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
Sam Bankman-Fried wrote to actor portraying him in Netflix series
The former FTX CEO remains incarcerated as Irish actor Anthony Boyle portrays him in a series about the downfall of the crypto exchange and his relationship…
CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'
The U.S. Commodity Futures Trading Commission held a forum in which the chairman, Mike Selig, suggested AI agents may usher in a financial revolution.…
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
Strategy shareholders approve daily dividends for four preferred stocks
The largest Bitcoin treasury company will begin daily dividend payments on STRC in November, with three other preferred securities following in January 2027.…
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
Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement Source:Federal Reserve
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…