US Treasury Official on the Travel Rule and Risks of Unhosted Wallets
Deputy Secretary Wally Adeyemo shares focuses of the agency's regulatory efforts in the coming months, including unhosted crypto wallet rules, at Consensus 2022.
(Bloomberg) -- Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutCrypto Meltdown Claims Rolex and Patek Philippe as VictimsNetflix Crashes After ‘Stranger Things 4’ Finale ReleaseUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Electric Veh
The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.
The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable.
Meta CEO Mark Zuckerberg announced to employees that the social media giant would be scaling back hiring and turning up the heat on its employees.
(Bloomberg) -- Commodities are careering into a second half that promises as much turmoil as the first, with the world facing an escalating energy crisis, copper plunging on Fed-fueled recession fears, and Russian President Vladimir Putin delivering a shock for Shell Plc.Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutCrypto Meltdown Claims Rolex and Patek Philippe as VictimsNetflix Crashes After ‘Stranger Things 4’ Finale ReleaseUS Will Face High Gas Pric
HOUSTON (Reuters) -Exxon Mobil Corp on Friday signaled that skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according to a securities filing. Energy prices have shot up this year with oil selling for more than $105 per barrel and gasoline at about $5 per gallon in the United States. In the first quarter, Exxon posted an $8.8 billion profit, excluding a Russia writedown.
Elon Musk was laughing. Tesla, the entrepreneur’s electric car maker, had just delivered its first ever back-to-back quarterly profits and the ebullient chief executive was delighting in telling Wall Street just how he’d pulled it off.
It's been a tough decade for ExxonMobil (NYSE: XOM). The integrated oil major has dealt with volatile oil prices over the past 10 years, and the stock is up just 10% over that time. The demise of fossil fuels looks further away than some anticipated, and ExxonMobil is seeing the revival investors have been waiting years for.
Want to learn how to retire with $5 million? Here are a few things you can do to stretch your nest egg over the course of your retirement.
In this article, we take a look at the top 10 oil and gas stocks to invest in. If you want to skip our detailed analysis of the energy sector, go to Top 5 Oil and Gas Stocks to Invest In. The stock market has been going through a rough patch for quite some time […]
(Bloomberg) -- Sam Bankman-Fried, the co-founder of crypto exchange FTX US who just signed a deal with BlockFi Inc., said he’s open to exploring acquisitions in the battered crypto-mining industry next. Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutCrypto Meltdown Claims Rolex and Patek Philippe as VictimsNetflix Crashes After ‘Stranger Things 4’ Finale ReleaseUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Electric
Yahoo Finance reporter Jen Schonberger discusses news that the White House is weighing the idea of stablecoin regulation that would extend beyond banks and the EU reaching a landmark deal on crypto regulation.
Meta (META) could be bracing for a "tornado-like quarter," says Wedbush Managing Director Dan Ives.
Inflation has touched all parts of the economy. According to Blake Hurst, a farmer and former president of the Missouri Farm Bureau, it's hitting both farmers and consumers.
Exxon Mobil has gained as oil prices surged and Russia attacked Ukraine, but is XOM still a buy after Q1 earnings and softening oil prices?
Some McDonald’s locations are axing the chain’s U.S. deal offering soda and other cold beverages of any size for a buck as restaurant owners try to manage a record spate of inflation.
Two oil companies that will control the largest swath of the Williston basin in North Dakota formally closed their merger Friday and unveiled the $6 billion company’s new name. Denver-based Whiting Petroleum merged with Houston-based Oasis Petroleum, creating a new publicly traded oil and gas producer going by the name Chord Energy Corp. Chord’s shares are expected to start trading on the Nasdaq exchange Tuesday under the ticker symbol "CHRD." The companies say the name Chord was inspired by the musical term and reflects the belief that “complementary strengths create something more formidable than either independent entity.”
Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for oil and gas, with billions more coming from higher margins for gasoline and other energy products.
(Bloomberg) -- Bunge Ltd. restructured its Russian business by changing the name and moving the country of origin to Bermuda, paving the way for a potential sale of its biggest sunflower oil plant in Russia.Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutCrypto Meltdown Claims Rolex and Patek Philippe as VictimsNetflix Crashes After ‘Stranger Things 4’ Finale ReleaseUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysThe Wheels Have Come Off Elec