Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world’s largest independent energy trader. “The petroleum, the oil business, we still think it will […]

Federal Reserve Chair Jerome PowellSamuel Corum/Getty Images Indexes rose Thursday to continue a post-election rally after the Fed cut interest rates. The Fed cut rates by 25 basis points, a smaller move compared to its September meeting. The central bank appears slightly more focused on inflation as CPI data remains sticky. Indexes ended higher on

RNG earnings call for the period ending September 30, 2024. Image source: The Motley Fool. RingCentral (RNG 3.47%)Q3 2024 Earnings CallNov 07, 2024, 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Hello, and welcome to the RingCentral third quarter 2024 earnings conference call. [Operator instructions] As a reminder, this

Consumers broke up with cash during the COVID-19 pandemic, and it doesn’t appear that they’re rushing to reconcile. Before the pandemic, Steffen Kaplan, a social media and visual consultant in the New York area, preferred using cash to credit cards. When we spoke in September 2020, he said cash helped him avoid overspending, but the

(Bloomberg) — After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff proposals as US president. Most Read from Bloomberg The dollar reversed much of its post-election surge by Thursday’s close, and is trading little changed on

Key Takeaways AppLovin shares soared Thursday after the software company’s results and outlook topped Wall Street expectations. The stock staged a breakaway gap Thursday on the highest trading volume since August, signaling strong buying conviction from larger market participants. Bars Pattern analysis indicates that AppLovin shares may trend higher to around $360 in a move

Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024. Feature China | Future Publishing | Getty Images BEIJING – China is widely expected to unveil more stimulus on Friday after its parliament ends a five-day meeting. Authorities here have ramped up stimulus announcements since late September, fueling

Trump Media & Technology Group stock (DJT) sank by double digits on Thursday, falling nearly 23% to reverse the gains it enjoyed on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares in the company — the home of Trump’s social media platform, Truth Social — have been on a

Warren Buffett’s knack for understanding the intricacies of business and using that knowledge to build an empire is nothing short of legendary. With a portfolio that has bolstered Berkshire Hathaway to nearly a trillion-dollar value, his approach isn’t just sound; it’s awe-inspiring. But what does Buffett think is the secret ingredient for success in the

Americans disappointed with the outcome of the U.S. election took their anguish online, with searches related to moving abroad surging following the results of the presidential race. Google Trends showed that searches related to “leaving the country” and “how to move to …” spiked following the news that Donald Trump would be returning to the