Economy

Gold at $10,000? Market watchers hold firm on forecasts despite bullion bear market slide

liberal

Gold at $10,000? Market watchers hold firm on forecasts despite bullion bear market slide

Gold's sharp selloff may have pushed the metal firmly into bear market territory, but some market veterans are sticking to ambitious long-term forecasts.

5 months ago

economy

Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries

conservative

Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries

Shock aerial footage shows massive fire at Valero refinery in Port Arthur, Texas.

5 months ago

economy

Gold prices are steady after heavy sell-off

liberal

Gold prices are steady after heavy sell-off

The spot gold price began to settle but remained subdued on Tuesday after a tumultuous start to the week, establishing a level around $4,370 per troy ounce.

5 months ago

economy

Oil rises, with Brent climbing back above $100 as optimism fades over Iran war de-escalation

liberal

Oil rises, with Brent climbing back above $100 as optimism fades over Iran war de-escalation

Oil prices traded higher on Tuesday, with international benchmark Brent crude climbing back above $100 per barrel.

5 months ago

economy

Estée Lauder is in talks to merge with Puig amid ongoing turnaround plan

liberal

Estée Lauder is in talks to merge with Puig amid ongoing turnaround plan

Estée Lauder said Monday the company is in talks to potentially merge with Spanish beauty company Puig.

5 months ago

economy

Jet fuel jump is a buying opportunity for a great airline comeback story, says Tim Seymour

liberal

Jet fuel jump is a buying opportunity for a great airline comeback story, says Tim Seymour

The investor lays out the case for this best-in-class airline for the long term.

5 months ago

economy

Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says

liberal

Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says

Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz.

5 months ago

economy

The stock market sell-off was deeper than it looked. And that bodes well for a future comeback

liberal

The stock market sell-off was deeper than it looked. And that bodes well for a future comeback

The S&P 500's price-to-earnings ratio shows the drawdown was actually more intense than it seemed. That's good news for investors looking for a recovery rally.

5 months ago

economy

US to pay almost $1bn to French energy company to kill wind project plan

liberal

US to pay almost $1bn to French energy company to kill wind project plan

Trump administration announces deal with TotalEnergies to redirect investment in wind to oil and gas instead

5 months ago

economy

Social Security 'doesn't allow most Americans to build wealth,' BlackRock's Larry Fink says

liberal

Social Security 'doesn't allow most Americans to build wealth,' BlackRock's Larry Fink says

Social Security is "one of the most effective poverty-prevention programs in history," but it could be improved, BlackRock CEO Larry Fink wrote in a new letter.

5 months ago

economy

What investor Stephanie Link is buying as stocks rip higher to start the week

liberal

What investor Stephanie Link is buying as stocks rip higher to start the week

Stephanie Link singled out a financial services stock and a casino operator as two of her current investing plays.

5 months ago

economy

Chevron CEO says Iran war impact isn't fully priced into oil market, traders have ‘scant information’

liberal

Chevron CEO says Iran war impact isn't fully priced into oil market, traders have ‘scant information’

Chevron CEO Mike Wirth said the physical supply of oil is much tighter than the oil futures market suggests.

5 months ago

economy