© Reuters. FILE PHOTO: Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company smiles as she speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 29, 2019. REUT By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney (NYSE:)…

Investing.com – inventories jumped almost 8 million barrels last week, way above forecast, while fuel stocks exceeded expectations as well, the agency in charge of national energy data reported, raising questions about peak summer demand typical in the coming weeks. The rose by 7.919 million barrels during the week ended…

Investing.com – The U.S. dollar edged higher in early European trade Friday, rebounding after the previous session’s sharp losses as traders sought out a safe haven after weak Chinese inflation data. At 02:55 ET (06:55 GMT), the , which tracks the greenback against a basket of six other currencies, traded…

By David Morgan WASHINGTON (Reuters) – Republicans in the U.S House of Representatives on Thursday adopted government spending targets for the next fiscal year below the level agreed by Speaker Kevin McCarthy and Democratic President Joe Biden, setting up a fight with the Democratic-led Senate that could again risk a…

The U.K. market is in the middle of its customary summer lull. The “sell in May and go away” meme still holds true in the U.K., where the ruling classes in effect mirror the public school holiday timetable and enter a period of “skiving off.” This means things go very…

Forget the latest blather from the Fed: folks just trying to get a decent income stream are still getting a raw deal these days. Treasuries pay 3.7%. Stocks? Just 1.6%. Too bad inflation is at 4%, so our real returns are negative on both! Sure, stocks do give us price…

BEIJING — Chinese electric car company Nio announced Tuesday it received $738.5 million in new capital from a fund owned by the Abu Dhabi government.The strategic investment ultimately gives the fund, CYVN Holdings, a 7% stake in Nio.The deal was priced at $8.72 a share, a release said. That’s 6.7%…

Wall Street is slowing down after the market rally last week. Stocks opened lower Tuesday to kick off a shortened trading week due to the Juneteenth holiday. Stocks closed lower Friday, but still earned overall weekly gains. Both the S & P 500 and Nasdaq Composite notched their best week…

Progress on achieving global gender equality is languishing. A new report from the World Economic Forum estimates that women won’t attain parity with men for another 131 years. In other words, not until 2154. The overall gender gap — a measurement of equality across the realms of the economy, politics,…

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