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Commodity/Financial Market News
Earnings Season Threatens Lofty Stocks
Investors say optimism in the markets could evaporate if profits get squeezed further. Source link
How the Bank of Japan's Shift Could Play Out in U.S. Markets
The Bank of Japan has signaled it would tolerate higher yields on longer-term Japanese government bonds—which could affect investors worldwide.. Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping for potential acquisitions. Source link
Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
Union Pacific Picks New CEO
The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link
Stock Market Shrugs Off Recession Signals as Rally Builds
The S&P 500 is trading near its highest level since April 2022 as hopes grow for a soft economic landing. Source link
Russia Defies Sanctions by Selling Oil Above Price Cap
Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link
Why GE Shares Are Hotter Than Apple, Meta or Tesla
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Why Russia Killed the Ukraine Grain Deal
Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link
That Extreme Heat Hasn't Budged Natural-Gas Prices
With a glut from the warm winter, the power-generation fuel costs 60% less than last summer. Source link