The agreement Chevron signed last year to buy Hess for $53 billion was expected to transform the oil giant, giving it new assets in fast-growing regions of the world. Everything comes down to a Hess shareholder vote on Tuesday. “It’s trading as a coin toss,” said Roy Behren, co-chief investment officer of Westchester Capital Management, which owns 2.1 million Hess shares, worth about $315 million.
Aussies may still have to wait some time before they receive mortgage relief. Here’s what the experts are saying.
There is one fear plaguing the vast majority of working Australians, and experts say it’s not going away.
The major bank is rolling out new perks for these customers. Here’s what’s on offer.
Positive developments in inflation data have Wall Street feeling more positive about the outlook for stocks into the end of the year.
The Reserve Bank of Australia is expected to hold interest rates at 4.35 per cent and keep its options open on its next move.
She’s relying on that rent to put her son through college.
Money saving expert Joel Gibson shares the easy ways you can claw back cash.
The Indian market has shown robust growth, climbing 2.7% in the last week and an impressive 45% over the past year, with earnings projected to grow by 16% annually. In this thriving environment, stocks of growth companies with high insider ownership often signal strong confidence from those most familiar with the company's prospects and operations.
You're probably used to taking the economic temperature of the moment by reading headlines about impending recessions, feeling the pinch of inflation at the grocery store and reviewing your bank...
Minneapolis Federal Reserve President Neel Kashkari has struck an optimistic tone regarding potential rate cuts, stating that one interest rate cut from the Fed in December is "reasonable." However, Wells Fargo Global Investment Strategist Veronica Willis joins the Morning Brief to discuss why two rate cuts in 2024 are still possible. Willis highlights that between now and the end of the year, a slew of economic data points could give the Fed enough "confidence" to enact more than one cut. She notes that if progress on inflation persists, consumer spending moderates, and "the economy softens a little bit" as it approaches pre-pandemic levels, it could pave the way for the Fed to reduce rates twice. Addressing the potential market reactions to a Fed rate cut, Willis told Yahoo Finance, "The markets really still felt positive about the prospect of any cuts at all, and I think that a lot of that's been priced in. So I don't see a lot more exuberance once the Fed starts to actually cut, but there is that potential for the market to remain strong." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
For those who have made the ambitious decision to become a millionaire, the first step is often the most crucial one that sets the entire wealth-building journey in motion. For Brie Schmidt, managing...
(Bloomberg) -- Australia’s central bank will likely hold its key interest rate at a 12-year high on Tuesday as it tries to restrain consumer prices that have been underpinned by an ultra-tight employment market. Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanHow the US Mopped Up a Third of Global Capital Flows Since CovidThese Are the World’s Most Expensive Cities for Expats in 2024Ukraine Bid for Global South Support Falters at Swiss SummitSafeguards Aga
Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board. The vote expected at the June 18 annual shareholders meeting comes after Toyota apologized recently over fraudulent certification tests for vehicles, a major embarrassment for a company that prides itself on a reputation for excellent quality. The raft of problems at Japanese automakers including Toyota are said not to involve any safety problems and no recalls were announced.
We recently compiled a list of 15 Most Watched TV Shows of 2024 and in this article, we will discuss the most watched TV show of 2024. Overview of the Film and TV Industry The film and TV industry is a major source of revenue generation and employment across the globe. According to a report […]
Microsoft, Nvidia, Google, Amazon.com, and Meta Platforms have collectively surged by 45% and now comprise 25% of the S&P 500 equity cap, the brokerage wrote in a note after markets closed on Friday. The upgraded target reflects an upside of about 3.1% to the index's last close of 5,431.60. The brokerage expects roughly unchanged real yields by the year-end and strong earnings growth to support a 15x P/E for the equal-weight S&P 500 Index.
Inflation has cooled down, albeit being still stubborn and showing signs that its deceleration will still take some time. Although it ticked down slightly in May, at 3.3% from 3.4% in April, according...
Freightways Group Limited ( NZSE:FRW ), is not the largest company out there, but it saw significant share price...
They used a once popular (and now quite niche) loan to get on the housing ladder.
Learn how crypto millionaires made their fortunes through investing, memecoins, mining, trading, and participating in the crypto economy.
Amidst a backdrop of global economic fluctuations and regional uncertainties, the Hong Kong market has shown resilience, making it an intriguing area for investors looking for dividend yields. In this context, selecting stocks that not only offer high yields but also demonstrate stability and strong fundamentals becomes crucial.
Yahoo Finance