $2.47 a gallon. August heating oil also rose 2 cents to $2.47 a gallon. August natural gas fell 8 cents to $2.04 per 1,000 cubic feet.
Dow ends higher, Nasdaq logs 3-day drop on Big Tech retreat
The Dow posted modest gains, but the Nasdaq and S&P 500 booked a...
The Dow posted modest gains, but the Nasdaq and S&P 500 booked a third straight day of losses, as investors remained cautious ahead of Friday's inflation update.
The Dow Jones Industrial Average gained 81.20 points, or 0.2%, ending at 39,935.07, according to preliminary FactSet data. It was up about 500 points at the session high.
The S&P 500 shed 27.91 points, or 0.5%, closing at 5,339.22 and logging a third day in a row of declines.
The Nasdaq Composite fell 160.69 points, or 0.9%, finishing at 17,181.72 and booking a third day in a row of losses.
According to Dow Jones Market Data, the S&P 500 is in the midst of its worst three-day drop since October 2023.
The small-cap benchmark Russell 2000 gained 1.3%, outperforming large-cap stocks.
EQT looks to sell more Pa. assets in debt reduction push
EQT is pursuing a sale of its remaining 60% non-operated interest in...
EQT is pursuing a sale of its remaining 60% non-operated interest in northeast Pennsylvania assets to cut debt from its $5.45 billion acquisition of Equitrans Midstream. This follows an earlier sale of a 40% stake in its northern Marcellus Shale assets to Equinor, which helped the company retire roughly $600 million in senior notes.
