The escalating conflict comes against the backdrop of already tight oil market.
The strike at the truck manufacturer by 4,000 members of the United Automobile Workers comes in the middle of the union’s strikes at three large U.S. car companies.
Chinese tourism noticeably rebounded during the nation’s eight-day Golden Week holiday. But consumption—and more importantly housing sales—remained sluggish.
Green Mountain Power is asking state regulators to let it buy batteries it will install at customers’ homes, saying doing so will be cheaper than putting up more power lines.
While market moves were initially muted, what should be a concern is the potential for the war to escalate.
The U.S. energy company temporarily closed operations at its Tamar natural gas field, which is about 12 miles from the Gaza Strip, at Israel’s request.
Evergrande’s 11th-hour cancellation of a $19 billion debt restructuring could lead to a messy collapse and have “a catastrophic effect” on other troubled companies in the sector, its bond investors said.
Iron ore’s price has risen more than 20% since late May, outperforming metals such as copper and gold.
One of the biggest processors of a pandemic tax break has slashed staff and stopped marketing after an IRS crackdown.
Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.