OPEC Keeps Oil Supply Forecasts Steady Despite Russian Oil-Price Cap
The group’s latest forecasts suggest it sees little reason to expect Russian crude-oil production to be badly hit by the latest Western sanctions targeting Russia’s oil revenues.
Broad swaths of the market, from utilities to industrials to financials, trounced the powerful tech sector in the third quarter.
Americans hoarded credit-card points during the pandemic, but inflation has been eating into their value.
Millennium Management’s obsession with not losing money has powered $56 billion in investor gains. Its CEO, Israel “Izzy” Englander, avoids...
Getting out of the deflationary hole China dug itself is vital, and in the short run all stimulus will help....
UniCredit’s effort to buy Germany’s Commerzbank is a test of a broader project to revive Europe’s vitality and stature in...
Rents remain high, but not as high as mortgage payments.