• August 28, 2024

Ecuador's citizens voted to stop oil drilling in heart of Amazon. A year later, it hasn't happened

BOGOTA, Colombia (AP) — It's been a year since the people of Ecuador voted to halt oil drilling in a national park in the heart of the country's share of the Amazon, and nothing has been done to sta...

Read More

• August 28, 2024

Gap to report Q2 sales growth as the 55-year-old company strives for a comeback

Gap ( GAP ) is set to post positive sales growth for the second quarter in a row as it attempts to reinvigorate its brands. On Thursday after market close, the company is expected to post Q2 re...

Read More

• August 28, 2024

Gold (XAU/USD) and Silver (XAG/USD) Drift as US Dollar Pares Recent Losses

Gold (XAU/USD) and Silver (XAG/USD) Analysis and Charts The US dollar Index (DXY) is around 0.4% higher in European trade after steadying around a 9-month low this week....

Read More

• August 28, 2024

Oil retreats as demand concerns offset Libya supply risks

By Arunima Kumar (Reuters) -Oil prices fell more than 1% on Wednesday on persistent concern over Chinese demand and elevated risks of a broader slowdown, though the decline was capped by potentia...

Read More

• August 28, 2024

Russian Steel Bucks Global Downturn as War Economy Drives Demand

(Bloomberg) -- Weak Chinese demand is depressing the global steel market, but Vladimir Putin’s war economy has made Russia a striking exception. The Kremlin’s invasion of Ukraine has stimulated t...

Read More

• August 28, 2024

Best Buy expected to post sluggish sales as consumers hold out for AI-enabled products

Best Buy ( BBY ) is expected to post another quarter of sluggish sales as consumers push off big-ticket purchases. On Thursday before the market open, the company is expected to post a 3.62% de...

Read More

• August 28, 2024

Red Sea Oil Disaster Risk as US Says Houthi-Hit Tanker Leaks

(Bloomberg) -- An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking, raising the specter of environmental disaster, a Pentagon sp...

Read More

• August 28, 2024

Why Kamala Harris's approach to capital gains is generating so much controversy

A top business world critique of Kamala Harris since becoming the Democratic nominee is her endorsement of plans from the Biden administration that would reshape how the assets of America's richest ...

Read More

• August 28, 2024

Stock market today: US futures stall as investors bide their time ahead of Nvidia earnings

US stock futures stalled on Wednesday as investors bided their time ahead of chipmaker Nvidia's ( NVDA ) earnings report, seen as crucial to keeping confidence in the broader market aloft. Dow ...

Read More

• August 28, 2024

Companies are leveraging new Supreme Court rulings to weaken DC's power

Companies are not wasting any time trying to weaken federal rules in the wake of some key Supreme Court decisions that reined in the power regulators have to intervene in many industries. In ju...

Read More