Natural gas prices soar as cold snap blasts across the U.S.
Snow plows work to clear Interstate 235 John MacVicar Freeway in Des Moines, Iowa, on Jan. 12, 2024. Chip Somodevilla | Getty Images Natural gas prices soared Tuesday, as heating demand is expected to spike due to a blast of frigid weather across the U.S. Prices surged 25%, or 78 Continue Reading
Ray Dalio fears ‘capital wars’ due to Trump actions, with nations dumping U.S. assets
Billionaire investor Ray Dalio warned Tuesday that President Donald Trump’s aggressive political direction could spark a new phase of global financial conflict, as foreign governments and investors reconsider their appetite for U.S. assets amid rising unease and economic tensions. “On the other side of trade deficits and trade wars, there are Continue Reading
Chevron gets JPMorgan upgrade, citing Hess integration and cost reductions
JPMorgan upgraded Chevron on Tuesday, praising the oil major’s integration of Hess Corporation and its implementation of cost-cutting measures. The bank now rates Chevron as overweight and gives its a 12-month price target of $176, suggesting about 6% upside from Friday’s close. Chevron has achieved its initial target of $1 Continue Reading
Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
Federal Reserve Chair Jerome Powell shouldn’t attend upcoming Supreme Court arguments regarding President Donald Trump’s efforts to fire one of the central bank’s governors, Treasury Secretary Scott Bessent said Tuesday. CNBC reported Monday, citing a person familiar with the matter, that Powell plans to be present for oral arguments in Continue Reading
Netflix amends Warner Bros. Discovery offer to all cash
A Netflix building in Hollywood, California, Dec. 17, 2025. Zeng Hui | Xinhua News Agency | Getty Images Netflix has adjusted its offer for Warner Bros. Discovery’s studio and streaming assets to an all-cash bid, according to an SEC filing Tuesday. Netflix now plans to pay $27.75 per WBD share Continue Reading
Stocks making the biggest moves premarket: NVDA, JBHT, MMM, MU
Check out the companies making headlines before the bell: Nvidia — The chipmaker dropped around 2% to lead tech shares lower, with traders trimming positions in the AI giant as global trade tensions escalate following President Donald Trump’s latest tariff threat over Greenland. J.B. Hunt Transport Services — The transportation Continue Reading
India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
NEW DELHI, INDIA – JANUARY 19: (—-EDITORIAL USE ONLY – MANDATORY CREDIT – âPRESS INFORMATION BUREAU/ HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS—-) Indian Prime Minister Narendra Modi welcomes United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan in New Delhi, India Continue Reading
China real estate slump to drag on prices are still 40% above bottom
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sam Radwan of ENHANCE International, says sentiment in China towards the real estate market remains bearish and the downturn would likely continue to 2030 or beyond. He predicts a further 40% correction by then. While policymakers do Continue Reading
China keeps benchmark lending rates unchanged despite slowing economic growth
BEIJING, CHINA – JANUARY 06: The People’s Bank of China (PBOC) building is seen on January 6, 2025 in Beijing, China. Visual China Group | Getty Images China’s central bank kept its loan prime rates unchanged on Tuesday as the authorities focus on targeted support for specific sectors to bolster Continue Reading