Markets

WASHINGTON (Reuters) – A U.S. appeals court on Wednesday said it struck down the Biden administration’s decision to deny small refiners “hardship waivers” that exempt them from nation’s biofuel mandates, in a win for the refining industry. In July, the Environmental Protection Agency (EPA) denied almost all outstanding petitions from…

The Euro has ascended to a six-month peak against the Pound Sterling, capping off a week with consistent gains as the pair approached 0.8750. This rise comes despite mixed economic data from both the European Union and the United Kingdom, where the UK’s figures have notably underperformed even when exceeding…

Source: Pexels Bitcoin (BTC)’s market cap could flip that of gold within two years, thus bringing its price up to $700,000 per coin. That’s according to Blockstream CEO Adam Back – a “Bitcoin OG” and one of the internet’s popular suspects for being Bitcoin’s anonymous creator, Satoshi Nakamoto. “Digital gold,…

On November 9, 2023, Worthington Enterprises WOR announced that its Board of Directors had approved the separation of its Steel Processing business (Worthington Steel). Beginning on December 1, the Company’s name changed to Worthington Enterprises, Inc., and shares of the Company started trading on the NYSE under the symbol “WOR.”…

Uber Technologies stock could be added to the S&P 500 index as early as Friday in conjunction with the quarterly index rebalancing, helping to boost shares of the ride-share company. Uber Technologies, which has a market value of $116 billion, is the largest U.S. company that isn’t in the S&P…

© Reuters. Institutional investors have a significant stake in Teekay Tankers (NYSE:) Ltd., with collective ownership of 50% of the company’s equity, highlighting their substantial influence over corporate governance and strategic decision-making. Teekay (NYSE:) Corporation leads the pack with a dominant 28% shareholding. Other major institutional players include Dimensional Fund…

The precious metals market in India saw mixed signals today, with spot Gold prices experiencing a slight decline, while futures showed a modest uptick amidst global economic cues. In the major Indian cities of Mumbai and Ahmedabad, Gold was trading between INR 63,120 and INR 63,315 per 10 grams. The…

The British pound gained ground against the US dollar on Friday, buoyed by stronger-than-anticipated UK Gross Domestic Product (GDP) figures and a softer dollar. The pair maintained its upward trajectory for the second day in a row, trading around 1.2230. The UK’s GDP for the third quarter remained steady, defying…

First-level investors think the key to retiring on dividends alone is to find the largest yields they can and ride them into the sunset. But while it’s important to lock down fat yields—like the five-pack of 5.5%-10.4% yielders I’ll share with you today—that’s only part of the puzzle. We need…

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