Expect $100 to be the new normal for oil prices thanks to production cuts, higher interest rates, and lack of investment, JPMorgan energy analyst says

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Crude

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Warren Buffett's Berkshire Hathaway just dumped another $130 million of HP stock - and has now sold nearly $300 million worth this month

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Warren Buffett newspaper toss
Warren Buffett.

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Oil prices nearing $100 a barrel is bad news for inflation — but it's good news for Russia

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Russian President Vladimir Putin delivers key speech during the Russian Energy Week 2022 in Moscow, Russia on October 12, 2022. (
Russian President Vladimir Putin delivers key speech during the Russian Energy Week 2022.

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The BRICS bloc may soon get 6 new members and more jumbled opinions on de-dollarization

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South African President Cyril Ramaphosa with fellow BRICS leaders President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, Prime Minister of India Narendra Modi, and Russia's Foreign Minister Sergei Lavrov pose for a family photo with delegates, including six nations invited to join the BRICS group, Argentina, Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia, during the closing day of the BRICS Summit at the Sandton Convention Center on Augu

The disruptive effect of weight loss drugs like Ozempic could have surprising impacts on the stock market. Here are potential winners and losers.

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weight loss scale

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US commercial-property concerns keep mounting - experts warn of 'massive' debt refinancing risk and an economic 'doom loop'

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NY buildings

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US debt interest payments are unsustainable and flash 'huge warning signs' as they take over federal spending, budget expert warns

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The Capitol building with dollars behind it.

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Crypto is growing up: Goodbye yacht parties and NFTs, hello regulation and practical tech

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No more yacht parties for the crypto scene.
Messari Mainnet 2023 did not feature the yacht parties and speculative hype of years past.

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'Shark Tank' investor Kevin O'Leary likely made over 20 times his money on a startup selling genetic-testing kits for cats

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GettyImages 1230266561
Kevin O'Leary.

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How two former Goldman Sachs traders built the No. 1 US coal exporting business

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  • Two ex-Goldman bankers have made their fortune betting on a non-renewable resource, Bloomberg reported.
  • Peter Bradley and Spencer Sloan have built a $1 billion commodities firm over the last eight years.
  • Javelin Global Commodities is now the No. 1 US coal exporter despite the environmental concerns associated with the fuel.

Two former Goldman Sachs traders have built the largest coal-exporting business in America, despite a global push to move away from the controversial fossil fuel. 

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