Business News

Oil Rises as U.S. Inventories Report Stronger-than-Expected Consumption (NYSEARCA:XLE)

SlavkoSereda/iStock via Getty Images Crude oil futures rose on Friday after the U.S. reported a fifth straight weekly decline in U.S. crude inventories and after an Israeli airstrike on Thursday against Houthi rebels in Yemen fueled fears of more potential instability in the Middle East. 2024-12-27 23:45:43 https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w750

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Donald Trump tops the list of the most powerful billionaires in 2024

San Diego FC Chairman and Co-Owner Mohamed Mansour joins Cavuto: Coast to Coast to share his life story, his outlook on Major League Soccer, politics and more. President-elect TrumpOfrah Winfrey and Mark Zuckerberg were the top three in a recent report that analyzed how influential billionaires are on Instagram. The Casino Wizard analyzes the top

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Vanguard reaches deal with US bank regulator over control of bank holdings

(Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) said on Friday it had struck a passivity agreement with Vanguard to help the regulator better monitor the money manager’s interests at big banks. Under the deal, Vanguard is strictly prohibited from engaging in activities that influence the management or policies of FDIC-regulated institutions or their

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Stock Market News Today: Markets End Holiday Week Higher (SP500)

georgeclerk U.S. stocks fell on Friday as megacap tech names suffered a bout of selling in a low-volume session amid the holidays, further derailing a potential Santa rally. Still, Wall Street ended the Christmas-shortened week with gains. The benchmark S&P 2024-12-27 21:11:09 https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1651064790/image_1651064790.jpg?io=getty-c-w750

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Automakers that dropped 2024 EV targets and plans

Boyden Gray PLLC partner Michael Buschbacher discusses concerns about the electric vehicle mandate at The Bottom Line. A few leading car manufacturers adjusted their electric vehicle (EV) targets and scaled back their 2024 plans. in response to slow consumer demand for EVs in the automotive market. Automakers aren’t abandoning EVs and continue to see them

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Panama’s president sees no “immediate risk” from the First Quantum mine

FactoryTh/iStock via Getty Images Panamanian President Molino said Thursday that a recent government report shows there are no immediate environmental or safety risks by First Quantum Minerals’ (OTCPK:FQVLF) Cobre Panama copper mine, which was closed in 2023, Bloomberg reported. Mulino cited a report prepared by 2024-12-27 16:54:05 https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1212182787/image_1212182787.jpg?io=getty-c-w750

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Passenger sneaks onto Delta flight to Hawaii without ticket

Check out what’s clicking on FoxBusiness.com. No ticket passenger on the plane in Seattle was able to bypass security and airline officials before boarding a flight to Honolulu earlier this week — only to be detained while the plane was taxiing, according to Delta Air Lines and the Transportation and Security Administration (TSA). . The

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