Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves
The U.S. struck a deal with Venezuela to get majority control of more than 65 billion barrels of oil reserves, Trump said in a social media post.
Corn and wheat prices jump to highest prices in more than three years
Corn and wheat futures have surged to their highest levels in more than three years. But the reasons for these recent rallies are notably different.
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The 9th U.S. Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a 3rd Circuit ruling from April.
Trump loses bid to transfer New York hush money case to federal court
Trump’s conviction in the hush money case relates to conduct that preceded the 2016 presidential election, which led to his first term in the White House.
Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
Banque Misr UAE processed about $1.8 billion over two years for some 100 companies that are potentially part of Iran’s shadow banking network, Treasury said.
Top tech analyst says people are buying more things on Amazon because of AI. He raised his price outlook as a result
Amazon.com could rally as wider AI adoption drives up sales on its online shopping platform, per Evercore ISI.
Oil exports from the Gulf rise to more than 60% of level before Iran war, Goldman Sachs estimates
It has become difficult to figure out how much oil is flowing from the Gulf because information from the region is limited due to the war, Goldman said.
CEO of buy now, pay later giant Affirm says high gas prices are hitting U.S. shoppers
The national average price for gas is at $4.09 per gallon and was last below $3 on March 2.
Stocks are entering a tough period. Top small-cap strategist says buy these steady quality names
Jefferies pointed to Citizens Financial Group, Okta and McCormick & Company as good plays during a tumultuous time for the overall market.
‘Grand Theft Auto 6’ preview signals blockbuster demand, analysts say
Take-Two shares moved higher in premarket Friday, as analysts said they were bullish on the GTA maker’s parent company following a successful trailer launch.
