Morning News: July 16, 2024

The World Is Pushing Clean Energy. Oil Companies Are Thriving

Oil Bulls Face Make-or-Break Moment on Price Rally

TotalEnergies Expects Output at High End of Guidance, Warns on Weak Refining Margins

Rio Tinto Gets Simandou Approvals

Nobel Laureate Stiglitz Explores Ways to Boost Supply Chain Resilience

Xi Jinping’s Great Economic Rewiring Is Cushioning China’s Slowdown

US Tariffs at 60% Would Halve China’s Growth Rate, UBS Says

Powell Says US Data Offer Confidence That Inflation Is on Path to 2%

The True Bull Market May Finally ‘Wake Up’ as Investors Eye Rate Cuts

Biden Calls for National Rent Control on Corporate Landlords

The Housing Market Will Tell the Fed How Much to Cut Rates

Timing ‘Trump Trades’ With an Eye on GOP Platform

Buffett’s Berkshire Hathaway Sets, Closes at Record High

BofA Says Net Interest Income to Climb After Quarterly Haul Misses Estimates

Blue Owl to Buy Atalaya in Deeper Expansion Into Private Credit

Insurers Tied to Apollo, KKR Buy Mortgages Outright in New Twist

Goldman Joins Rivals in Setting Up New Mideast-Focused Fund

Morgan Stanley Traders, Bankers Beat Estimates as Wealth Lags

Hedge Fund Segantii Has Returned More Than 90% of Client Money

Storage Firm Lineage Is Said to Seek Up to $3.85 Billion in IPO

General Motors Backs Away from Its One Million EV Sales Target

Tesla Is On a Hiring Spree After Musk-Ordered Mass Firings

UnitedHealth Profit Beats Expectations as Cost Woes Persist

Dollar General Will Pay $12 Million in Fines Over Workplace Safety Violations

Cartier Owner Richemont Hit by Sluggish Demand in China

Hugo Boss Joins Burberry in Warning on Luxury Spending, Cuts Full-Year Sales Outlook

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Posted by on July 16th, 2024 at 7:04 am


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