Chevron (NYSE:CVX), like many Energy-sector stocks, has struggled on a relative basis to the S&P 500 so far in 2024. The group is higher, of course, but momentum has not been consistent with resource stocks over the past handful of months. Among the more recent trends that should be a…

On a warm summer evening in Ankara, four dogs charged down one of the sleepy streets, barking with the self-assurance of animals enjoying the run of Turkey’s capital. The noisy canine pack — some sporting brightly coloured state-issued tags in their ears — are among the estimated 4mn “street dogs” that…

Vice President Kamala Harris on Saturday put the focus on the dangers of a second Trump administration, rather than the growing concerns over President Joe Biden’s candidacy, as she attempted to convince Black voters to once again deliver a win for the Biden-Harris ticket. “This is probably the most significant…

Our country has valued hard work from our founding as a nation. The Puritan work ethic shows itself everywhere. Most working people see “hard worker” as a desirable quality in themselves and others. We often define success by how much wealth we accumulate from all that hard work. What’s wrong…

Mortgage rates reversed course this week and headed north of 7% again, following several weeks of decline, according to Freddie Mac. The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac’s latest Primary Mortgage Market Survey. That’s an increase from the previous week…

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Iran elected Masoud Pezeshkian to its presidency, in an unexpected victory for the country’s reformist camp amid deep social discontent, economic hardship, and regional war.Pezeshkian won 16.3 million votes, according to reports which cited the local authorities, with the election seeing a 49.8% turnout. His rival Saeed Jalili, a hard-line…

“We’re scared of what might happen,” Amel, 34, told CNBC ahead of the final round of voting in France’s snap election this weekend.The vote is being closely watched by all quarters of French society to see if the nationalist, anti-immigration National Rally (RN) builds on its initial win in the…

The wedding of the year is here. In less than a week, Anant Ambani, son of Indian billionaire Mukesh Ambani, will marry his girlfriend Radhika Merchant. India is no stranger to opulent weddings, but the preparations and parties for this particular union have transfixed the country. Jaw-dropping guest lists, which have…

Huge undercount of immigrants since 2022 messes up employment data in the household survey. Census Bureau needs to adopt Congressional Budget Office’s population estimates or go home. The jobs report data released today is based on two large surveys: The survey of “establishments” (employers): nonfarm jobs created (+206,000 in June),…