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Refiners don't care what crude costs. They care about the crack spread. Right now, those margins look like the ultimate holiday bonus.
We haven't written up this one. CNBC World has the full story — the link below goes straight to it.
AI-linked stocks plunged worldwide on Monday after leaders of the biggest artificial intelligence companies warned of risks from rapid development, the starkest threat yet to the billions of dollars…
NEW YORK — The yield on the 10-year U.S. Treasury note hit five percent Monday as oil prices rose further amid a Middle East war that has exacerbated the inflation outlook.
NEW YORK — A selloff in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget alike.
Business continues to be booming for CoreWeave, as demand isn't slowing.
The Nasdaq slid 1% on Monday after AI company executives called for a slowdown in developing the technology.
Republicans’ latest concession could determine whether the long-delayed legislation moves ahead.
