Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
Chevron CEO Mike Wirth says natural gas will play a key role in powering data centers as renewables still face challenges supplying peak demand.
Boeing forced to scrub first crewed Starliner launch to the space station
The launch attempt was called off roughly two hours ahead of the planned liftoff.
Robinhood says SEC could pursue enforcement actions over its crypto operations
Robinhood had disclosed in February that it received subpoenas from the SEC related to its crypto business.
Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss
In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.
Euro zone business activity grows at fastest pace in almost a year, PMI shows
Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc’s dominant services industry more than offset a deeper downturn in manufacturing, a survey showed on Monday.
World prefers U.S. over China for leadership when a Democrat is president, Gallup analysis shows
Most countries prefer aligning with the U.S. over China when the White House is occupied by a Democratic leader, according to Gallup data going back to 2007.
Israeli military tells Palestinian civilians in eastern Rafah to ‘evacuate immediately’
The White House and United Nations have urged Israel against an offensive in Rafah, warning of catastrophic humanitarian consequences.
Treasury yields are little changed as traders get more clues on next Fed moves
U.S. Treasury yields were little changed after falling sharply on Friday in reaction to weaker-than-expected payroll growth and a rise in unemployment in April.
European markets close higher as traders assess possible rate cuts, fresh PMI data
European markets closed higher on Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.
