Oil prices slide after reports of U.S. cease-fire proposal with Iran
President Donald Trump suggested a one-month cease-fire, but some reports say Iran has rejected the deal.
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Commodity Prices Explained Simply: Why They Change
Commodity prices explained simply helps you understand why prices rise and fall, using clear examples and easy-to-follow explanations.
Shell Is Looking to Invest More in Venezuela, CEO Says
Shell CEO Wael Sawan says the UK company may decide on whether to invest in one or two Venezuelan natural gas projects by the year-end. He speaks during a panel discussion at CERA Week in Houston. (Source: Bloomberg)
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The Iran war spills over into the U.S. economy: Inflation rises and growth slows.
The conflict with Iran has already put fresh stress on the U.S. economy, as companies report rising prices, fewer orders and a decline in employment.
Boralex Jumps as Analysts See Potential Deal at $6.3 Billion
Analysts covering Boralex Inc. say potential buyers may have to bid C$39 per share or more in a takeover, representing a premium of over 30% from where the stock was trading before Bloomberg News reported the firm is exploring a sale.
Kalshi Rides March Madness to New Record Despite NCAA Objections
The National Collegiate Athletic Association has pushed to shut down betting on college sports on prediction markets like Kalshi.
Russia Boosts Its Oil Revenues to Four-Year High as Prices Surge
Value of shipments hits most since just after Ukraine invasion, amid higher prices and flows
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America is being haunted by a 1970s bogeyman known as stagflation. Here’s how big the threat is.
In the 1970s, soaring inflation — along with misguided efforts by Washington, D.C., to control it — wreaked havoc on the economy. In just under a decade, from 1973 to 1982, the U.S. suffered three severe recessions.
Europe Pushes for Deal on FRTB Bank Capital Rules by Mid-June
The European Union is seeking to achieve a political deal within less than three months on shielding banks from the full force of new capital rules known as Fundamental Review of the Trading Book, amid concerns about eroding competitiveness.
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Fed rate hikes are a worry as Iran conflict drags on — but borrowing is already more expensive
The uptick in borrowing costs can be traced to higher bond yields since the Iran conflict began in late February, but also to the large financing needs of the AI buildout