U.S. Crude Oil Rebounds 2% After Last Week’s Sell-Off
October 22, 2024: U.S. crude oil prices experienced a significant rebound, surging nearly 2% after a sharp sell-off the previous week.
Novavax Shares Plunge After FDA Halts Covid-Flu Combo Vaccine
October 17, 2024: Novavax, a biotechnology company focused on vaccine development, has announced that the U.S. Food and Drug Administration (FDA)
Data Centers to Boost Coal Demand, Benefiting Miners: Moody’s
October 16, 2024: In a recent report, Moody’s Investors Service highlighted the potential for data centers to significantly extend the coal demand, thereby benefiting miners.
Jeff Shell Set to Lead Paramount May Make Bold Changes Post-NBC
October 14, 2024: Jeff Shell, the former CEO of NBCUniversal, is poised to assume the CEO role at Paramount Global. His appointment comes amidst a significant transformation
SpaceX Could Get FAA License for Starship Launch by Sunday
October 10, 2024: SpaceX, the aerospace company founded by Elon Musk, is poised to receive the necessary license from the Federal Aviation Administration
S&P’s Dan Yergin Warns of Global Economic Risks Amid Mideast Tensions
October 8, 2024: Daniel Yergin, a prominent energy expert and vice chairman of S&P Global, has issued a stark warning about the potential for a global economic downturn,
Goldman Lowers U.S. Recession Odds to 15%
October 8, 2024: Goldman Sachs, a leading investment bank, has lowered its forecast for the probability of a U.S. recession to just 15%.
Stellantis Sues UAW Union Over Strike Threats in Federal Court
October 7, 2024: Stellantis, the global automotive manufacturer formed from the merger of Fiat Chrysler and PSA Group, has initiated legal proceedings
Private Payrolls Grow by 143,000 in September, Beating Expectations
October 3, 2024: In September, the U.S. labor market exhibited renewed strength as private sector payrolls surged by 143,000 jobs, surpassing analysts’ expectations.
Spacecraft Delivery Startup Raises $150M, Led by Founders Fund
October 2, 2024: A spacecraft delivery startup founded by a former SpaceX rocket guru has successfully raised $150 million in a new funding round