U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity Source:MarketWatch
The cost of money itself is on the ballot as voters struggle with pricey car loans, mortgages and credit-card debt
Interest rates aren’t expected to decline anytime soon, as the Federal Reserve holds steady on Wednesday. Source:MarketWatch
Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Source:MarketWatch
Here’s what just sent Oracle’s stock soaring
The company’s new financial targets paint a rosier picture of its AI economics than investors had feared. Source:MarketWatch
Elon Musk says he can build a wireless carrier in two to three years. Is that possible?
Verizon says there is ‘no magic wand,’ but analysts note SpaceX may be targeting some shortcuts. Source:MarketWatch
Gen Z voters told us the midterms will boil down to affording life, not social issues
MarketWatch talked to younger voters who said many life goals feel unattainable for their generation. Source:MarketWatch
Fed leaves interest rates unchanged, as expected
A rate hike in December remains likely as the U.S. central bank continues to focus on inflation, which remains well above its 2% target. Source:CoinDesk
Wendy’s buyout offer suggests the burger chain’s overhaul could be very expensive
Nelson Peltz’s Trian Fund Management has made a $1.4 billion offer for Wendy’s and says the company “requires significant capital investment” to get back on…
Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue. Source:CoinDesk
The U.S. government will no longer penalize American companies for making six popular peptides
It won’t take action against compounding pharmacies that make popular wellness products like BPC157 and TB500. Source:MarketWatch
Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Bitcoin failed to move past its 50day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.…
Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Bitcoin failed to move past its 50day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.…