Investing.com – and are registering rises of between 1% and 1.5% this Monday with OPEC+ extending its agreement on crude supply restrictions through 2024 and Saudi Arabia announcing production cuts of 1 million barrels per day (bpd) to a total of 9 million bpd. In what can be considered the…

Investing.com – The U.S. dollar slipped lower in early European trade Friday, adding to the previous session’s sharp losses after the U.S. Congress approved the debt ceiling bill, while traders awaited the widely watched monthly payrolls release. At 02:55 ET (06:55 GMT), the , which tracks the greenback against a…

By Kanishka Singh and Nandita Bose WASHINGTON (Reuters) – The Chinese government will seek to initiate artificial intelligence regulations in its country, billionaire Elon Musk said on Monday after meeting with officials during his recent trip to China. Musk did not elaborate further and made his remarks in a Twitter…

Banks are tightening credit standards for business loans, according to the Federal Reserve’s quarterly survey of senior lending officers. That true for large and medium-sized banks (shown in the chart above) as well as for small banks. The interest rates on business loans are rising relative to the banks’ cost…

The only constant in life is change – and the US is a country with change built into its DNA. As technology expands and reshapes our economy, it’s time for our social contract to evolve with it. Artificial Intelligence is the latest platform shift that promises to radically alter our…

Let’s face it: yields on Treasuries and “regular” stocks are still pathetic! We need much bigger payouts (I’m talking yields of 7%+ here) to fund our lifestyles in these inflation-weary times. Trouble is, most of us have been conditioned by the media and Wall Street to believe that all yields…

We believe that Cigna stock (NYSE: CI) is a better pick than its industry peer, UnitedHealth stock (NYSE: UNH), given its better prospects. Although UnitedHealth stock trades at a higher valuation of 1.4x trailing revenues than 0.4x for Cigna CI , this valuation gap makes sense given the former’s superior…

The Supreme Court is poised to rule on President Joe Biden’s student loan forgiveness plan in the next few weeks. Based on how oral arguments went in February, a majority of the court could be looking to strike down the program. But if that happens, borrowers will still have other…

Twenty-year-olds are saving for retirement. These are Generation Z’s, whose members were born between 1997 and 2012. Their efforts embrace several key points for a successful retirement plan, including the role of mentors. Starting Early By starting young in saving for retirement, Generation Z will greatly benefit from the math…

Tax Analysts’ chief economist Martin Sullivan provides an overview of the state of the economy and how the recent debt limit bill could affect it. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes…