Rolls-Royce share price has surged this year and is hovering near its all-time high as demand for its engines continues rising. It rose to 1,090p on Monday, a few points below the year-to-date high of 1,110p. It has also jumped by 96% from its lowest level in April. From a burning…
Oil prices rose 2% on Monday after the Organization of the Petroleum Exporting Countries and allies announced a smaller hike in production for October. Concerns of supply disruptions from possible sanctions against Russian oil exports also buoyed sentiments in the market. At the time of writing, the price of West Texas Intermediate…
Global energy security faces an increasing threat as the world’s five most vital maritime chokepoints, crucial for global oil and gas transit, are under escalating pressure from conflict, piracy, and environmental dangers, according to a recent analysis by Rystad Energy.In 2023, an estimated 71.3 million barrels per day (bpd) of…
When I first heard that Greg Daniels was bringing back the mockumentary format with The Paper, I couldn’t help but be pulled back into my own newsroom nostalgia. Having cut my teeth at a local paper before moving into financial journalism, I know the peculiar mix of chaos, caffeine, and absurdity…
Dow futures nudged over 100 points higher on Monday, and the S&P 500 and Nasdaq 100 futures also saw some gains as investors waited to see what the latest inflation report would reveal.The market is on the edge of its seat, because whatever the numbers say will likely decide the…
The Vanguard and SPDR S&P 500 ETFs are hovering near their all-time highs, continuing a bullish trend that started in April following Donald Trump’s Liberation Day speech. This article looks at some of the top catalysts for the VOO and SPY ETFs this week.Apple iPhone 17 eventThe first major catalyst…
SpaceX has reached a $17 billion agreement to acquire wireless spectrum licences from EchoStar Corp., strengthening its Starlink satellite network’s ability to provide direct-to-device services. The deal, confirmed on Monday, involves up to $8.5 billion in cash and as much as $8.5 billion in SpaceX stock. This marks one of…
Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women. HHS will release the report that could draw that link this month, The Wall Street…
BMW expects its all-electric Neue Klasse series to reignite growth in China, its largest market, following a significant drop in sales in the first half of 2025.This week, the German manufacturer introduced its first Neue Klasse model, marking the beginning of a massive portfolio makeover aimed at better competing with…
BMW expects its all-electric Neue Klasse series to reignite growth in China, its largest market, following a significant drop in sales in the first half of 2025.This week, the German manufacturer introduced its first Neue Klasse model, marking the beginning of a massive portfolio makeover aimed at better competing with…