Companies are gearing up for exploration drilling in deepwater blocks offshore Uruguay in the hope that the South Atlantic margin offshore South America could hold a lot of oil, similar to the recent discoveries offshore Namibia in Africa.
Global foreign investment rose last year, the UN said Tuesday, but warned that this years outlook is clouded by trade policy uncertainty and geopolitical tensions.
Federal Reserve Bank of Dallas President Lorie Logan said on ?Thursday a shift to central clearing in central bank ?monetary policy operations would likely be a benefit to the financial system.
Oil prices rose more than a dollar a barrel in post-settlement trade on Wednesday after ?the U.S. military began launching fresh strikes on Iran.
Buried in the Federal Reserves June policy statement—the shortest of Kevin Warshs young tenure as chair—is a single sentence with no qualifiers, no hedges, and, according to at least one longtime Fed watcher, more signal than anything in the minutes rel
Despite a wild ride in March, the first half of 2026 is shaping up as another stellar year for Wall Street. Through the closing bell on June 29, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQIND
Oil prices have dropped back to pre-war levels since the United States and Iran agreed to negotiate a deal under a framework that included the reopening of the Strait of Hormuz.
For decades, countries have been competing by setting up larger energy sectors, deeper ports, or stronger digital economies. That era is ending. The emerging global economy, even if it being fractured, is no longer defined by excellence in individual sect
The oil majors are set for windfall earnings for the second quarter, which saw crude oil prices jump to a four-year high due to the closure of the Strait of Hormuz.
Theres no shortage of hot topics for investors to debate at the start of summer. I heard and saw a little bit of everything this week in the markets! First, AI stock concentration has reached the same level that resulted in the bursting of previous bub
This has been a year packed with history-making moments for Wall Street and investors. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) exploded to new highs, the largest-ever initial
Crude oil and gasoline prices settled mixed on Thursday. Crude oil recovered from a 4.25-month low on Thursday and posted modest gains as short covering emerged after the dollar index fell to a 2-week low. Crude prices initially fell on Thursday as an i
Sports fans arent just being priced out of the arena anymore — theyre being priced out of the bar. A new Intuit Credit Karma survey of 1,747 fans, conducted by The Harris Poll, found that one in five say rising costs have pushed them out of watch partie
There might be a little bit of warmth in the labor market. Thursdays jobs report will help show whether thats translating into gains for workers. Economists surveyed by Bloomberg expect government data to show the economy added 115,000 jobs in June, wi
New Federal Reserve Chair Kevin Warsh got a big boost for his job security from the Supreme Court at a crucial moment, with investors increasingly betting that hell defy President Donald Trump and raise interest rates this year.
