Financial News

oilprice71d ago

Strait of Hormuz Constraints Keep Oil Prices Elevated

Oil prices remain close to $100 per barrel despite the U.S.-Iran ceasefire, which revived hopes that the worst oil and gas supply shock ever could begin to ease soon and bring energy prices down. While immediate escalation has been taken out of the war premium, at least as of Friday morning, the reality on the ground – and in the Strait of Hormuz – is that the vital oil and LNG chokepoint remains largely closed and traffic controlled at Iran’s discretion. The shocking and very steep rise in oil and gas prices due...

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staradvertiser71d ago

Record gas price surge fuels sharp rise in U.S. inflation

WASHINGTON >> U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and diesel, dealing a blow to President Donald Trump, whose approval ratings have been falling because of unhappiness over his handling of the economy.

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ijr71d ago

Iran War Has Consumers Feeling Worse About Economy Than They Did During Great Recession, Biden Era

Consumer confidence plunged to a record low on Friday as the economic fallout from the war in Iran continued.

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nysun71d ago

Trump Sparks Fierce Debate Over Mechanics of States Being Charged With Collecting Medicare and Child Care Costs

Mr. Trump suggested during Easter remarks that states may need to raise taxes to shoulder the load of Medicaid and daycare costs, while the federal government might lower taxes a little to help them manage collections and distributions.

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investing_us71d ago

Wang Hsueh-Chun sells Photronics Inc (PLAB) shares worth $426,900

Wang Hsueh-Chun sells Photronics Inc (PLAB) shares worth $426,900

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orangeleader71d ago

409 Day Focuses on Shopping Local

The Greater Orange Area Chamber of Commerce’s annual 409 Day celebration unfolded across the community Thursday, turning storefronts, parking lots, and morning drive‐thru windows into small pockets of hometown pride. [...]

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businessday71d ago

Tinubu vows to ameliorate economic hardship at Bayelsa project commissioning

President Bola Tinubu said on Friday that his administration will continue to develop strategies to ameliorate the suffering of Nigerians arising from global economic volatility. Speaking at a civic reception in Yenagoa, the Bayelsa State capital, the president reiterated his awareness of the ongoing economic challenges and committed to working with the Ministry of Finance [...] read more Tinubu vows to ameliorate economic hardship at Bayelsa project commissioning

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premiumtimesng71d ago

Nigeria’s second-biggest beer maker posts N51 billion profit after seven years of loss-making

The company’s share price was up by 9.9 per cent at N13.35 in Lagos after the news went public. It is its strongest daily gain since the start of the year. The post Nigeria’s second-biggest beer maker posts N51 billion profit after seven years of loss-making appeared first on Premium Times Nigeria .

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seekingalpha71d ago

2 Powerful 9-11% Yielding Income Machines: Only One Is A Buy

Despite significant market volatility creating seemingly attractive high yields across multiple sectors, not all income machines are created equal. Read the full analysis here.

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bitcoinworld71d ago

Revolutionary: Bitget Launches IPO Prime for Tokenized Pre-IPO Investments, Starting with SpaceX

BitcoinWorld Revolutionary: Bitget Launches IPO Prime for Tokenized Pre-IPO Investments, Starting with SpaceX In a groundbreaking move that bridges traditional finance with digital assets, cryptocurrency exchange Bitget has launched IPO Prime, a platform offering tokenized investment opportunities in pre-IPO companies. The platform’s inaugural [...] This post Revolutionary: Bitget Launches IPO Prime for Tokenized Pre-IPO Investments, Starting with SpaceX first appeared on BitcoinWorld .

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investing_za71d ago

Burry still bearish on Palantir despite Trump endorsement

Burry still bearish on Palantir despite Trump endorsement

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themarketsdaily71d ago

Iovance Biotherapeutics’ (IOVA) Buy Rating Reiterated at Chardan Capital

Iovance Biotherapeutics (NASDAQ:IOVA – Get Free Report)‘s stock had its “buy” rating reissued by Chardan Capital in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $16.00 price objective on the biotechnology company’s stock. Chardan Capital’s target price would suggest a potential upside of 334.43% from the stock’s current [...]

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