Brazil set to join the influential OPEC+ oil producers’ alliance
South American producer Brazil will join the influential OPEC+ oil producers’ alliance starting in January.
Trump gag order in fraud case reinstated by New York appeals court
A New York appeals court reinstated a gag order on Donald Trump in his civil fraud trial before Judge Arthur Engoron set closing arguments for mid-January.
Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy
The OPEC+ alliance had already instituted a 2 million-barrels-per-day cut in place until the end of 2024.
New billionaires getting rich via inheritance rather than entrepreneurship in ‘great wealth transfer’
“The great wealth transfer” is picking up steam as billionaires are acquiring more wealth through inheritance than entreprenuership
X CEO Linda Yaccarino addresses Musk’s ‘go f— yourself’ comment to advertisers
Linda Yaccarino addressed the explicit comments Elon Musk hurled at advertisers Wednesday.
Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
The personal consumption expenditures price index was expected to increase 0.2% in October on a monthly basis and 3.5% from a year ago.
Countries at COP28 approve climate disaster fund deal details in early breakthrough
Countries at the U.N. COP28 summit on Thursday agreed deal details for a disaster fund to help nations reeling from damages caused by the climate crisis.
What one Swiss bank’s troubles can tell us about market vulnerabilities — and social media
The share price of Julius Baer plummeted after the Swiss private bank disclosed 606 million Swiss francs ($692.7 million) of loan exposure to a single client.
Sweden expects Turkey to approve its NATO membership ‘within weeks’
Sweden sent a formal application to join NATO back in May 2022, alongside Finland.
Euro zone inflation sinks to 2.4%, below expectations
Euro zone price rises cooled to 2.4% November, flash figures showed.
