financial market news

Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts

Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting…

2 years ago

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from…

2 years ago

Bank Failures Rattle Market for Short-Term Lending

The underpinnings of the financial system and corporate funding for companies including Duke Energy are still thawing after last month’s…

2 years ago

Stocks Slide Even as Big Banks Rally

Earnings season kicked up a gear with reports from several banks including JPMorgan, which posted record revenue. Source link

2 years ago

As Bond Market Turbulence Eases, Companies Borrow Again

Treasury yields have settled at lower levels, reflecting an anticipated growth slowdown. Source link

2 years ago

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

MarketsCommoditiesOil MarketsThe hole in the global oil market between supply and demand is expected to reach 2 million barrels a…

2 years ago

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

MarketsCommoditiesOil MarketsThe hole in the global oil market between supply and demand is expected to reach 2 million barrels a…

2 years ago

People Are Investing in Bonds Again—Once They Figure Them Out

After years of low returns, they’re paying real money again. But as investors are discovering, bonds aren’t exactly set-it-and-forget-it assets.…

2 years ago

As Bond Market Turbulence Eases, Companies Borrow Again

Treasury yields settle at lower levels, reflecting an anticipated growth slowdown. Source link

2 years ago

Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit

Darren Woods’s total compensation includes stock awards of $24.9 million and a nearly $6.4 million bonus. Source link

2 years ago