United States
Stocks making the biggest moves midday: Walgreens, AMD, Dell and more
A pedestrian wearing a protective mask walks past a Walgreens store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walgreens — The drug store chain fell about 5% after the company reported its quarterly results. Despite recording a beat on earnings, it […]
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This is one of Goldman’s best-performing stock portfolios this year for clients
The investment bank assembled a pool of stocks that would benefit from surging interest rates. Source
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Gender-neutral X passports will be available in April
U.S. citizens will be able to select the gender neutral “X” as a marker on their passport books starting April 11, the State Department said Wednesday. It made the announcement on the eve of Transgender Day of Visibility, an annual day on March 31 that celebrates transgender people. The U.S. special diplomatic envoy for LGBTQ […]
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European stocks muted after a tumultuous month for markets
LONDON — European stocks were mixed on the last trading day of March, a month marked by global geopolitical and economic uncertainty after Russia’s invasion of Ukraine. The pan-European Stoxx 600 hovered 0.2% below the flatline by mid-afternoon, but was on course to eke out a monthly gain for March. Utilities gained 0.9% while retail […]
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Singapore’s stance on Russia shows support for sanctions isn’t limited to the West, says think tank
“We cannot condone any country arguing that another country’s independence is the result of historical errors and crazy decisions,” Prime Minister Lee said at the White House on March 29. Bloomberg | Bloomberg | Getty Images It was “important” for U.S. President Joe Biden to meet with Singapore Prime Minister Lee Hsien Loong, as it […]
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Treasury yields fall, with inflation data in focus
U.S. Treasury yields fell early on Thursday, with investors focused on the inflation data due out later in the morning. The yield on the benchmark 10-year Treasury note fell 3 basis points to 2.3270% at 4:30 a.m. ET. The yield on the 30-year Treasury bond moved under a basis point lower to 2.4789%. The rate […]
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Oil prices slide as Biden considers huge reserves release
A general view shows Marathon Petroleum’s oil refinery, following Russia’s invasion of Ukraine, in Anacortes, Washington, March 9, 2022. David Ryder | Reuters LONDON — Oil prices dropped sharply on Thursday after reports that U.S. President Joe Biden is considering the release of up to 180 million barrels from the country’s strategic petroleum reserve (SPR). […]
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How hackers and geopolitics could derail the planned energy transition
This image shows an onshore wind turbine in the Netherlands. Mischa Keijser | Image Source | Getty Images Discussions about the energy transition, what it means and whether it’s actually underway at all, have become major talking points in recent years. How the transition — which can be seen as a shift away from […]
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Wall Street banks love these energy stocks — and two are on Goldman’s conviction buy list
Goldman Sachs and Bank of America have identified their top energy stocks to buy, two of which are on Goldman’s coveted conviction list. Source
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Vladimir Putin feels his military leaders misled him about Ukraine, declassified intelligence shows
WASHINGTON — Newly declassified U.S. intelligence indicates that Russian President Vladimir Putin feels he was misled by military leaders who did not tell him key details about the botched invasion of Ukraine because they feared angering him, top Biden administration officials said Wednesday. “We believe that Putin is being misinformed by his advisers about how […]
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