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Business News


Oil Prices Fall as Concerns of U.S. Recession Outweigh Optimism of China's Lifting of COVID-19 Curbs
Oil prices fell on Wednesday, with Brent futures dropping 1.1% to $84.98 a barrel and U.S. West Texas Intermediate (WTI) crude falling...
Jan 18, 2023


Energy Startup pulls off first meaningful CO2 direct-air capture - plans to move into LA
Startup Climeworks AG achieved an important milestone recently by successfully pulling CO2 from the open air and storing it underground...
Jan 18, 2023


More insurance companies pull out of Louisiana
Thousands of folks in the south no longer have home insurance because companies are leaving the area after years of devastating storms....
Jan 17, 2023


State money to lure property insurers to Louisiana won’t come until spring
Gov. John Bel Edwards and lawmakers intend to wait until April to fund an incentive program meant to attract more property insurance...
Jan 12, 2023


BARRONS: What Kevin McCarthy and the House Speaker Turmoil Means for Markets
California Republican Kevin McCarthy lost another string of votes to become House speaker Thursday, as the drama on Capitol Hill extended...
Jan 6, 2023


ZERO HEDGE: Tesla Tumble Reignites After Disappointing Deliveries
Short-sellers in the world's largest EV maker continue to do well as 2023 starts with Tesla down 10% after missing expectations on new...
Jan 3, 2023


Energy sector 'could absolutely do well again' in 2023, says analyst
Energy is the best performing sector year-to-date. The S&P 500 Energy ETF (XLE) is up 62%, far outperforming any other equity group in...
Dec 5, 2022


Gas Prices Are Dropping: Here’s How Much Lower They Might Go
The average cost of fuel in the U.S. has fallen more than 30% from record highs, with seven states below $3 a gallon Fuel prices have...
Dec 5, 2022


Stocks fall ahead of more economic data
U.S. stocks sunk Monday ahead of another wave of economic data out this week. The S&P 500 (^GSPC) moved lower by 0.9% in early morning...
Dec 5, 2022


Florida follows Louisiana - pulls $2B from BlackRock in largest anti-ESG divestment
Florida's chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc...
Dec 5, 2022


Texas wants to be the centerpiece of Bitcoin innovation, says Governor Abbott
Texas Governor Greg Abbott sees value in what Bitcoin means to the entire world, adding that his state “wants to be the centerpiece of...
Dec 1, 2022
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