Oil steadies as IEA hikes 2022 demand growth forecast

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By Ahmad Ghaddar LONDON (Reuters) – Oil prices steadied on Thursday after the International Energy Agency raised its oil demand growth forecast for this year...

Explainer: Part of the U.S. yield curve just inverted – Does that mean a...

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By David Randall, Davide Barbuscia and Saqib Iqbal Ahmed NEW YORK (Reuters) - The spread between the yields of five-year and 30-year U.S.

Disney lowers streaming subscriber forecast, sticks to profit target

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By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney Co lowered its long-term subscriber forecast for Disney+ customers on Wednesday, blaming the loss...

Pinterest shares jump 20% after Elliott discloses it is the largest shareholder

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(Reuters) – Activist Investor Elliott Investment Management said on Monday it had become the largest shareholder in Pinterest Inc and that it saw potential for...

Exclusive-FedEx faces labor union challenge over billionaire CEO’s pay

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By Jessica DiNapoli (Reuters) - FedEx Corp shareholders should reject founder and CEO Fred Smith's $54 million pay package because the logistics company gave him stock options after scrapping a cash

Nasdaq, S&P 500 retreat as rate hike fears cool stock rally

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By Herbert Lash and Bansari Mayur Kamdar NEW YORK (Reuters) -The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the...

Oil producer APA’s second-quarter profit nearly triples

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(Reuters) -U.S. oil producer APA Corp reported a second-quarter profit that nearly tripled on Wednesday, bolstered by surging crude prices. Houston, Texas based APA is...

POSCO says fire put out at S.Korea steel plant, production halted due to flooding

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SEOUL (Reuters) -A fire broke out at South Korean steelmaker POSCO’s plant in the southeastern city of Pohang on Tuesday, a POSCO spokesperson confirmed. “A...

Zoom tempers annual profit, revenue outlook as demand falters

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(Reuters) -Zoom Video Communications Inc on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs,...

U.S. judge weighs Ben & Jerry’s claims against owner over Israeli business

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By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday appeared skeptical that Ben & Jerry’s deserved an immediate injunction...

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Bitcoin and Ethereum Consolidate Losses, Recovery Could...

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Bitcoin price declined heavily below the USD 19,500 support. BTC even settled below the USD 19,000 level. It is currently (11:20 UTC) consolidating losses above the USD 18,500 level.

‘Crypto for good’: This community doesn’t just...

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This crypto project says it offers more exciting products than old-fashioned banks — and empowers individuals to take control of their financial future

Short Bitcoin Funds See Record Inflows

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Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows.

Oregon Prepares Its American Indian Students For...

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When states like Oregon put equity over quality, students suffer, no matter how little tuition they pay.

After 35 Years Of Marriage, We’re Still...

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To be happily married after 35 years and still chase each other around the living room, this milestone is a proud accomplishment.