Business

Trading Day: The oil, bonds tango

Monday, May 4 by SRN News

By Jamie McGeever ORLANDO, Florida, May 4 (Reuters) - Oil prices jumped further above the $100-a-barrel mark on Monday as Iran controls the Strait of Hormuz, despite U.S. efforts to free up shipping, pushing U.S. Treasury yields higher and dragging stocks lower. In my... Read More.

Actors and studios strike a tentative 4-year deal, easing fears of another Hollywood shutdown

Monday, May 4 by SRN News

LOS ANGELES (AP) - Union board members representing television and movie actors are set this week to review a tentative contract deal with studios and streaming services. While an agreement was announced Saturday, it still must be approved by the board of the Screen Actors... Read More.

Associated Press global investigation into government surveillance efforts wins Pulitzer Prize

Monday, May 4 by SRN News

NEW YORK (AP) - The expansion of government surveillance efforts in China - and the role that U.S. tech firms played in it - was the foundation of investigative stories from The Associated Press that won a Pulitzer Prize Monday for international reporting. The... Read More.

Goldman says global oil stocks approaching eight-year low, depletion speed a concern

Monday, May 4 by SRN News

May 4 (Reuters) - Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the Strait of Hormuz remained restricted. Oil prices jumped about 6% on... Read More.

Trump says interest rates are too high

Monday, May 4 by SRN News

May 4 (Reuters) - U.S. President Donald Trump posted on social media on Monday that interest rates were too high, having called for months for the base rate to be cut. (Reporting by Ismail Shakil and Costas Pitas; Editintg by Doina Chiacu) Brought to... Read More.

US to move forward with plans to hike EU car tariffs

Monday, May 4 by SRN News

By David Shepardson WASHINGTON, May 4 (Reuters) - U.S. Trade Representative Jamieson Greer told European Union and German trade officials over the weekend that the U.S. will move forward with President Donald Trump's plan to raise EU car import tariffs to 25%, according to a... Read More.

Tesla posts mixed April sales across Europe but overall rebound stays on track

Monday, May 4 by SRN News

By Amir Orusov and Mathias de Rozario May 4 (Reuters) - New registrations of Tesla vehicles extended their recovery in several European markets in April, more than doubling in Sweden, France and Denmark while rising in the Netherlands but falling sharply in Norway, Portugal,... Read More.

Williams says Fed policy well positioned for economic risks, uncertainty

Monday, May 4 by SRN News

By Michael S. Derby NEW YORK, May 4 (Reuters) - New York Federal Reserve President John Williams said on Monday the U.S. central bank's monetary policy is "well positioned" to deal with the high level of economic uncertainty facing the economy as a result of... Read More.

Endangered whale protections may be delayed to 2035 under Trump-blacked plan

Monday, May 4 by SRN News

PORTLAND, Maine (AP) - For roughly 380 right whales left in the North Atlantic, which can die after getting tangled in fishing ropes or hit by ships, the Trump administration said this month it wants to delay new protections by almost a decade in... Read More.

Nitrogen surge to lift CF, Nutrien earnings; Mosaic faces headwinds

Monday, May 4 by SRN News

By Sumit Saha May 4 (Reuters) - Nitrogen-focused fertilizer producers are set to report stronger quarterly earnings as a surge in prices, driven by Middle East gas disruptions, lifts margins, though the benefit may only start to fully show in coming quarters. Analysts expect nitrogen-focused producers... Read More.

Current Weather

Trading Day: The oil, bonds tango

Actors and studios strike a tentative 4-year deal, easing fears of another Hollywood shutdown

Associated Press global investigation into government surveillance efforts wins Pulitzer Prize

Goldman says global oil stocks approaching eight-year low, depletion speed a concern

Trump says interest rates are too high

US to move forward with plans to hike EU car tariffs

Tesla posts mixed April sales across Europe but overall rebound stays on track

Williams says Fed policy well positioned for economic risks, uncertainty

Endangered whale protections may be delayed to 2035 under Trump-blacked plan

Nitrogen surge to lift CF, Nutrien earnings; Mosaic faces headwinds

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