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Oil futures rose Wednesday, finding support as the stock market continued its recovery from a global rout that had served to pull down commodity prices.

For years, sophisticated traders reaped huge returns through bets that would pay off if the Cboe Volatility index, known as the VIX of Wall Street’s “fear gauge,” declined.

Stock-market bulls cheered Wednesday after a top Bank of Japan official said policymakers won’t hike rates in the face of unstable financial markets. Skeptics say any comfort may prove fleeting.

Immigration boosts federal tax revenue, but states and localities bear unique costs.

Management showed that it’s “more committed to margin expansion than expected,” an analyst said.

The recent broad unwinding of the artificial-intelligence trade has created an opportunity to buy AI plays, like Vertiv’s stock, on the cheap, Mizuho said.

“By continuing its association with Coca-Cola, the Olympic movement risks being complicit in intensifying a global epidemic of poor nutrition, environmental degradation, and climate change,” a public-health organization says.

Bonds have returned to playing defense over the past week for the first time since the Federal Reserve started raising interest rates more than two years ago.

Ralph Lauren Corp. shares rose 4.3% premarket Wednesday after the apparel and accessories maker reported better-than-expected first-quarter revenue and earnings, boosted by growth in Europe and Asia.

Consumers are feeling frustrated by the housing market as home prices march to new heights, a new survey says.

Hilton Worldwide Holdings Inc.’s stock fell 1.3% in premarket trading on Wednesday after the hotel giant issued a third-quarter outlook for adjusted earnings that fell short of Wall Street analyst estimates.

Analysts note “intensifying” cash burn and “materially softer” margins for the server maker.