Business

Trading Day: Bracing for global rate hikes

Thursday, March 19 by SRN News

ORLANDO, Florida, March 19 (Reuters) - Wall Street fell on Thursday in highly volatile trading that saw huge swings in world stocks, bonds and oil prices, as traders began to price in global interest rate hikes to counter the inflationary pressures of the Middle... Read More.

US pump prices jump 30% since Middle East war began, headed toward $4 a gallon

Thursday, March 19 by SRN News

By Nicole Jao NEW YORK, March 19 (Reuters) - U.S. gasoline pump prices have jumped more than 30% this month, moving toward $4 a gallon despite efforts by President Donald Trump to curb price increases and contain supply disruptions stemming from the Middle East war. U.S.... Read More.

Cheniere, Venture Global shares surge amid Iran attacks on Qatar LNG infrastructure

Thursday, March 19 by SRN News

By Curtis Williams and Scott DiSavino HOUSTON, March 19 (Reuters) - Shares of U.S. liquefied natural gas producer Cheniere Energy jumped to an all-time high while Venture Global initially spiked as much as 13% on Thursday after QatarEnergy said attacks by Iran may shut nearly... Read More.

Talk of AI disruption, wars, oil and rates dominates M&A conference even as deals soar

Thursday, March 19 by SRN News

By Svea Herbst-Bayliss and Dawn Kopecki NEW ORLEANS, March 19 (Reuters) - The value of dealmaking is close to all-time highs, even as corporate executives struggle to navigate the Trump administration's tariffs, wars on multiple continents and how artificial intelligence will shape the economy in... Read More.

Factbox-How US regulators are overhauling bank capital rules

Thursday, March 19 by SRN News

By Pete Schroeder WASHINGTON, March 19 (Reuters) - U.S. banking regulators on Thursday unveiled sweeping plans to streamline and ease numerous capital requirements for the nation's largest banks, which could free up billions of dollars for lending, dividends and share buybacks. Top regulatory officials appointed... Read More.

US fixed 30-year mortgage rate hits three-month high amid Iran war

Thursday, March 19 by SRN News

WASHINGTON, March 19 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage surged to a three-month high this week as war in the Middle East stoked inflation fears, dealing a blow to the Trump administration's efforts to make housing more affordable. The... Read More.

American Airlines and Google say AI helped airplanes reduce contrails that trap heat

Thursday, March 19 by SRN News

American Airlines and Google said Thursday that they significantly reduced the climate impact of some of the airline's flights using an AI-based forecasting tool to help prevent contrails. When airplanes fly through cold and humid areas, ice crystals can form around the soot particles emitted... Read More.

Average US long-term mortgage rate rises to 6.22%, highest level in more than 3 months

Thursday, March 19 by SRN News

The average long-term U.S. mortgage rate climbed this week to its highest level in more than three months, a setback for prospective home shoppers this spring homebuying season. The benchmark 30-year fixed rate mortgage rate rose to 6.22% from 6.11% last week, mortgage buyer Freddie... Read More.

Factbox-US-Israeli war with Iran causes major oil, gas disruptions

Thursday, March 19 by SRN News

March 19 (Reuters) - The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbours have damaged major energy facilities and brought shipping through the Strait of Hormuz - which handles about 20% of global oil and liquefied natural gas flows - close to... Read More.

China’s Alibaba targets $100B in AI and cloud revenue over 5 years

Thursday, March 19 by SRN News

HONG KONG (AP) - China's technology giant Alibaba Group pledged on Thursday a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, which it said would be powered by the AI demand boom. The announcement... Read More.

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Current Weather

Trading Day: Bracing for global rate hikes

US pump prices jump 30% since Middle East war began, headed toward $4 a gallon

Cheniere, Venture Global shares surge amid Iran attacks on Qatar LNG infrastructure

Talk of AI disruption, wars, oil and rates dominates M&A conference even as deals soar

Factbox-How US regulators are overhauling bank capital rules

US fixed 30-year mortgage rate hits three-month high amid Iran war

American Airlines and Google say AI helped airplanes reduce contrails that trap heat

Average US long-term mortgage rate rises to 6.22%, highest level in more than 3 months

Factbox-US-Israeli war with Iran causes major oil, gas disruptions

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