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News
Exxon's 2030 Targets Call for $35 Billion More in Cash Flow. Here's the Milestone That Tells You It's on Track By 2028.
1+ day, 2+ hour ago (17+ words) Exxon is leaning into growth, but a significant portion of that growth will come from one place....
Benin bets on turning its cotton crop into clothes at home
5+ hour, 21+ min ago (886+ words) The founder of DAF Collection said that the tag means her country is trying to take full advantage of the abundant raw material produced in Benin. For her, there is also the opportunity to support more women in her community…...
Apollo Global Is Said in Talks to Acquire J&J’s Orthopedics Unit
1+ day, 7+ hour ago (82+ words) Alternative asset manager Apollo Global Management Inc. is in discussions to acquire the Johnson & Johnson orthopedics unit that the conglomerate has been looking to separate, according to people familiar with the matter....
Bill Dudley Expects Fed to Raise Rate by 25 Bps
1+ day, 8+ hour ago (47+ words) Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at their next meeting. He speaks…...
Office Revenues Are Failing To Keep Pace With Expenses
1+ day, 9+ hour ago (41+ words) Office operating expenses exceed revenue growth, impacting NOI. Rising costs persist post-pandemic....
Futures Traders Just Dramatically Repriced the Chances of a Fed Hike Next Week
16+ hour, 34+ min ago (509+ words) Suddenly, an interest rate hike by the Federal Reserve next week looks a lot like a sure thing. That's according to the federal funds futures market, which now puts the chances of a rate hike at next week's Federal Open…...
Middle East, Ukraine just dealt another blow to your wallet
16+ hour, 34+ min ago (982+ words) If you're expecting to fill up a gas tank or a truck with diesel fuel in the next few days, don't be surprised that prices are higher. Wholesalers in the United States and elsewhere have been telling customers they're raising…...
US consumer prices accelerate in August, push Fed closer to rate hike
1+ day, 11+ hour ago (548+ words) By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
America In Focus: inflation accelerated in August, home sales weaken and diesel prices soar
1+ day, 11+ hour ago (489+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Fed Meets Next Week To Confront Rising Inflation Pressures
1+ day, 20+ hour ago (626+ words) The Federal Reserve's policy committee is expected to raise its key interest rate for the first time since 2023. Fed officials face pressure to raise rates to combat stubbornly high inflation that has run above target since 2021. A rate hike could…...