By Staff
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By Marty Bent
Austin, TX
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By Staff
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ADNOC boosts its oil production to 4.85 million bpd ahead of the OPEC+ meeting, positioning the UAE to influence global oil market dynamics as production cuts are reviewed.
JP Morgan forecasts interest rates rising to 8%, potentially triggering a recession and banking crisis similar to past financial downturns.
U.S. hiring rates have plummeted to a six-year low as of March 2024, highlighting significant labor market challenges and discrepancies between official data and actual job availability.
MicroStrategy launches 'MicroStrategy Orange,' a decentralized identity platform on the Bitcoin blockchain.
Saskatchewan faces a CRA audit for not applying federal carbon taxes to natural gas, challenging federal law and highlighting provincial-federal tax tensions.
Eight U.S. newspapers have sued OpenAI and Microsoft, claiming the companies used their content without permission to train AI technologies like ChatGPT
Amid speculation of Bank of Japan intervention, the yen rebounded from a 34-year low against the dollar.
A House subcommittee report accuses the Biden administration of pressuring social media to manage 'COVID-19 misinformation,' raising First Amendment issues amid a Supreme Court evaluation.
The FTC is close to approving Exxon's $60 billion acquisition of Pioneer Natural Resources, potentially making Exxon the top producer in the Permial Basin.
U.S. consumer confidence has hit its lowest since July 2022, sparking recession concerns as heightened prices lead to more savings and less spending.
The FCC plans to ban Huawei and ZTE from certifying U.S. wireless equipment, citing national security concerns.
U.S. LNG exports fell for the fourth month to 6.19 million metric tons, primarily due to production disruptions at major facilities like Freeport LNG, affecting global energy markets.
The FOMC maintained the federal funds rate at 5.25-5.50%, citing 'lack of progress' toward its 2% inflation target and adjusting market expectations for future rate cuts.
