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Why the Israel-Hamas War Matters for Investors

October 9, 2023 / no comments

While market moves were initially muted, what should be a concern is the potential for the war to escalate.

Chevron Shuts Down Natural Gas Platform Near Gaza Strip

October 9, 2023 / no comments

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 Investors Warn of ‘Uncontrollable Collapse’

October 9, 2023 / no comments

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. 

The Rare Indicator That’s Still Optimistic About China’s Property Market

October 9, 2023 / no comments

Iron ore’s price has risen more than 20% since late May, outperforming metals such as copper and gold.

The Stunning Boom and Bust of a Tax-Refund King

October 9, 2023 / no comments

One of the biggest processors of a pandemic tax break has slashed staff and stopped marketing after an IRS crackdown.

Yellen May Face Questions in Morocco Over U.S. Dysfunction

October 9, 2023 / no comments

Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.

U.S. Prepares Crackdown on Russian Oil Sanctions Evasion

October 9, 2023 / no comments

Treasury Secretary Janet Yellen says the U.S. is likely to start enforcing the $60-a-barrel price cap on Russian oil.

U.S. Probe of Russia-Sanctions Busting Focuses on Major Oil Trader

October 9, 2023 / no comments

The investigation is examining whether Murtaza Lakhani, founder and chief executive of Mercantile & Maritime Group, traded Russian oil in breach of Western sanctions.

Tallying the Costs of the Israel-Gaza War

October 9, 2023 / no comments

The price of crude oil has risen and global markets are under pressure as the death toll exceeds 1,100 and Israel begins a “complete siege” of the Gaza Strip.

Apple’s Easy Google Money May Get Harder to Keep

October 9, 2023 / no comments

The government trial targets search deal just as worries grow about iPhone 15 cycle, future in China.

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