Josef Schachter of the Schachter Energy Report shares his updated outlook for oil and natural gas. He sees a buy window potentially opening for stocks in June, and also believes oil prices are due to rise. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned…
It was a slow start to the week for gold, but it didn’t take long for the price to pick up. The yellow metal began the period at the US$3,220 per ounce level, but was gaining steam by Tuesday (May 20), briefly breaking US$3,300. Gold continued higher the next day,…
The Federal Trade Commission voted to dismiss a lawsuit filed in the last days of the Biden administration that accused PepsiCo of offering sweetheart pricing to big retailers. FTC Chair Andrew Ferguson dissented to the suit when it was filed in January, when he was one of the regulator’s commissioners.…
United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday. The deal includes “40% of total economic improvements” in the first year and retroactive pay, a signing bonus, and quality of life improvements, like better scheduling and on-call time, the Association of Flight…
President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire its U.S. rival had been blocked on national security grounds. “This will be a planned partnership between United States Steel and Nippon Steel, which will create at least…
Russian armed forces are creating a “security buffer zone” along the border between Russia and Ukraine, President Vladimir Putin said Thursday. “I have already said that a decision was made to create the necessary security buffer zone along the border. Our armed forces are currently solving this problem. Enemy firing…
Italian police say they chased down a German tourist after spotting him transporting an ancient Roman artifact on a rented e-scooter. Officers apprehended the 24-year-old on Wednesday evening after he was spotted zipping down the historic Via Veneto near the US Embassy with the 30 kilogram (66lbs) marble base of…
U.S. President Donald Trump showed a screenshot of Reuters video taken in the Democratic Republic of Congo as part of what he falsely presented on Wednesday as evidence of mass killings of white South Africans. “These are all white farmers that are being buried,” said Trump, holding up a print-out…
Wildlife rangers are being killed at a rate of nearly two a week, and it’s a toll Prince William has said the world can no longer ignore. This is the reality laid bare in “Guardians,” a new six-part docuseries from the Prince of Wales which offers a rare insight into…
Chancellor Friedrich Merz inaugurated a groundbreaking German brigade in Lithuania that is meant to help protect NATO’s eastern flank and declared Thursday that “the security of our Baltic allies is also our security” as worries about Russian aggression persist. He said Berlin’s strengthening of its own military sends a signal…