All About Everything

Citi's Defeat on $500 Million Error Was Wrong, Professors Argue

A group of law professors said in a brief filed Thursday with the federal appeals court in Manhattan that the lower-court ruling, allowing Revlon Inc. lenders to hold on to $504 million the bank wired them last August, misapplied legal precedent and could harm ...

Oil notches second weekly gain despite India virus surge

NEW YORK (Reuters) -Oil edged up slightly on Friday even as the COVID-19 crisis in India worsened, and prices notched a second weekly gain against the backdrop of optimism over a global economic recovery. FILE PHOTO: Pump jacks operate at sunset in ...

Inflation is the big challenge for markets and the Fed in the week ahead

Multiple Fed speakers are on the calendar, and investors will pay close attention to them as new inflation data is reported. Tech stocks could face multiple headwinds, including from the upcoming Tax Day.

US drillers add oil and gas rigs for second week in a row -Baker Hughes

U.S. energy firms added oil and natural gas rigs for a second week in a row as higher oil prices prompted some drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose eight to 448 in the week to May 7, its highest since ...

Oil prices climb as China, US economic data lift markets

Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pandemic in India capped prices. Brent crude futures for July were at $68.40 a barrel by 0616 GMT, up 31 ...

US drillers add oil and gas rigs for second week in a row: Baker Hughes

(Reuters) - U.S. energy firms added oil and natural gas rigs for a second week in a row as higher oil prices prompted some drillers to return to the wellpad. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick ...

Elon Musk on SNL Spurs Dogecoin Watch Parties After 20000% Gains

The late-night comedy show has become a potentially market-moving event for the joke cryptocurrency on a wild ride. By. Misyrlena Egkolfopoulou. May 7, 2021, 8:48 AM PDT. Elon Musk. Photographer: Liesa Johannssen-Koppitz/Bloomberg ...

Reflation, Inflation, Deflation: Stocks Can Live With Everything

Growth running hot? Banks and transports gain, as they did for all five days this week. Hiring hobbled? Big rebound in stay-at-home tech plays, like Friday's in the Nasdaq 100 and Cathie Wood's ARK Innovation ETF. Surging commodities sowing inflation angst ...

April jobs report falls short of expectations. Five market analysts on the miss

"This is something I think, just going around the horn, no one expected. But I really think that what we're seeing in the data is that the hiring we saw in March was really a recall of existing workers that were furloughed or laid off.

Credit Agricole Profit Rises on Low Provisions, Strong Trading

Credit Agricole SA's profits jumped in the first quarter, as the bank joined European peers in posting a strong trading performance and lower-than-anticipated charges to cover potential loan losses. Net income rose 64% from a year ago to 1.05 billion euros ...