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☆ Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant
▼ + stars: | 2024-09-11 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +9 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTWorkers stock shelves at an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024. As part of the Fresh store redesign, Amazon created a more colorful layout and added Krispy Kreme donut and coffee stalls. "We like the early results a lot," Jassy said on the company's first-quarter earnings call in April, referring to the revamped Fresh stores. Amazon declined to comment on the status of the Fresh stores that remain unopened. "You walk into the Amazon Fresh store in Roseville and it feels like you're in a stainless steel wine cellar," Thill said.

Persons: David Ryder, Joe Knowles, Bensalem, it's, Andy Jassy's, Jassy, CNBC it's, It's, Ted Weill, AlbaneseCormier, Weill, they've, Brent Thill, Thill Organizations: Amazon, Bloomberg, Getty, CNBC, Foods, Walmart, Jefferies, Anadolu, Mart, Shoppers, Aldi, Rancho Mirage Locations: Seattle , Washington, US, Philadelphia, Bensalem , Pennsylvania, California , Illinois, Maryland , New Jersey, Virginia, Illinois, California, Amazon's, U.S, Woodland, Los Angeles, San Mateo , California, United States, Pennsylvania , New Jersey , New York , Florida, Washington, Florida, Mirage , California, Palm Springs, Italian, Sacramento, Roseville, Amazon

☆ Trump mentioned Biden so many times during the debate that Harris felt she needed to remind him he wasn't there
▼ + stars: | 2024-09-11 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Trump's team telegraphed that he would repeatedly try to yoke Vice President Kamala Harris to Biden's unpopular record. According to ABC's official transcript, Trump mentioned Biden 14 times by name. But how Trump attacked the president encapsulated his struggles to define Harris since Biden dropped out of the race following his disastrous June debate performance. Trump couldn't even decide how to attack Harris in the context of Biden. Harris felt compelled to remind viewers that the rematch polls showed voters long loathed was in fact not happening.

Persons: —, Joe Biden, Donald Trump, Trump's, Kamala Harris, Biden's, wasn't, Trump, Biden, Harris, Joe, Hunter Biden, Tim Walz, David Muir, Muir, she's Organizations: Service, Business, Republicans, GOP, Minnesota, Biden, Trump, ABC Locations: California, Ukraine, China, Moscow's

☆ How plunging oil prices could help the US avoid recession
▼ + stars: | 2024-09-11 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Brent crude has fallen below a key threshold of $70 per barrel, and analysts expect it to fall further. Falling oil prices lessen the odds of a US recession, market veteran Ed Yardeni said. Go to newsletter preferences Thanks for signing up! That puts the commodity at its lowest level in three years, breaking past a key threshold of $70 per barrel. Although falling prices might spell trouble for oil producers who hinge on the product, it could ease the chances of a US recession, one economist wrote.

Persons: Brent, Ed Yardeni, — Organizations: Service, Business

☆ America might be headed for a government shutdown (again)
▼ + stars: | 2024-09-11 | by ( Allie Kelly | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Speaker Mike Johnson on Wednesday pulled a temporary government funding bill off the House floor hours before a planned vote amid dissent within his own party. Senate Majority Leader Chuck Schumer has blasted Johnson's spending bill and his insistence to tie it to the controversial proposal. The only way to reopen the government is for lawmakers to pass a spending bill. The shutdown lasted 35 days, causing 800,000 federal employees to go without pay and costing the federal government billions of dollars. Trump is advocating for a shutdown, calling on fellow Republicans to only accept a spending bill if it includes promises of election security.

Persons: —, Mike Johnson, Johnson, Chuck Schumer, Donald Trump, Kamala Harris, what's, there's, Government shutdowns, couldn't, Kevin McCarthy, Joe Biden, Trump, don't, servicemembers, Bill Clinton, Clinton Organizations: Service, Wednesday, Associated Press, Republican, Business, SAVE, Veterans Affairs, Trump, Democratic, Department of Homeland Security, National Parks, SNAP, Government, Republicans, shutdowns, The Washington Post Locations: Washington

☆ Oil prices rebound on fears of supply disruption from tropical storm
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: +2 min

An oil pumpjack in the Inglewood Oil Field, seen from the Kenneth Hahn State Recreation Area, on July 13, 2022, in Los Angeles, California. Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand. OPEC also cut its 2025 global demand growth estimate to 1.74 million bpd from 1.78 million bpd. But the U.S. Energy Information Administration said on Tuesday global oil demand is set to grow to a bigger record this year while output growth will be smaller than prior forecasts. Meanwhile, China's daily crude oil imports rose last month to their highest in a year, customs data and Reuters records showed on Tuesday, as shipments staged a tentative recovery on lower crude oil prices and improving refining margins.

Persons: Kenneth Hahn, Brent, Hiroyuki Kikukawa, Storm Francine Organizations: Inglewood Oil, Recreation Area, Brent, NS, Nissan Securities, U.S, National Hurricane Center, U.S . Bureau of Safety, Environmental, Organization of, Petroleum, OPEC, U.S . Energy, Administration Locations: Inglewood, Los Angeles , California, Louisiana, Gulf, Mexico, U.S . Gulf, U.S

Read previewIt's officially a "Love Story" between Taylor Swift and Vice President Kamala Harris. The superstar singer endorsed Harris for president on Tuesday night, minutes after the end of the debate between the vice president and former President Donald Trump. She signed off her post with the phrase: "Taylor Swift, Childless Cat Lady." When questioned on Swift's Harris endorsement, Trump said he had "no idea" about it. AdvertisementMany Democrats have been frothing at the mouth for a Swift endorsement given her unique cultural sway and loyal fandom.

Persons: —, Taylor Swift, Kamala Harris, Harris, Donald Trump, Swift, Cat Lady, Sen, JD Vance's, Tim Walz, " Walz, Trump, Swift's Harris, Swift's, Kamala —, X —, Joe Biden, Marsha Blackburn, Scott, Brittany Mahomes, Patrick Mahomes, Travis Kelce, Stevie Wonder, John Legend, Charlie XCX Organizations: Service, Business, MSNBC, Democratic, Truth, Kansas City Chiefs, Fox Business, Democratic National Convention, Minnesota Gov Locations: America

☆ Lack of forward guidance from Google hinders its investability, says analyst
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLack of forward guidance from Google hinders its investability, says analystBrent Thill from Jefferies discusses Google's second antitrust trial and its continued legal challenges.

Persons: Brent Thill, Jefferies

☆ Why oil prices have cratered to their lowest level in nearly 3 years
▼ + stars: | 2024-09-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. OPEC cut its oil demand outlook and delayed production boosts, while US production hits record highs. In its monthly oil market report, OPEC cut its outlook for oil demand because of the deceleration in China's economy. That's nearly double its oil production levels in 2014. Senior market analyst David Morrison at Trade Nation said in an email that investors shouldn't expect a rebound in oil prices anytime soon.

Persons: Brent, —, oil's, That's, David Morrison, Morrison Organizations: ., Service, brent, OPEC, Trade Nation Locations: Brent, YCharts

☆ Harris and Trump face off for the first time tonight, but some corners of the business world are already over it
▼ + stars: | 2024-09-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Business Insider's Brent D. Griffiths has a rundown on everything you need to know heading into tonight . A newly released Times/Siena poll shows Trump holding just a one-point advantage over Harris among likely voters. For Trump, the focus will likely be the economy, which is a high priority for voters and also a sore spot for Harris. The latest Times poll showed Trump (55%) held a big advantage over Harris (42%) regarding who would be better equipped to handle the economy. Trump will also likely target Harris' biggest vulnerabilities , which may include trying to define her shifting views as disingenuous flip-flops, Brent writes.

Persons: —, he'll, it's, Jose Luis Pelaez, Michael Ciaglo, Getty, Tom Williams, Tyler Le, Kamala Harris, Donald Trump, Insider's Brent D, Griffiths, Harris, BI's John L Dorman, Trump, Brent, Jenny Chang, Rodriguez, BI's Bradley Saacks, It's, BI's Alice Tecotzky, Sébastien Thibault, Goldman Sachs, Torsten Sløk, Anson Chan, Brian Niccol, hasn't, Putin, Andrew Cuomo, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Elon, Business, Jose Luis Pelaez Inc, Trump, BI Bitcoin, Arab League Locations: Philadelphia, Siena, Silicon Valley, China, America, Russia, Ukraine, Cairo, Israel, Gaza, New York, London

☆ Melania Trump suggests there's a conspiracy behind her husband's assassination attempt as part of her book promo
▼ + stars: | 2024-09-10 | by ( Natalie Musumeci | Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

Melania Trump suggested a conspiracy in the assassination attempt on Donald Trump. "There is definitely more to this story, and we need to uncover the truth," she said in a video promoting her book. Donald Trump was hit in the ear by a bullet after a gunman opened fire at his rally in July. Go to newsletter preferences Thanks for signing up! AdvertisementIn a video to promote her upcoming book, Melania Trump suggested that the assassination attempt on her husband former President Donald Trump was part of some kind of conspiracy.

Persons: Melania Trump, Donald Trump, — Organizations: Service, Business

☆ U.S. crude oil sheds gains, falls more than 1% to trade below $68 per barrel as OPEC cuts forecast
▼ + stars: | 2024-09-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil futures on Tuesday fell more than 1%, shedding gains from the previous session as OPEC lowered its demand forecast for the second time in two months. OPEC now expects demand to grow by about 2 million barrels per day in 2024, some 80,000 bpd slower than its previous forecast. The group of oil producers sees demand growth of 1.7 million bpd next year, some 40,000 bpd lower than originally anticipated. OPEC had cut its demand outlook in August due to softening consumption in China, the world's largest crude importer. Here are Tuesday's energy prices:Worries about softening demand in China as electric vehicle sales surge has loomed over the oil market for months now.

Persons: Morgan Stanley Organizations: OPEC, Brent, Futures Locations: OPEC, China, Gulf

☆ Trump will attack Harris' biggest vulnerabilities at the debate. Her response could decide the election.
▼ + stars: | 2024-09-10 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Trump appears to have begun to slow Harris' rise, which began after President Joe Biden dropped out of the race. At the same time, Harris has abandoned many of her most progressive views that she took during her failed 2020 Democratic presidential primary run. "She's not really quite sure what she believes that's why she is pretty evasive to answering questions on policy, policy positions that she has supported in the past and supposedly what she does not support now," Wolking said. Tuesday's debate will mark the first time Harris and Trump will be in the same room together. With perhaps the exception of the Nixon-Kennedy debate, no other presidential debate will loom larger in history.

Persons: Kamala Harris, Donald Trump, Trump, Harris, Joe Biden, Hillary Clinton, pollsters, Trump's, Ben Warner, Warner, They've, Kamala, Matt Wolking, Tim Walz, CNN's Dana Bash, She's, Wolking, hasn't, Bash, Biden, Democratic pollster Evan Roth Smith, Roth Smith, Reid Hoffman, Roth, Doug Sosnik, he'll, Sosnik, Clinton, Nixon, Kennedy Organizations: Service, New York Times, Super Bowl, NFL, University of Missouri, Culinary Union, Democratic, Voters, Trump Locations: Siena, Pennsylvania, Washington, Minnesota, Nevada

☆ Jack White sues Trump over the use of The White Stripes' 'Seven Nation Army': 'This machine sues fascists'
▼ + stars: | 2024-09-09 | by ( Brent D. Griffiths | Laura Italiano | ) www.businessinsider.com time to read: +1 min

Jack White and The White Stripes have sued Donald Trump. White claims that Trump's campaign improperly used the duo's smash-hit "Seven Nation Army." Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Monday, White and Meg White, the duo behind The White Stripes, sued Trump, his campaign, and one of his top campaign officials for using "Seven Nation Army" in a short video posted on X and other social media platforms.

Persons: Jack White, Donald Trump, White, —, Jack White doesn't, Donald Trump's, Meg White, Trump, Woody Guthrie's Organizations: Stripes, Nation Army, Trump, Service, Army, Business

☆ Morgan Stanley cuts oil forecast, says traders are pricing in a demand slowdown similar to mild recession
▼ + stars: | 2024-09-09 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

After last week's steep sell-off, oil prices suggest traders are pricing in a demand slowdown that is similar to a mild recession, according to a Morgan Stanley analysis. Crude oil futures have declined precipitously in September, with Brent and U.S. crude oil on Friday posting their worst weeks since October 2023. Morgan Stanley is forecasting a surplus of about 1 million barrels per day in 2025. Demand Morgan Stanley looked for similar patterns in the past 35 years of Brent oil price data. Over the past five U.S. recessions, these stockpiles built by 150 million to 220 million barrels.

Persons: Morgan Stanley, Morgan, Martijn, Brent Organizations: Brent Locations: U.S, Brent, OPEC, Canada, Brazil, Guyana

☆ OPEC+ extends oil output cuts again through November
▼ + stars: | 2024-09-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

This isn’t the first time OPEC+ has extended output cuts in a bid to boost crude prices. That same month, OPEC+ extended a cut of 1.65 million barrels per day announced in April 2023 until the end of 2025. Oil prices rose initially but settled slightly lower Thursday. Oil prices have declined this year despite continued output cuts and ongoing geopolitical tension in the Middle East. In June, the International Energy Agency said that a glut of oil supply could weaken the sway OPEC+ has over oil prices.

Persons: — Organizations: New, New York CNN, of, Petroleum, West Texas, Brent, International Energy Agency, IEA Locations: New York, OPEC, China, United States

☆ Dow falls by more than 600 points as September turns ugly
▼ + stars: | 2024-09-03 | by ( Lucy Bayly | ) edition.cnn.com time to read: +3 min

New York CNN —Wall Street kicked off the month of September with a bust, after a disappointing economic report dragged down the Dow by 626 points, or 1.5%, Tuesday afternoon. Traders were already jittery ahead of a big month of economic news, from Friday’s key jobs report to next week’s inflation readings and then the long-awaited rate cut from the Fed mid-month. Investors were reacting to a weaker-than-expected jobs report that underscored fears that the Fed had mishandled inflation and pushed the economy right into a recession. Friday’s jobs report is arguably the most important piece of economic data that central bank officials will have to parse before their monetary policy meeting on September 17-18. International benchmark Brent fell to $73.70 a barrel and US benchmark West Texas Intermediate closed at just above $70 a barrel.

Persons: ”, Mark Hamrick, Brent Organizations: New, New York CNN, Wall, Dow, Institute for Supply Management, Federal Reserve, Traders, Nasdaq, Investors, Fed, Oil, OPEC, West Texas Locations: New York, stoke, payrolls, Libya

☆ Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year
▼ + stars: | 2024-08-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

And demand in China this summer has contracted compared with the prior year, according Struyven. These vehicles reduced oil demand in China by 500,000 barrels per day in the first half of 2024, according to Goldman. Oil demand for vehicles in China is expected to peak in 2025 as a consequence, decades ahead of other emerging market economies, according to Goldman. If demand in China remains flat, Brent prices could fall to $68 per barrel by the end of next year, according to the investment bank. While China is the furthest ahead, global gasoline demand is slowing as electric vehicles are adopted around the world.

Persons: Brent, Daan Struyven, Goldman Sachs, Struyven, CNBC's, Bank of America's Francisco Blanch, Goldman, Jeff Currie, Currie Organizations: OPEC, Bank of America's, Bank of America, China Passenger Car Association, Goldman, Trucks Locations: China, East, Eastern Europe, Israel, Iran, U.S, EVs

☆ Nicole Shanahan spent almost $19 million on RFK Jr.'s failed presidential run but that's just a sliver of her fortune
▼ + stars: | 2024-08-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAttorney Nicole Shanahan spent almost $19 million boosting Robert F. Kennedy Jr.'s long shot presidential campaign. After abandoning his Democratic primary campaign, Kennedy needed significant funding to set up the organization needed for a credible presidential campaign. She still won't top Rep. David Trone of Maryland, who spent over $60 million of his Total Wine fortune only to lose a Democratic Senate primary. AdvertisementMichael Bloomberg became a meme in the 2020 election when he spent $500 million only to win America Samoa before dropping out of the Democratic presidential primary.

Persons: —, Nicole Shanahan, Robert F, Kennedy Jr, Shanahan, Kennedy, Donald Trump, Kamala Harris, Walz, Sergey Brin, Elon Musk, Musk, David Trone, Michael Bloomberg, JB Pritzker, Mehmet Oz's Organizations: Service, Kennedy, PAC, Trump, Business, Democratic, Bloomberg News, Democratic Senate, America Samoa, Gov, Illinois, Senate Locations: Maryland

☆ RFK Jr. suspends 2024 campaign, throws support behind Trump
▼ + stars: | 2024-08-23 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Read previewRobert F. Kennedy Jr. suspended his long-shot presidential campaign on Friday, throwing his support behind former President Donald Trump in a bid to shake up an already chaotic 2024 race. Related storiesIn recent days, Kennedy's campaign has shown signs of strain. Kennedy seemed primed to be a factor in the 2024 election when it appeared that President Joe Biden and Trump were destined for a rematch. Early polls showed that Kennedy was nearing double-digit support when faced with a likely Trump-Biden rematch that Americans didn't want. But, like Trump, Kennedy has faltered over the summer.

Persons: —, Robert F, Kennedy Jr, Donald Trump, Kennedy, Abraham Lincoln's, Nicole Shanahan, Kennedy —, Trump, Donald Trump isn't, he's, Mary Beth Cahill, Kennedy's, Kathleen Kennedy Townsend, Kamala Harris, Joe Biden, hasn't, Biden, Shanahan, Timothy Mellon Organizations: Service, Business, Trump, Democratic, GOP, Democratic National, RFK Jr, DNC, The Washington Post, Biden, Silicon, Kennedy, PAC Locations: Arizona, Maryland, Silicon Valley

☆ At the DNC, Harris and Democrats took back the American flag
▼ + stars: | 2024-08-23 | by ( Alice Tecotzky | Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Though Republicans have branded themselves as the party of capital-P patriotism since the Nixon years, Democrats sought to reclaim American pride this week. A striking number of this year's speakers focused on military might and distinctly American values, from Harris herself to Iraq war veterans. This story is available exclusively to Business Insider subscribers. For the past decade, Loge said that Democrats have been "shy" or "embarrassed" about embracing classic American patriotism, but that Harris and Walz are attempting to reframe the association with the flag. "Democrats serve too," Kauffman told Business Insider.

Persons: —, Donald Trump, Kamala Harris, Nixon, Harris, MAGA, Peter Loge, Obama, Loge, Trump, Peter Kauffman, Hillary Clinton, Tim Walz, Wes Moore, Trump's, Ronald Reagan, it's, Moore, I'm, Ruben Gallego, you'll, Gallego, Leon Panetta, Osama bin Laden, George Lt, Gov, Geoff Duncan, Walz, they're, Kauffman Organizations: Service, United Center, Republicans, Business, Democratic, School of Media, Public Affairs, George Washington University, America, Navy, Gov, US Army National Guard, National Guard, Maryland Gov, Senate, Army, Republican, DNC Locations: Iraq, America, Ruben Gallego of Arizona

☆ U.S. crude oil rises above $74 per barrel but is on pace for weekly loss
▼ + stars: | 2024-08-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four sites that make up the country's oil reserve. Crude oil futures rose more than 1% on Friday, but are on pace for a weekly loss as slowing demand in China weighs on the market. "That has really evaporated from the market," Croft said. "The market has really refocused on these demand concerns," Croft said. "Chinese demand concerns have really weighed on this market as well as broader concerns about the macro outlook," she said.

Persons: Brent, Helima Croft, CNBC's, Croft Organizations: Strategic Petroleum Reserve, RBC Capital Markets, Traders Locations: Mound, Brazoria County , Texas, China, Iran, Israel, Tehran

☆ Burned and uninsured: Wildfires are leaving California’s housing market in trouble
▼ + stars: | 2024-08-18 | by ( Shania Baweja | Taylor Galgano | ) edition.cnn.com time to read: +8 min

That’s made home insurance increasingly unaffordable or even inaccessible – and that’s leaving more people in the same position as the Daneaus. California’s largest insurer, State Farm, requested a 30% rate increase for its homeowner’s line last month. Last year, California Insurance Commissioner Ricardo Lara reached an agreement with insurers with an aim to cover approximately 85% of properties in high-risk areas. “[My insurance plan] wasn’t canceled but my insurance company increased the rates quite a bit,” she said. But he cautioned there’s no guarantee of that, leaving homeowners like the Daneaus grappling with uncertainty.

Persons: Los Angeles CNN —, Michael, Kristy Daneau’s, Kristy, Michael Daneau, Kristy Daneau, That’s, “ We’re, ” Michael, ”, aren’t, Justin Sullivan, California’s, it’s, ” Michael Daneau, Ricardo Lara, Kristy Daneau's, what’s, Steve Hawks, Woolsey, Angela Wilson, LAEPF, Wilson, Brent Woodworth, there’s, “ I’m, we’ve, CNN’s Camila Bernal, Sarah Moon Organizations: Los Angeles CNN, Gas & Electric, Insurance Information Institute, California Department of Insurance, Farm, State, CNN, FAIR, California FAIR, California, Golden State, The Insurance Institute for Business & Home Safety, Institute for Business & Home Safety, for Business & Home, Los, Emergency Preparedness Foundation Locations: Cohasset, California, Paradise , California, Santa Monica, Malibu

☆ Oil strengthens as fall estimated in U.S. crude inventories
▼ + stars: | 2024-08-14 | by ( ) www.cnbc.com time to read: +2 min

Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eastern war, which could curtail global oil supplies. U.S. crude oil and gasoline inventories were expected to have fallen last week, while distillate stocks rose, according to market sources, citing American Petroleum Institute data on Tuesday. Gasoline inventories eased by 3.69 million barrels, and distillates rose by 612,000 barrels. A broadening conflict in the region could affect crude supplies from Iran and neighboring producer countries, analysts said, tightening inventories and supporting prices. Keeping oil prices from moving even higher, the International Energy Agency (IEA), meanwhile, kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact of a weakened Chinese economy on consumption.

Organizations: Brent, . West Texas, American Petroleum Institute, Energy, Administration, U.S . Navy, International Energy Agency Locations: Stanton , Texas, U.S, Iran, Tehran, Israel

☆ Read JD Vance's financial disclosure, which includes at least $4 million in total assets and $250,000 in bitcoin
▼ + stars: | 2024-08-13 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

Sen. JD Vance of Ohio filed his required annual financial disclosure. Vance is required to file a separate report now that he is the GOP's vice-presidential nominee. Former President Donald Trump's report could be made public later this week. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Sen, JD Vance, Ohio, Vance, Donald Trump's, —, Trump Organizations: Service, Republican, Business Locations: Ohio

☆ Oil prices ease as markets refocus on demand worries
▼ + stars: | 2024-08-13 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China. Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China. Global benchmark Brent crude futures dipped 41 cents, or 0.5%, lower to $81.89 a barrel at 0005 GMT. U.S. West Texas Intermediate crude futures fell to $79.63 a barrel, down 43 cents, or 0.5%. Brent had gained more than 3% on Monday, while U.S. crude futures had risen more than 4%.

Persons: Brent, John Kirby, CME's Organizations: Brent, . West Texas, of, Petroleum, White House, Wednesday's, U.S Locations: China, Iran, United States

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