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Futures Movers: Oil futures pare gains as an “adjustment” contributes to a nearly 8 million-barrel weekly U.S. crude supply climb

Oil futures pare gains on Wednesday after official U.S. data reveal across-the-board weekly increases in petroleum supplies, with an "adjustment" to the data contributing to a nearly 8 million-barrel rise in crude stockpiles.

: European Commission says it may want to break up Google’s ad-tech business

The European Commission said it's taken a preliminary view that Google has breached antitrust rules in the advertising technology industry and that only a divestment of part of its services would address concerns.

: ‘Wheel of Fortune’ host Pat Sajak is retiring after 40 years. Why you shouldn’t stay at a job that long – and why you should.

There are pros and cons to sticking with the same employer for decades

The Tell: The stock market has fallen 5 out of the last 6 Fed decision days

How might U.S. stocks react if the Federal Reserve leaves interest rates on hold when its June policy meeting concludes on Wednesday?

In One Chart: Stock-market bull warns Fed pause could trigger classic ‘sell-the-news’ pullback

U.S. stocks are on an “unsustainable” near-term trajectory, leaving them vulnerable to a “sell the news” pullback if the Federal Reserve holds interest rates steady, says a top Wall Street technician.

The Ratings Game: Meta is in rare company in the AI revolution, says analyst

A lot of companies talk up their artificial-intelligence opportunities, but Meta is one of just a "handful" that can see serious financial benefits.

: ECB set to hike interest rates. The question is how much further it’ll go.

The ECB on Thursday is expected to increase its key rate by a quarter-point, taking rates to 3.5%, bringing the cumulative increases to 4 percentage points this cycle.

Metals Stocks: Gold prices higher after PPI report shows wholesale prices shrink again ahead of Fed decision

Gold prices traded higher Wednesday morning after data showed U.S. wholesale prices eased in May, providing another sign that inflation pressures are abating in the face of the Federal Reserve’s monetary tightening campaign.

: Metaverse true believers say ‘I told you so’ after Apple’s Vision Pro launch

Like devoted cult members, metaverse advocates are touting Apple's Vision Pro and the incessant chatter about AI as proof of the viability of the metaverse.

: The resumption of student-loan payments: Missing even one installment can seriously damage your credit score

The pandemic-era student-loan payment freeze is coming to an end in late August.

The Ratings Game: AMD is chasing down Nvidia in AI, but one analyst worries the company is ‘somewhat late’

AMD generally won praise in the wake of new AI product announcements, but at least one analyst worries that the company is late to the game.

Need to Know: Recession? Who cares! Deutsche Bank shares Goldman’s bullish stocks view as banks split on downturn.

Deutsche Bank is sticking to its call for the S&P 500 to reach 4,500 -- the same near-the-top-of-the-Street outlook as Goldman Sachs, which says the U.S. should avoid a recession.
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