Oil prices could surge if Iran enters the war, Pioneer Natural Resources CEO says
Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in the war between…
China’s consumer spending isn’t roaring back to pre-pandemic levels yet
BEIJING — China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said. Retail sales…
Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march…
Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more
Check out the companies making headlines in midday trading. Skechers — The shoe company gained 1.6% after UBS reiterated its…
Paul Tudor Jones says it’s hard to like stocks given geopolitical risks, weak U.S. fiscal position
Billionaire hedge fund manager Paul Tudor Jones said Tuesday it’s extremely tough to be an investor in risk assets amid escalating geopolitical…
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…
Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more
Check out the companies making headlines in premarket trading. Palantir Technologies — Shares of the data analytics company added 2.3%…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
Stocks making the biggest moves midday: General Dynamics, United Airlines, Spotify and more
Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%…
