Articles

Saudi minister warns of $50 oil if OPEC members don’t adhere to production cuts: report

Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed production cuts.

Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China

Billionaire investor Stanley Druckenmiller said he has “no interest” in China under Xi Jinping and said he won’t be voting for either Donald Trump or Kamala Harris

Think flood insurance is pricey now? Premium hikes were coming long before Hurricane Helene.

Hurricane Helene inundated parts of Florida, Georgia, Tennessee and the Carolinas, and now the estimated billions in damage are bringing Americans’ receding flood-insurance coverage into focus.

Trump and Dave Ramsey talk about ‘$8 eggs, $5 gas, 7% interest rates, and a house they can’t afford’

Personal finance personality Dave Ramsey interviews Donald Trump about affordability issues impacting consumers

At V.P. debate, Vance and Walz spar over ‘common sense’ economic plans, how to fix housing

Republican vice presidential nominee J.D. Vance and Democratic rival Tim Walz debated on Tuesday night, hoping to move the needle in a tight 2024 White House race.

Meta has a key asset in the AI race — and that spurs a new bullish stock call

An analyst is upbeat about Mark Zuckerberg’s ability to steer Meta ahead of the pack — and potentially help the company become more of a player in the search market.

This tiny North Carolina mining town is crucial to the semiconductor industry. Helene just wrecked it.

Closures from storm damage could lead to supply-chain bottlenecks — and price increases — for the chips used in smartphones, computers and cars.

Auto sales rebound and point to strong third-quarter GDP

Sales of new cars and trucks rebounded in September in a sign that consumer spending was fairly robust in the third quarter, keeping the U.S. economic expansion on an even keel.

Alphabet’s stock has been a laggard lately. Here’s one case for a rebound.

Alphabet’s stock has been the weakest performer among the “Magnificent Seven” over the past three months — but one analyst still thinks it has plenty of shine.

Jimmy Carter’s 100th birthday is a stark reminder that most Americans can’t afford to live that long

More of us will be living to 100, and we’re not ready.

Egg prices boost Cal-Maine’s sales more than 70% higher

Cal-Maine, the largest U.S. egg producer and distributor, also said that Hurricane Helene is unlikely to impact its operations.

Nike sales fall as company prepares to bring in new CEO

Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the company’s turnaround would take time as it deals with weaker demand and prepares to bring aboard a new chief executive.
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