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Energy

“U.S. crude oil falls nearly 3%, closes below $68 on report Saudi committed to production increase”

“…Prices are also under pressure on the expectation that oil production will rise in Libya. Factions in the North African country reached a deal Wednesday to appoint a new central bank governor. A political dispute over who should lead the… Continue Reading…

Economy

“Trump threatens ’200% tariff’ if John Deere moves production to Mexico”

“Former President Donald Trump threatened John Deere with a 200% tariff if the agricultural manufacturer moves some of its production to factories in Mexico. John Deere plans to shift production of some of its models to Mexico, a move that… Continue Reading…

Business

“…California sues ExxonMobil, alleging deception about plastics recycling”

“…“Exxon Mobil knew that 95% of the plastic in the blue bin was going to be incinerated, go into the environment or go into a landfill,” California Attorney General Rob Bonta said in an interview. “They knew and they lied.”… Continue Reading…

Business

“UAE hoping to expand $1 trillion partnership with U.S. through AI, Investment”

“Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States aims to push the United Arab Emirates-U.S. relationship to a new “geo-economic phase” centered on economic growth and innovation, top officials said ahead of a… Continue Reading…

Banking

“10-year Treasury yield gains for week even after Fed rate cut”

“…The 10-year Treasury yield was last down around 1 basis point at 3.732%. The 2-year Treasury note yield fell around 2 basis points at 3.585%. The yield on the 10-year Treasury was higher by almost 8 basis points for the… Continue Reading…

Banking

“Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020”

“The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as inflation-weary consumers are grappling with high rates on everything… Continue Reading…

Stocks

“…High-Yield Dividend Stock [UPS] That’s Down 45%”

“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html

Business

“UK investment platform Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortium”

“…British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group… Shareholders in Hargreaves Lansdown — the U.K.’s biggest stockbroker — will get 1,110 British pence… Continue Reading…

Business

“Utah teacher, 42, sues AstraZeneca claiming she was left permanently disabled by its Covid vaccine – in first of its kind lawsuit in US”

“An American woman who took part in the clinical trial for AstraZeneca‘s Covid vaccine is suing the company, claiming the shot left her ‘permanently disabled’…” https://www.dailymail.co.uk/health/article-13416585/utah-teacher-astrazeneca-lawsuit-covid-vaccine-disabled.html Listen. I hate to break this to everyone but the Covid vaccine is a bio-weapon.… Continue Reading…

Business

“Airlines Sue US Over Fee Disclosure Rules, Citing Overreach”

“Several major US airlines and their lobbying group sued the US Transportation Department over new regulations mandating up-front disclosure of certain fees, in a fight over rules the agency says could mean big savings for travelers… The final rules, unveiled last month,… Continue Reading…