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  • Nov 09, 2024

Russia Weighs Plan to Merge Biggest Oil Companies, WSJ Reports

(Bloomberg) -- Russian officials and business executives have held talks about merging the country’s biggest oil companies into a single producer, the Wall Street Journal reported.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationUnder one potential plan, state-backed Rosneft PJSC

  • Nov 08, 2024

Railroads ask federal courts to order FRA to take action on waylaid safety waivers

BNSF Railway, CSX, and Union Pacific filed lawsuits against the Federal Railroad Administration today for its failure to act on a half dozen safety waiver requests that in some cases would allow railroads to scale back visual inspections in areas where they have deployed new high-tech train and track inspection systems. The post Railroads ask federal courts to order FRA to take action on waylaid safety waivers appeared first on FreightWaves.

  • Nov 08, 2024

Gold Heads for Weekly Drop as Traders Weigh Trump, Fed Outlook

(Bloomberg) -- Gold fell at the end of a volatile week’s trading, as investors assessed the path ahead for US rates and the implications of Donald Trump’s election victory.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationBullion fell by as much as 1% Friday, on track for its bigg

  • Nov 08, 2024

Wall Street Fed Watchers Dial Back 2025 Rate-Cut Expectations

(Bloomberg) -- Economists and strategists across Wall Street have dialed back their expectations for US interest-rate cuts next year based on this week’s presidential election of Donald Trump and comments by Federal Reserve boss Jerome Powell.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion,

  • Oct 09, 2024

US regulator, financial industry monitoring impact of Hurricane Milton on investors, capital markets

The Securities and Exchange Commission and a top financial industry group said they were closely monitoring the impact of Hurricane Milton on investors and capital markets. The SEC said in a statement on Wednesday it would consider possible relief from regulatory requirements for those affected by the storm. The Securities Industry and Financial Markets Association (SIFMA) said in a separate statement it was confident its member firms in Florida were prepared for the storm.

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