Oil Extends Losses Amid Hormuz Opening Speculation
(RTTNews) – Oil prices extended losses on Thursday, after having fallen nearly 8 percent in the previous session on optimism over a potential U.S.-Iran peace deal.
(RTTNews) – Oil prices extended losses on Thursday, after having fallen nearly 8 percent in the previous session on optimism over a potential U.S.-Iran peace deal.
A heavier representation by tech stocks and exposure to new industries has made South Korea’s index a worldbeater in 2026 while Canada has a greater representation by traditional industries like banking.
In some circles on Wall Street, the hottest debate isn’t about a tech-stock bubble or $100 oil as the new norm. It’s whether 30-year Treasury yields will mount a sustained push over 5%.
Vestas beat analysts estimates for profits in the first quarter of the year, as demand for wind turbines increased. CEO Henrik Andersen joined Bloomberg’s The Opening Trade to discuss the outlook for the Danish renewable energy company, as the global energy crisis caused by the Iran war underlines the need for governments to prioritize energy security and supplies closer to home. Andersen says Europe requires more home-grown and independent energy suppliers, which bodes well for Vestas. (Source: Bloomberg)
Prediction markets have promised traders more accurate, real-time forecasts on crucial economic data releases.
“I own my home and I have no debt.”
A conversation with the mayor of Allentown, Pennsylvania.
Alex Rodriguez and Jason Kelly talk with AJ Andrews on baseball’s momentum, softball’s growth and why storytelling and authenticity are key to building the next generation of fans. (Source: Bloomberg)
The residents of Allentown are still sore about that Billy Joel song. While it’s true the Pennsylvania city became synonymous with deindustrialization after the US steel industry began its decline in the 1970s, Allentown should be known for more: In the 1950s, for instance, some of the first mass-produced transistors were made in the city, which were the precursor of today’s semiconductors. The city is also a unique logistics and e-commerce hub — it’s a day’s drive from nearly 40 percent of the