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Source: Reuters News Agency
4 weeks ago
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New York cannot enforce $75 billion climate 'superfund' law, US judge rules

New York cannot enforce $75 billion climate 'superfund' law, US judge rules

A federal judge ruled on Monday ​that New York ‌cannot enforce a state law it enacted ​in 2024 that ​sought to force oil ⁠companies to contribute $75 ​billion over 25 years ​into a fund that will pay for damage ​caused by climate ​change.

Source: Reuters
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Source: Bloomberg Markets and Finance News Agency
4 weeks ago
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Trump's Venezuela Deal Leaves $100 Billion Question Unanswered

Trump's Venezuela Deal Leaves $100 Billion Question Unanswered

President Trump is framing the deal for a US stake in 65 billion barrels of Venezuelan oil as a victory that will lower gasoline prices and replenish depleted crude reserves. It's far from certain the plan will lead to either during his presidency — if at all.

Source: Bloomberg Markets and Finance
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Source: 24/7 Wall Street News Agency
4 weeks ago
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Scott Bessent Says U.S. Bonds Are Beating the Rest of the World Despite Wall Street's Warnings

Scott Bessent Says U.S. Bonds Are Beating the Rest of the World Despite Wall Street's Warnings

Treasury Secretary Scott Bessent used a CNBC Squawk on the Street appearance on August 31, 2026, to reframe a debate dominating Wall Street: whether the long end of the U.S. Treasury curve shows dysfunction or resilience.

Source: 24/7 Wall Street
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Source: Bloomberg Markets and Finance News Agency
4 weeks ago
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T. Rowe Price CEO Sharps on Private Assets and AI Adoption

T. Rowe Price CEO Sharps on Private Assets and AI Adoption

T. Rowe Price CEO Rob Sharps discusses how the company is adapting to the rise of passive investing. Speaking with Romaine Bostick on "Bloomberg The Close," Sharps also says private assets are slowly moving into 401(k) plans and sees "tax-loss harvesting" as a growth area.

Source: Bloomberg Markets and Finance
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Source: Seeking Alpha News Agency
4 weeks ago
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Materialise: A High-Margin Medical Business Hiding In Plain Sight

Materialise: A High-Margin Medical Business Hiding In Plain Sight

Materialise's Medical continues to deliver double-digit growth and strong margins and is increasingly underpinning the company's value. The Manufacturing segment is recovering, with aerospace strength offsetting weak prototyping demand and creating significant potential for margin expansion. Software is now an uncertainty, as recurring revenue growth has stalled despite Materialise's transition toward subscriptions and the introduction of new CO-AM products.

Source: Seeking Alpha
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Source: Fox Business News Agency
4 weeks ago
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'WARNING SHOT': Bessent just put bond vigilantes on notice, Dagen McDowell says

'WARNING SHOT': Bessent just put bond vigilantes on notice, Dagen McDowell says

'The Big Money Show' panelists analyze U.S. economic growth, market yields, rising oil prices and trade as Treasury Secretary Scott Bessent hosts G20 finance leaders in Asheville, North Carolina. 00:00 Scott Bessent rallies G20 against Iran 02:25 Could the Iranian economy collapse in weeks?

Source: Fox Business
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Source: Seeking Alpha News Agency
4 weeks ago
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Venezuela Will Refill America's Oil Reserves

Venezuela Will Refill America's Oil Reserves

The U.S. has struck a major deal with Venezuela to jointly develop 17 untapped oil fields via a new company, NABEP, with a 25-year, 1.5M bpd target. The U.S. will own 55% of the new joint venture, securing a strategic supply of heavy crude for Gulf refineries and refilling the depleted Strategic Petroleum Reserve.

Source: Seeking Alpha
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Source: Invezz News Agency
4 weeks ago
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Dow falls 380 pts as Iran conflict lifts oil prices and rate hike concerns

Dow falls 380 pts as Iran conflict lifts oil prices and rate hike concerns

US stocks ended lower on Monday as renewed military hostilities between the United States and Iran pushed oil prices higher and revived concerns about inflation and monetary policy. The decline came as investors prepared to close out a volatile August, with all three major indexes still on track to post monthly gains.

Source: Invezz
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