Oil News: India to OVERTAKE China as global oil driver – PM scrambles to cut dependency
INDIA is expected to have the world’s greatest demand for oil by 2024, replacing Chinas as the biggest global oil driver.
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World weatherwatch: Hurricane Lane brings severe flooding to Hawaii
Floods devastate Kerala as threat of drought hangs over other parts of India, and wildfires burn in British Columbia
German city removes gold Erdoğan statue after violent clashes
Controversial effigy of Turkish PM was part of Wiesbaden art Biennale
The German city of Wiesbaden has removed a large gold statue of Turkish president Recep Tayyip Erdoğan after it sparked clashes between his supporters and opponents.
Post-disaster, business owners find varied paths to recovery
NEW YORK, N.Y. – As small business owners in Hawaii and California clean up following Hurricane Lane and wildfires, they’ll find there’s no one formula for recovery.
The same disaster can devastate businesses in divergent ways — a hurricane might tear the roof off one restaurant, flood another and leave a third with little damage.
US economy grows
The U.S. economy grew at a strong 4.2 per cent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer spending.
Stocks Rise Again as Technology Companies and Amazon Jump
Technology companies lead the way as US indexes shake off a slow start and rise for the fourth day in a row.
NEW YORK (AP) — U.S. stocks climbed Wednesday, driven by gains for big technology companies and Amazon. The S&P 500 and Nasdaq finished at record highs for the fourth day in a row.
Oil hits market high
Oil hit a one-month high as energy stocks helped lift Canada’s main stock index slightly and investors watched for any positive signs from NAFTA negotiations.
EQUITY MOVES TO CONSIDER—OR NOT—LATE CYCLE
While the bull run isn’t over yet, investors are making moves—or considering moves—in their equity positions.
“We decided it was best to take one step in becoming a bit more conservative at this point in time,” says a weekly Richardson GMP market insight report.
DSW stock soars more than 20% after earnings crush estimates
This stock is on track for its biggest-ever one-day gain
Shares of discount footwear and accessories retailer DSW Inc. soared more than 20% Tuesday to put them on track for their biggest-ever one-day gain, after the company crushed earnings estimates for the second quarter and raised its full-year guidance.
Opinion: This is what will stop the record stock market
Three reasons why interest rates will rise, eroding the present value of future profits
The stock market has been on a tear since 2009, but it won’t always go up.
CAMBRIDGE, Mass. (Project Syndicate) — The U.S. stock market achieved its longest rise in its history on Aug. 22, with the Standard and Poor’s 500 index SPX, +0.03% up by 230% since 2009. Although this wasn’t the biggest increase in a bull market, it marked the longest period of increasing share prices.
Walmart Becomes Latest – and Biggest – Company to Roll Back Its DEI Policies
‘Buy Now, Pay Later’ Is More Popular Than Ever. It Can Cost More Than You Think
US Budget Airlines Are Struggling. Will Pursuing Premium Passengers Solve Their Problems?
Dow Hits Another Record as Stocks Rise
Best Buy (NYSE:BBY) Shares Down 7.6% – Here’s Why
Oracle (NYSE:ORCL) Stock Price Up 1.5% – Still a Buy?
NuScale Power (NYSE:SMR) Shares Down 1.6% – Here’s What Happened
NIO (NYSE:NIO) Shares Down 5.8% – Here’s What Happened
Canada Hints at Fast-Tracking Refugee Refusals
Peru’s Congress Removes Energy and Mines Minister Amid Sector Protests