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Taylor Swift has announced 50 international dates for the Eras Tour across Mexico, South America, Asia, Australia, and Europe. Date Local venue time City June 23, 2023 6:30 p.m. Minneapolis, MN June 24, 2023 6:30 p.m. Minneapolis, MN June 30, 2023 6:30 p.m. Cincinnati, OH July 1, 2023 6:30 p.m. Cincinnati, OH July 7, 2023 6:30 p.m. Kansas City, MO July 8, 2023 6:30 p.m. Kansas City, MO July 14, 2023 6:30 p.m. Denver, CO July 15, 2023 6:30 p.m. Denver, CO July 22, 2023 6:30 p.m. Seattle, WA July 23, 2023 6:30 p.m. Seattle, WA July 28, 2023 6:30 p.m. Santa Clara, CA July 29, 2023 6:30 p.m. Santa Clara, CA August 3, 2023 6:30 p.m. Inglewood, CA August 4, 2023 6:30 p.m. Inglewood, CA August 5, 2023 6:30 p.m. Inglewood, CA August 8, 2023 6:30 p.m. Inglewood, CA August 9, 2023 6:30 p.m. Inglewood, CAHow to buy tickets for the Taylor Swift Eras TourTaylor Swift in promotion art for her album "Midnights." Beth GarrabrantTickets for Taylor Swift's Eras Tour in the US are now only available to purchase through resale sites like StubHub. How much are Taylor Swift Eras Tour tickets? In the US, general ticket prices for Taylor Swift's the Eras Tour started at $49 and went up to $449.

Persons: Taylor Swift, we've, São Paulo, Taylor, Beth Garrabrant, Taylor Swift's, Hayley Williams, Paramore, Josh Brasted, Beabadoobee, Phoebe Bridgers, MUNA, Haim, Gayle, Gracie Abrams Organizations: SG, Kansas, Ticketmaster, Singapore Locations: Mexico, South America, Europe, Asia, Australia, Here's, Mexico City, Buenos Aires, Argentina, Rio de Janeiro, Brazil, Tokyo, Japan, Melbourne, Sydney, Singapore, Paris, France, Stockholm, Sweden, Lisbon, Portugal, Madrid, Spain, Lyon, Edinburgh, United Kingdom, Liverpool, Cardiff, London, Dublin, Ireland, Amsterdam, Netherlands, Zürich, Switzerland, Milan, Italy, Gelsenkirchen, Germany, Hamburg, Munich, Warsaw, Poland, Vienna, Austria, United, Minneapolis ,, Cincinnati ,, Kansas City ,, Denver, Seattle , WA, Santa Clara , CA, Inglewood , CA

India's top solar power producing state Rajasthan has been getting "early warnings" of technical challenges that could arise as the use of renewables increases, a federal power ministry official said. "If proper tariff structures incentivising flexible thermal generation are not introduced, it could result in slower renewable energy adoption," he said. Reuters GraphicsSOLAR, PLUS COALGreen energy capacity in Asia grew 12% in 2022, the fastest rate among major regions, according to the International Renewable Energy Agency. However, authorities in India's sun-drenched Rajasthan state are finding it increasingly difficult to control voltage fluctuations due to the inconsistent nature of solar power output. "Many of these renewable plants are not actually able to comply with such requirements," the official said.

Persons: Rystad, Wood Mackenzie, Lauri Myllyvirta, Pablo Hevia, Koch, Hevia, Florence Tan, Yuka Obayashi, Andrew Hayley, Fransiska, Gopal Sharma, Mei Mei Chu, Joyce Lee, Tony Munroe, Jamie Freed Organizations: Engie, Centre for Research, Clean Energy, Air, Reuters, International Renewable Energy Agency, International Energy Agency, Thomson Locations: China, India, Asia, Wood Mackenzie SINGAPORE, Rajasthan, Pacific, Malaysia, Pakistan, Bangladesh, Vietnam, Singapore, Tokyo, Bangkok, Beijing, Jakarta, Khanh Vu, Hanoi, Kathmandu, Kuala Lumpur, Seoul

☆ China lithium price rebound to be capped by growing supply - analysts
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +3 min

Production and sales of EVs in May grew by 53.7% and 71.2% respectively year-on-year, data from the China Passenger Car Association showed. Demand from the energy storage sector, the second biggest user of the battery metal, is also growing rapidly. "We are seeing the energy storage market is boosting capacity expansion of LFP (lithium iron phosphate) batteries and cathode materials, which in turn sends pressure to the price of lithium carbonate," Zou said. Zou expects the lithium carbonate price in China to average 300,000 yuan a ton this year. "The May growth seen in the auto market, boosted by short-term policy support, is unlikely to last and lithium prices might fall below 200,000 yuan within this year," he added.

Persons: Price, Susan Zou, Zou, Yang Jing, Chen Junquan, Chen, Siyi Liu, Dominique Patton, Andrew Hayley, Emma Rumney Organizations: China Passenger Car Association, Cell, Rystad Energy, EV, Beijing, China Corporate Research, Fitch, Economic Research Institute, Manufacturers, Thomson Locations: BEIJING, China, Beijing, Shanghai

NEW YORK, June 20 (Reuters) - Oil futures fell about 2% in choppy trading on Tuesday on forecasts for slower growth of oil demand in China, the world's second-biggest oil consumer, and disappointment with the size of cuts in China's key lending rates. "Oil traders may need to see a materialised strong economic rebound in China to improve their outlook on oil demand," said Tina Teng at CMC Markets in Auckland. Higher interest rates ultimately increase borrowing costs for consumers, which could reduce oil demand by slowing economic growth. A stronger dollar makes crude more expensive for holders of other currencies, which can reduce oil demand. On the supply side, Iran's crude exports and oil output have hit new highs this year despite U.S. sanctions.

Persons: Brent, Edward Moya, Tina Teng, Thomas Barkin, Scott DiSavino, Noah Browning, Katya Golubkova, Andrew Hayley, David Goodman, Matthew Lewis Organizations: YORK, . West Texas, CMC Markets, China, Administration, Customs, . Federal Reserve, Richmond Fed, U.S ., Organization of, Petroleum, Thomson Locations: China, U.S, Auckland, Russia, New York, London, Tokyo, Beijing

☆ Oil rises as Chinese economic indicators offer mixed picture
▼ + stars: | 2023-06-20 | by ( Noah Browning | ) www.reuters.com time to read: +2 min

U.S. West Texas Intermediate (WTI) crude for July was down 3 cents from Friday's close at $71.75. The more active WTI crude contract for August delivery was up 10 cents from Friday at $72.03 per barrel. There was no settlement in the WTI contract on Monday due to a public holiday in the United States. "Oil traders may need to see a materialised strong economic rebound in China to improve their outlook on oil demand," said Tina Teng, a markets analyst at CMC Markets in Auckland. Higher interest rates reduce appetite for spending and can drive down oil demand.

Persons: Brent, Tina Teng, Katya Golubkova, Andrew Hayley, Kim Coghill, Jason Neely, Louise Heavens Organizations: . West Texas, CMC Markets, China National Petroleum, Organization of, Petroleum, Thomson Locations: China, United States, Auckland, Russia, Moscow, Tokyo, Beijing

TOKYO/BEIJING, June 20 (Reuters) - Oil prices slipped on Tuesday after China cut benchmark lending rates less than some expected, sowing further concern over the oil demand outlook in the world's largest crude importer. U.S. West Texas Intermediate (WTI) crude for July was down 99 cents from Friday's close at $70.79. The more active WTI crude contract for August delivery was down 71 cents from Friday at $71.22 per barrel. "The rate cuts ... were widely expected, hence it did not offer a bullish push to the oil markets," said Tina Teng, a markets analyst at CMC Markets in Auckland. "Oil traders may need to see a materialized strong economic rebound in China to improve their outlook on oil demand," Teng said.

Persons: Brent, Tina Teng, Teng, Jerome Powell, Katya Golubkova, Andrew Hayley, Jamie Freed, Tom Hogue Organizations: . West Texas, CMC Markets, European Central Bank, . Federal, Organization of, Petroleum, OPEC, JPMorgan, Thomson Locations: TOKYO, BEIJING, China, United States, Auckland, Russia, Moscow, OPEC, Nigeria, Iran, Venezuela, Tokyo, Beijing

☆ Chinese miners try livestream sales to shift coal glut
▼ + stars: | 2023-06-15 | by ( Andrew Hayley | ) www.reuters.com time to read: +2 min

BEIJING, June 15 (Reuters) - On China's frenetic and hugely popular retail livestreams, glamorous hosts sell goods ranging from shoes and lipsticks to baby products and, increasingly, truckloads of sulphurous coal. By comparison, domestic thermal 5,500 kcal coal was traded at about 800 yuan ($111.64) per ton as of last week, according to trading sources. Though wholesaling of hard commodities is not entirely new to China's streaming platforms, it appears to be on the rise. Three of the most active coal channels on Douyin identified by Reuters - Huaze Coal, Guohai Daily Coal Price, and Jixing Coal - have together held 164 such online events so far this quarter, up from 120 events last quarter and 107 events in the fourth quarter of 2022. ($1=7.17 yuan)Reporting by Andrew Hayley and Beijing newsroom: Editing by Tony Munroe, Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Hayley, Tony Munroe, Alexandra Hudson Organizations: Huaze Coal Industry, Reuters, Huaze, Daily Coal, Jixing, Alexandra Hudson Our, Thomson Locations: BEIJING, Shanxi, Beijing

☆ Oil drops 1.5% as Fed projects more rate hikes this year
▼ + stars: | 2023-06-14 | by ( Arathy Somasekhar | ) www.reuters.com time to read: +2 min

SummarySummary Companies Federal Reserve leaves interest rates unchangedFed projects more 2023 rate risesU.S. crude stocks rise unexpectedly - EIAIEA upgrades 2023 oil demand growth to 2.4 mln bpdHOUSTON, June 14(Reuters) - Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate hikes this year, worrying markets about demand just hours after government data showed an unexpected, large build in U.S. crude oil stocks. "Markets fear that a higher interest rate environment is going to lower oil demand. U.S. crude oil stocks rose by about 8 million barrels in the week ended June 9, according to data from the Energy Information Administration. The IEA, meanwhile, increased its oil demand growth forecast for this year by 200,000 barrels per day (bpd) to 2.4 million bpd, lifting the projected total to 102.3 million bpd. The IEA's 2023 oil demand growth figure is slightly above that of the Organization of the Petroleum Exporting Countries (OPEC).

Persons: Phil Flynn, Brent, Arathy Somasekhar, Ahmad Ghaddar, Andrew Hayley, Elaine Hardcastle, Kirsten Donovan Organizations: Reserve, HOUSTON, U.S . Federal Reserve, Brent, U.S, West Texas, Federal Reserve, Price, Wall, Energy Information Administration, Analysts, Organization of, Petroleum, JPMorgan, Thomson Locations: U.S, Houston, London, Beijing

☆ The ‘breakout travel trend’ of the decade: What to know about expedition cruising
▼ + stars: | 2023-06-13 | by ( Helen Iatrou | Chris Dwyer | ) www.cnbc.com time to read: +7 min

Instagram posts — which often showcase trips to Antarctica — may have given expedition cruising more publicity, but this form of cruising isn't new. Today, there is stiff competition among expedition cruise lines to launch more technologically advanced vessels and to secure onboard talent. Source: Aurora ExpeditionsNoah Brodsky, chief commercial officer of Lindblad Expeditions-National Geographic, described expedition cruising as the "breakout travel trend of the decade." Expedition cruising is also a good option for the growing number of solo travelers. "Unfortunately, this has meant the new expedition cruise ships have become larger and the expedition experience itself has been sacrificed," he told CNBC.

Persons: LIND, Costa, Greg Mortimer, Carlo Raciti, Bronwyn Stephenson, Aurora expeditioner, Lindblad, Mensun, Robert Bindschadler, Hayley Peacock, Gower, Aurora's Hayley Peacock, Noah Brodsky, James Cole, Hillary, Cousteau, Shackleton, Cole, Xers, hadn't, Carl Raciti, Andrew Marsh, Commandant Charcot, Stefanie Schmudde Organizations: Aurora Expeditions, Panama's UNESCO, Expeditions, Lindblad Expeditions, NASA, Aurora, Geographic, CNBC, Expedition, Cruisers, Environmental, Abercrombie, Kent Locations: Australia, Panama, Costa Rica, Aurora, Antarctica, Its, Greenland, Alaska, Galapagos, French Polynesia, Western, Kimberley, Central, South America

☆ A Walmart shopper said a police officer kneeled on his neck during a receipt check over a frozen pizza
▼ + stars: | 2023-06-13 | by ( Hayley Peterson | ) www.businessinsider.com time to read: +4 min

A Walmart shopper said a police officer pinned him to the ground after asking about his receipt. Dayton Borisouth told Insider the officer confronted him after he purchased a $5 frozen pizza. The Kansas City, Kansas police department said it disciplined two officers involved in the incident. Dayton Borisouth, 24, told Insider he was leaving the Walmart store in early June after purchasing the pizza for his family, when an officer confronted him. Video shows officers kneeling on the Walmart shopperThe police department said Borisouth became "belligerent" after he was asked for his receipt.

Persons: Dayton Borisouth, —, Borisouth, Borisouth's, Chris Enloe, Gloria Dawson Organizations: Walmart, Service, Dayton Borisouth, Fox, Kansas City, Shoppers Locations: Kansas City , Kansas, Denver

☆ China hopes India can meet it halfway in media row
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +2 min

"In recent years, Chinese journalists in India have been accorded unfair and discriminatory arrangements," Chinese foreign ministry spokesperson Wang Wenbin told a Monday briefing. "We hope that India will continue to issue visas for Chinese journalists and remove the unreasonable restrictions and create favourable conditions for media exchanges." China has declined to renew the visas of the last two Indian journalists based there, citing India taking similar action this month against the two remaining Chinese state media journalists in India. "China is ready to act on the principles of mutual respect, equality and mutual benefit to keep in communications with the Indian side, and we hope that India will meet China halfway." India's foreign ministry said this month it hoped China would allow Indian journalists to work in China, adding that India allowed all foreign journalists to operate there.

Persons: Wang Wenbin, Wang, Andrew Hayley, Laurie Chen, Bernard Orr, Philippa Fletcher, Robert Birsel Organizations: Hindustan Times, Press Trust of India, China, Thomson Locations: BEIJING, China, India, Indian

☆ China's installed non-fossil fuel electricity capacity exceeds 50% of total
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +1 min

BEIJING, June 12 (Reuters) - China's non-fossil fuel energy sources now exceed 50% of its total installed electricity generation capacity, state media outlet Xinhua said on Monday, citing an official at state planner the National Reform and Development Commission. Non-fossil fuel power sources, such as wind and solar power, account for 50.9% of the country's total installed capacity, marking the early completion of a government target proposed in 2021, under which renewable capacity was planned to exceed fossil fuel capacity by 2025. By the end of 2022, China's installed power generation capacity was 2,564.05 GW, according to data from the National Bureau of Statistics (NBS). However, inconsistent utilisation of the resources means that China's energy consumption mix remains weighted toward fossil fuels, principally coal. Coal accounted for 56.2% of total energy consumption last year, versus 25.9% from renewables which includes nuclear energy, the NBS data showed.

Persons: China's, Andrew Hayley, Jacqueline Wong Organizations: Xinhua, National Reform and Development Commission, National Bureau of Statistics, Thomson Locations: BEIJING, China

☆ China says allegations of Chinese spying in Cuba are false
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +2 min

BEIJING, June 12 (Reuters) - China said on Monday that allegations that it was using Cuba as a spying base are false and it denounced the U.S. government and media for releasing what it called inconsistent information. A Biden administration official said on Saturday China had been spying from Cuba for some time and it had upgraded its intelligence collection facilities there in 2019. Last week, the Wall Street Journal reported that a new spying effort was underway on the island, citing U.S. officials. "On the alleged spy activities of China in Cuba, this is a piece of false information," a Chinese foreign ministry spokesperson, Wang Wenbin, told a regular press conference. The allegation about Cuba comes as U.S. Secretary of State Antony Blinken prepares to visit China this week.

Persons: Biden, Wang Wenbin, Wang, Antony Blinken, Carlos Fernandez de Cossio, Washington, Andrew Hayley, Bernard Orr, Ryan Woo, Philippa Fletcher, Robert Birsel Organizations: U.S, China, Wall Street Journal, White House National Security, Thomson Locations: BEIJING, China, Cuba, Beijing, United States, U.S, America, Caribbean

☆ Why the 34-year-old CEO of P.F. Chang's likes to wake up at 4:30 a.m. daily to work out
▼ + stars: | 2023-06-11 | by ( Hayley Peterson | ) www.businessinsider.com time to read: +3 min

He says early morning runs help him stay mentally sharp and give him a "conquest" to start the day. Chang's says early morning runs help him stay sharp at work and build mental discipline. "I like the routine precisely because it's hard," Adamolekun told MarketWatch. After his runs, Adamolekun gets some work done in his home office, as he's previously told Insider. Adamolekun told MarketWatch his youth may help him connect with younger consumers.

Persons: —, Chang's, Damola Adamolekun, Fortune, Adamolekun, he's, Paulson, it's Organizations: Service, Co, TriArtisan Capital Advisors Locations: Chang's, Scottsdale , Arizona

☆ Why Walmart, Costco, and Sam's Club workers check your receipts — and you should comply
▼ + stars: | 2023-06-10 | by ( Hayley Peterson | ) www.businessinsider.com time to read: +3 min

Walmart, Costco, Sam's Club, and many other retailers check shoppers' receipts at store exits. Retail employees check receipts to reduce theft and ensure customers leave with all their purchases. So why would any store check receipts if it creates if it causes so much tension? Why Costco and Sam's Club check receiptsBut checking receipts isn't just about reducing theft. "To ensure that you are charged correctly for the merchandise you have selected, Sam's Club may inspect or electronically scan your merchandise and electronic/phone or paper copy receipt(s) when you exit any Sam's Club location," the warehouse chain said on its website.

Persons: —, you've, Gloria Dawson, Costco, it's Organizations: Walmart, Costco, Sam's, Service, Shoppers Locations: Denver

☆ CNN's story on the ouster of its CEO is a giant middle finger
▼ + stars: | 2023-06-07 | by ( Hayley Peterson | ) www.businessinsider.com time to read: +2 min

CNN reporter Oliver Darcy described Licht's tenure as "stained by a series of severe missteps." Darcy wrote that Licht alienated employees at all levels of CNN and effectively "lost the room." He said the chairman and CEO alienated employees at all levels of the organization and effectively "lost the room." But he "quickly squandered much of that goodwill through a series of blunders, many of his own making," Darcy wrote. "In the final days, Licht seemed to understand that he had alienated staffers," Darcy wrote.

Persons: Christ Licht, Oliver Darcy, Darcy, Licht, Chris Licht, Licht's, Jeff Zucker, Stephen Colbert, Brian Stelter, Donald Trump, Kris Coratti Kelly, Matt Dornic Organizations: CNN

☆ Hardcore Punk Is Looking (and Sounding) Different Now
▼ + stars: | 2023-06-06 | by ( Hank Shteamer | ) www.nytimes.com time to read: +2 min

The Zulu drummer and vocalist Christine Cadette, 23, cited Paramore’s Hayley Williams as a key inspiration. A typical sight was “some suburban punk white kid, talking about a breakup.” As Cartagena, 30, put it, “I just wanted more.”That “more” has arrived in waves during the past decade. The short-lived but hugely impactful G.L.O.S.S., from Olympia, Wash., brought a vociferous trans-feminist perspective to hardcore. “Zulu is not about aggression and all that; it’s about love.”For Cartagena, Lei’s buoyant performance style is a welcoming beacon. “I say they have the best moves of any frontperson onstage — just, like, sliding and moon walking and just moving their shoulders,” they said.

Persons: Christine Cadette, Paramore’s Hayley Williams, ”, “, there’s, it’s, Nina Simone, Malcolm X, Alesia Miller, ” Lei, Black, ” Cadette, — Organizations: Scout, ” Locations: Scout Cartagena, Cartagena, Olympia, Wash

☆ Landslide in China's Sichuan province kills 14, leaves 5 missing
▼ + stars: | 2023-06-04 | by ( Andrew Hayley | ) www.reuters.com time to read: 1 min

BEIJING, June 4 (Reuters) - A landslide in China's southwestern Sichuan province has killed 14 people and left five missing, Chinese state media outlet CCTV reported on Sunday. The landslide occurred at around 6 a.m. (2200 GMT) on Sunday morning in a mountainous area near Leshan city in the south of the province. More than 180 rescue workers have been dispatched to the site, with search and rescue operations still ongoing, CCTV said. Leshan city was hit by heavy rain over the two days before the incident, weather tracking data indicated. Reporting by Andrew Hayley; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Hayley, Sonali Paul Organizations: Thomson Locations: BEIJING, China's, Sichuan, Leshan

☆ What Will Be the Theme of Summer?
▼ + stars: | 2023-06-03 | by ( Melissa Kirsch | ) www.nytimes.com time to read: +2 min

I proclaim this: the Summer of George!”Setting intentions for summer is the low-stress, seasonal version of a New Year’s resolution. Megan Thee Stallion ushered in the notion of the “Hot Girl Summer” with her 2019 song, which led to the hopeful but mostly unrealized “hot vax summer” of 2021. Any eccentric pattern can become a designation: “‘Sharknado,’ Cronut … Is This the Summer of the Neolexic Portmanteau?” Slate asked in 2013. Hayley Phelan instructed Times readers on ways to make the summer of 2018 the summer of missing out, introducing the concept of JOMO (J for joy), FOMO’s “benevolent cousin.”In branding summer, we relinquish some of the season’s intoxicating agency: Is it caftan summer? My friend Sarah claims she’s observing an “I’m not showering” summer.

Persons: Seinfeld ”, George, he’s, ”, frivolously, Megan Thee, Nature, Callie Holtermann, Slate, Hayley Phelan, Natalie, Sarah, she’s Organizations: Yankees, The Times Locations: Bay

[1/2] A tug boat pushes an oil barge through New York Harbor past the Statue of Liberty in New York City, U.S., May 24, 2022. WTI was headed for its highest close since May 26 and Brent on track for its highest close since May 29. Open interest in futures contracts rose on Thursday to the highest since July 2021 for Brent and March 2022 for WTI. Oil traders have turned their attention to the June 4 meeting of OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia. On the demand side, manufacturing data out of China, the world's second biggest oil consumer, painted a mixed picture.

Persons: Brendan McDermid, Brent, WTI, Baker Hughes, Craig Erlam, Erlam, Shadia Nasralla, Andrew Hayley, Susan Fenton, Kirsten Donovan, David Gregorio Our Organizations: REUTERS, Congress, YORK, U.S, . West Texas, WTI, Senate, U.S . Federal Reserve, Organization of, Petroleum, Thomson Locations: New York Harbor, of, New York City, U.S, Russia, OPEC, Saudi, Saudi Arabia, China, Shanghai, Shenzhen, London, Beijing

[1/2] A tug boat pushes an oil barge through New York Harbor past the Statue of Liberty in New York City, U.S., May 24, 2022. REUTERS/Brendan McDermidLONDON, June 2 (Reuters) - Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world's biggest oil consumer and jobs data indicated a possible rate hike pause, while attention turned to a meeting of OPEC ministers and their allies at the weekend. Earlier signals of a potential pause in rate hikes by the Federal Reserve also provided support to oil prices, not least by weighing on the U.S. dollar , making oil cheaper for holders of other currencies. Meanwhile, manufacturing data out of China, the world's second biggest oil consumer, painted a mixed picture. Reporting by Shadia Nasralla; additional reporting by Andrew Hayley; editing by Susan Fenton and Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid LONDON, Shadia Nasralla, Andrew Hayley, Susan Fenton, Kirsten Donovan Organizations: REUTERS, Brent, U.S, West Texas, Federal Reserve, U.S ., Organization of, Petroleum, U.S . Institute for Supply Management, Thomson Locations: New York Harbor, of, New York City, U.S, Russia, China

☆ Oil prices rise as Congress approves US debt ceiling bill
▼ + stars: | 2023-06-02 | by ( Andrew Hayley | ) www.reuters.com time to read: +3 min

REUTERS/Brendan McDermidBEIJING, June 2 (Reuters) - Oil prices rose on Friday amid bullish sentiment following the passage of a U.S. debt ceiling bill in Washington, while markets weighed the likelihood of price-supportive OPEC+ production cuts over the weekend. Further reductions in OPEC+ output following their surprise cut of 1.16 million barrels per day in April would be bullish for crude prices. Other market observers have pointed to weak manufacturing data out of China and the U.S. as making OPEC+ cuts more likely. "Oil prices are stabilizing after a round of disappointing global manufacturing data supported the case for OPEC+ to deliver another production cut," said Edward Moya, a senior market analyst at OANDA. However, traders are "thinking that Russia might not necessarily stick to a hard stance on output cuts, especially since they are struggling to commit to their quotes," Moya added.

Persons: Brendan McDermid, Goldman Sachs, Edward Moya, Thursday's, Moya, Andrew Hayley, Jamie Freed, Kim Coghill Organizations: REUTERS, Brent, U.S, West Texas, Federal Reserve, Thursday's, Energy Information Administration, Organization of, Petroleum, Reuters, HSBC, OANDA, U.S ., Institute for Supply Management, PMI, P Global, Thomson Locations: New York Harbor, of, New York City, U.S, Brendan McDermid BEIJING, Washington, Russia, China, P Global China

[1/2] A tug boat pushes an oil barge through New York Harbor past the Statue of Liberty in New York City, U.S., May 24, 2022. REUTERS/Brendan McDermidLONDON, June 2 (Reuters) - Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world's biggest oil consumer, while attention turned to a meeting of OPEC ministers and their allies at the weekend. Earlier signals of a potential pause in rate hikes by the Federal Reserve also provided support to oil prices, not least by weighing on the U.S. dollar , making oil cheaper for holders of other currencies. Investor attention is also fixed on the June 4 meeting of the Organization of the Petroleum Exporting Countries and allies including Russia, collectively called OPEC+. Meanwhile, manufacturing data out of China, the world's second biggest oil consumer, painted a mixed picture.

Persons: Brendan McDermid LONDON, Shadia Nasralla, Andrew Hayley, Susan Fenton, Jason Neely Organizations: REUTERS, Brent, U.S, West Texas, Federal Reserve, U.S ., Organization of, Petroleum, U.S . Institute for Supply Management, PMI, Thomson Locations: New York Harbor, of, New York City, U.S, Russia, China

☆ A family makes over $100,000 tax-free renting out their home to billionaires for one week in April. Welcome to the Masters housing frenzy.
▼ + stars: | 2023-06-02 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +5 min

The Masters Golf Tournament doubles the population of Augusta, Georgia, for one week every April. "There's not a lot of homes in this area that look like ours and rent for Masters," Hayley Mack told the outlet. We obviously get a very big number for Masters week." On a normal week, the home rents for about $2,500, but during the Masters, that sum swells to about $30,000. "The area is just pandemonium," Williams told Golf Digest.

Persons: —, Mack, Hayley Mack, Justin Timberlake, Mack wouldn't, Ralph Lauren Polo, Tipton Sholes, Tipton, Kathie Williams, Williams, She's, Sholes, Elizabeth Thacker, NJ.com, Herman Organizations: Service, Golf, Ralph Lauren Polo Bar, Buffalo Wild Wings, Tipton, Masters, Augusta National, Hilton Head, Golf Digest, Wall Street Journal Locations: Augusta , Georgia, France, Augusta, Italy, Hawaii

☆ Why Goldman Sachs' John Waldron Flagged This 'Young, Talented' Banker
▼ + stars: | 2023-06-02 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Goldman Sachs' COO, John Waldron, gave a speech on Thursday touting the firm's growth opportunities. The shoutout comes as Goldman Sachs joins its Wall Street peers by seeking to boost its wealth business that caters to the rich. Waldron on Thursday admitted that Goldman has "underinvested" in the private wealth business. Goldman's wealth business Goldman Sachs has about 1,000 advisors overseeing $1 trillion for its ultra-high net worth clients with at least $10 million to invest. The unit works closely with moneyed entrepreneurs, prime targets for Goldman's private wealth business.

Persons: Goldman, John Waldron, Nishi Somaiya, Goldman Sachs, David Solomon's, Nishi, We've, Waldron, Somaiya, Marc Nachmann Organizations: Oxford, Private, Silicon Valley Bank, UBS's, Credit Suisse, Bloomberg, University of Oxford, Royal Ballet School Locations: Silicon, Europe, Americas, SVB

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