Economy

Puig stock soars 13% after Estée Lauder confirms takeover talks with Charlotte Tilbury maker

Shares of Puig Brands closed 13.4% higher Tuesday after beauty peer Estée Lauder confirmed it is in talks about merging the two companies.

European stocks close higher as Iran war uncertainty lingers

Shares listed in Europe finished higher on Tuesday, as investors continue to monitor developments in the Middle East.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.