Germany Drops Opposition To Russian Oil Embargo

Soaring Energy Stocks May Be Bad Omen For Global Markets

Oil prices have risen for a fourth consecutive day with concerns over Russian supply disruptions trumping reduced demand expectations in China. Brent Crude climbed 1.7 percent to $109.40 per barrel, while WTI Crude moved up 1.03 percent to $106.50 per barrel. Both contracts are set to finish up on the week, and post their fifth … Read more

NYC five-alarm fire rips through building in Chinatown

NYC five-alarm fire rips through building in Chinatown

A five-alarm fire was raging at a building in New York City’s Chinatown early Sunday morning. The blaze was reported after midnight at the rear of Dim Sum Palace in a four-story, mixed-use building on Chatham Square. “Due to emergency personnel operating at a five alarm fire in Chatham Square and Mott Street, residents in … Read more

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Bond Traders Face Week That Threatens to Shatter Any Market Calm

Bond Traders Face Week That Threatens to Shatter Any Market Calm

(Bloomberg) — It’s been a volatile time for the Treasuries market — and the coming week will almost certainly be no exception. Most Read from Bloomberg Traders in the world’s biggest bond market are bracing for another round of price swings driven by a Federal Reserve meeting, the Treasury Department’s quarterly debt-sales announcement and the … Read more

Trump election probe in Georgia to seat special grand jury

Trump election probe in Georgia to seat special grand jury

ATLANTA (AP) — When potential grand jurors show up at an Atlanta courthouse Monday, they’ll find a television camera in the room and streets closed outside — nods to the intense public interest in the investigation into whether former President Donald Trump and others illegally tried to pressure Georgia officials to overturn Joe Biden’s presidential … Read more

Irrational Market Exuberance Is Dying a Painful Death: Devitt

Soaring Energy Stocks May Be Bad Omen For Global Markets

(Bloomberg) — Former Federal Reserve Chairman Alan Greenspan famously used the phrase “irrational exuberance” to describe the euphoric investor sentiment that sent tech stocks soaring in the late 1990s. Everyone knows what happened next. Most Read from Bloomberg Now, history seems to be repeating itself, as some of the disruptive and innovative companies that were … Read more