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The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues…

Jennifer Sor   


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Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran

Markets have been on edge since over fears of a widening of the conflict in the Middle East — a maj…

Huileng Tan   


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Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks

Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The N…

Yuheng Zhan   


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Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices

The producer price index notched its biggest decline since October, boosting hopes that the Fed has…

Filip De Mott   


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Why oil prices already at highs could surge another 10% by summer, according to BofA

Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …

Yuheng Zhan   


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Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran

"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…

Yuheng Zhan   


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Oil prices spike on crude inventory update and Powell's rate-cut outlook

The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…

Yuheng Zhan   


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Stock market today: Dow soars 654 points as traders celebrate inflation data

Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…

Filip De Mott   


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Stock market today: Indexes rebound as inflation data reinforces Fed rate-cut bets

June's PCE inflation data came in line with expectations, and showed inflation modetaing at a 2.6% …

Filip De Mott   


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Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE

GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.

Jennifer Sor   


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Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data

The US economy grew by 2.8% last quarter, much higher than expected. Traders will be assessing the …

Max Adams   


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Stock market today: Nasdaq suffers worst day since 2022 as weak earnings spark steep sell-off

The Nasdaq dropped more than 3%, fueled by a selloff in Tesla and Alphabet shares after earnings. T…

Jennifer Sor   


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Nasdaq tumbles 3% in worst day of the year amid tech-earnings rout

The Nasdaq dropped sharply as earnings from Tesla and Google's parent, Alphabet, missed investors' …

Jennifer Sor   


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Stock market today: Indexes end lower as investors brace for major earnings results

Indexes were lower as investors braced for Tesla and Alphabet's earnings reports.

Filip De Mott   


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Stock market today: Stocks trade mixed as investors get ready for Tesla and Alphabet earnings

Investors were on the sidelines Tuesday morning as they wait for Tesla and Google's parent company …

Filip De Mott   


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Stock market today: Tech drives market rebound as investors brace for earnings and fresh data

Of the 14% of S&P 500 companies that have reported Q2 earnings results so far, 86% are beating prof…

Matthew Fox   


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Stock market today: US stocks rise as traders try to come back after worst week since April

A potential Kamala Harris presidency is seen as being more friendly to mega-cap tech companies than…

Matthew Fox   


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Red Sea turmoil is the only thing keeping oil prices as high as they are

The Red Sea chaos is actually creating a floor beneath prices, which would otherwise be dragged dow…

Aruni Soni   


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Stock market today: Stocks tumble as the S&P 500 caps off its worst week in 3 months

In the week ahead, investors will have a close eye on mega-cap tech earnings from Tesla and Alphabe…

Matthew Fox   


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Stock market today: Indexes trade mixed amid massive CrowdStrike IT outage

The global IT tech outage comes amid an ongoing sell-off in the Nasdaq 100, which is down 3% so far…

Matthew Fox