Fuel Prices Are Soaring. Who Is Feeling the Pinch?
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
wsjfinance-markets
The Race to Drill America’s Longest Oil and Gas Wells
With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling...
BYD, China’s Tesla, Is Coming for the World
The EV maker is about to become an export juggernaut and a threat to the world’s largest automakers. Source link
Labor Could Be Detroit’s Next Big Disruption
What to Read Next Source link
Markets Appear Convinced the Fed Can Pull Off a Soft Landing
Stocks surged this past week on evidence that inflation is cooling. Source link
Municipal Bond Issuers on Edge as Debt Ceiling Deadline Nears
City and state governments fear a potential surge in borrowing costs and curtailed federal spending. Source link
Debt-Ceiling Fight Weighs on Defense Industry
Investors fear the fight could delay the passage of next year’s national-security budget—and hurt military contractors. Source link
Drop in Transportation Stocks Foreshadows Weakening Economy
The Dow Jones Transportation Average has badly underperformed the Dow Jones Industrial Average since early February. Source link
Circle’s USDC Stablecoin Breaks Peg With $3.3 Billion Stuck at Silicon Valley Bank
MarketsCurrenciesCryptocurrencySpooked investors cashed out over $2 billion worth of USD Coin, knocking the dollar-pegged token below 87 cents Source link
War in Ukraine Drives New Surge of U.S. Oil Exports to Europe
MarketsCommoditiesOil MarketsWith the West mostly shunning Russia’s oil and gas, U.S. crude exports increase Source link
Surge in Hiring by Small Business Complicates Fed’s Effort to Cool Economy
EconomyU.S. EconomyCentral bankers point to labor market as a primary driver of high inflation Source link
Slowing Growth Edges Out Inflation as Top Concern
Equities and fixed-income markets have diverged in December, suggesting that investors’ preoccupation with inflation is fading. Source link
FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda
MarketsCurrenciesCryptocurrencyEntrepreneur says he had little insight into workings of trading firm even though he owned 90% of it Source link
Bankrupt Crypto Exchange FTX Probing Unauthorized Transactions
MarketsCurrenciesCryptocurrencyMore than $370 million worth of crypto funds appears to be missing, according to risk-management firm Elliptic Source link
WSJ News Exclusive | Alameda, FTX Executives Are Said to Have Known FTX Was Using Customer Funds
Alameda Research CEO and senior FTX officials are said to have known that FTX had lent its customers’ money to...
How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber...
FTX Files for Bankruptcy; Sam Bankman-Fried Steps Down as CEO
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace.American companies are on pace to reshore, or...
Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling
Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond Inc. BBBY -19.63% this week, capping...
Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility
Berkshire Hathaway Inc.’s BRK.B -0.29% earnings slid in the second quarter as market turmoil weighed on the company’s massive stock...
