Articles

Brent crude pushes toward $80 a barrel on fears Middle East war will threaten supply

Oil futures were up more than 2% Monday, building on last week’s strong gains as investors monitored developments in the Middle East amid fears a more direct conflict between Israel and Iran could threaten crude supplies from the region.

Butterfly Equity is taking luxury wine maker Duckhorn private in $1.95 billion all-cash deal

Duckhorn’s stock doubled on the news in premarket action.

Leaving the U.S. to live abroad? Plan now to avoid an unexpected homecoming.

Relocating to a new country — whether to retire or just for a year or two — carries risks

Barnes agrees to be acquired by Apollo for $3.6 billion in cash

Barnes Group Inc.’s stock rose 2.7% early Monday, after the provider of engineered products and industrial technologies said it has reached an agreement to be acquired by funds of private-equity firm Apollo Global Management for $3.6 billion in cash.

American Water Works targeted in cybersecurity incident

The government has warned that drinking water and wastewater systems are an attractive target for cyberattacks.

Will the U.S. stock market crash this month? Why an October surprise can’t be ruled out.

Huge one-day plunges are rare, but the probability is not zero — particularly in October.

10-year Treasury yield reaches 4%

The key U.S. Treasury yield reached 4% on Monday, as investors continued to reassess their view of the U.S. economy following stronger-than-forecast jobs data.

Shell expects sharp drop in refining margins and higher liquid-natural-gas volumes

The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter results on Oct. 31.

Here’s why a whopping 83% of American households now shop at Amazon

As the Prime Big Deal Days on Oct. 8-9 approaches, a look at how the e-commerce giant is increasingly dominating the ‘everyday essentials’ category

Mullen Automotive says it’s cutting 20% of its workforce

The maker of commercial electric vehicles announced cost cuts that include a 20% reduction in head count.

Why Goldman Sachs has bumped up its S&P 500 target for the third time this year

This week marks the kickoff of third-quarter earnings season — and another S&P 500 target upgrade from Goldman Sachs.

China’s rally still has ‘more legs,’ Goldman Sachs says

The recent two-week rally sparked by the unveiling of the People’s Bank of China’s stimulus package has already seen one of the sharpest increases in Chinese equities in history. Goldman Sachs’ analysts said the rally could now have more legs.
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