Coterra Energy posts lower quarterly profit
(Reuters) -U.S. oil and gas producer Coterra Energy (NYSE:CTRA) posted a 22% decline in third-quarter profit on Thursday, hurt by weak prices of natural gas. Benchmark natural gas prices remained…
Investing
5420 posts
Fed governor divesting stock bought by spouse in violation of trading rules
By Michael S. Derby (Reuters) – Federal Reserve Governor Adriana Kugler, the newest of the U.S. central bank’s seven board members, has run afoul of new ethics rules governing how…
Sports betting in the UK faces tax hike challenges but remains resilient
The UK’s sports betting industry was shaken a few weeks ago when Treasury officials unveiled plans to double gaming taxes from 21% to 42% through incremental raises by 2030. This…
How the US election could shake up finance, tech, and energy sectors
As the upcoming US presidential election nears, financial markets are bracing for potential shifts across sectors, especially technology, finance, and energy. Analysts are closely monitoring candidates’ policies on banking regulation,…
A very busy fortnight
Earnings season has really stepped up a couple of gears this week with five members of the ‘Magnificent Seven’ set to report. This is such an important time for investors…
Is Wall Street betting on a Harris victory despite Trump’s surge in polls?
As former President Donald Trump and Vice President Kamala Harris gear up for a highly polarized election, Wall Street indicators seem to be at odds with political betting markets. With…
Tradeweb to extend trading hours the day after US election
NEW YORK (Reuters) – Bond trading platform Tradeweb plans to extend trading hours on Nov. 6, the day after the U.S. presidential election, and offer overnight support on Election Day.…
Column-How Trump or Harris would address Social Security’s problems
By Mark Miller (Reuters) – The next U.S. president and Congress will need to tackle the financial challenges facing Social Security if we are going to avert a sharp cut…
Ukraine holds key rate at 13% as inflationary pressure grows
By Olena Harmash KYIV (Reuters) – Ukraine’s central bank kept its main interest rate unchanged at 13% on Thursday, in line with market expectations, and said it would remain cautious…