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U.S. oil futures post biggest daily drop since November as Saudi price cut raises demand worries
Natural-gas prices rally, buoyed by winter storm forecast Oil futures declined Monday, with U.S. prices posting their largest daily drop since November after Saudi Arabia cut its crude selling prices to all regions, raising concerns about the outlook for demand. A survey, meanwhile, showed higher oil production last month by members of the Organization of…
Lawmakers unveil bipartisan bill that aims to ban TikTok in the U.S.
A new bill from a bipartisan group of lawmakers, if passed, would ban TikTok in the U.S. after years of broad concern across the Trump and Biden administrations about potential Chinese government influence on the company. Social media stocks like Meta and Snap were positive Tuesday when the news broke. Meta shares were up more than…
Weekly Update by Mark Armstrong – May 9, 2025
Greetings from Tyler, The white smoke poured out of the Vatican chimney signifying they had chosen a new pope. Forgive me for not capitalizing the title. Having read some of his writings, one can’t help wonder if they chose him to blunt the effectiveness of you know who. Some of the stuff he’s put out makes you wonder…
Breaking News | China | NewsChina’s economy slows as trade war, weak demand highlight structural risks
BEIJING, Oct 20 (Reuters) – China’s economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on the humming of its exporting factories, stoking concerns about deepening structural imbalances. While the 4.8% growth rate met expectations and kept China on track to reach…
Carnage in France: Battles on the streets of Paris as riot police fire tear gas and charge at pension protesters after Macron’s hated bid to raise retirement age is approved by top constitutional court
Carnage is erupting on the streets of France tonight after French President Emmanuel Macron’s flagship pension reform passed a vital constitutional milestone despite months of disruptive strikes and protests. The legislation, which pushes the age at one can draw a full pension to 64 from 62, is deeply unpopular in France and has triggered huge disruption….
French PM Bayrou proposes slashing two public holidays to reduce national deficit
France’s public deficit hit 5.8% of GDP in 2024, totalling €168.6 billion, a figure well above the maximum allowed by EU rules. France’s Prime Minister François Bayrou has outlined plans to cut €43.8 billion from the national budget, warning that debt presents a “mortal danger” for the country. The cuts involve reducing the number of…


