Markets
U.S. Crude Inventories Jump 6.4 Million Barrels, Far Exceeding Forecasts
U.S. crude oil inventories surged by 6.4 million barrels in the week ended November 7th, significantly surpassing economists' expectations of a 2.0...
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Finance
Retail Loyalty’s New Frontier: Flex Credentials Drive Universal Spend, Deeper Insights
Flexible credentials give retail rewards a second act, moving beyond traditional co-brand cards. Marqeta's Todd Pollak details how universal spend incentives adapt...
Stocks
Job Cuts Jump 25% in March, Challenger Report Details
Employers announced 60,620 job cuts in March, a 25% increase from February's 48,307 reductions, according to Challenger, Gray & Christmas.
Finance
Real-Time Payments Deliver Precision, Certainty for Firms and Workers
Joint research by PYMNTS Intelligence and The Clearing House shows real-time payments are fundamentally altering how money is managed, reducing uncertainty for...
Finance
Energy Shock Drives UK Firms’ Price Hike Plans, BOE Reports
UK businesses are planning larger price increases, projecting a 3.7% rise over the next year, in response to surging energy costs, a...
Stocks
AZN’s Imfinzi Combo Wins Late-Stage Liver Cancer Trial
AstraZeneca (AZN) announced a successful late-stage trial for its Imfinzi combination regimen in a subset of liver cancer patients, bolstering the company's...
Stocks
Wheat Futures See Steep Drop Wednesday Amid Profit-Taking
Wheat futures across major exchanges experienced significant declines on Wednesday, driven by profit-taking and broader market pressures.
Markets
Oil Prices Retreat on Middle East De-Escalation Hopes
Crude oil and gasoline prices fell sharply on Wednesday, driven by increasing optimism for an end to hostilities in the Middle East....
Economy
Trump’s Tariffs: One Year Later, Four Shifts Reshape Global Trade
A year after President Trump launched his trade war, US tariff rates are at decades-high levels, driving a significant decoupling between the...
Economy
35 Nations Convene to Unlock Strait of Hormuz, Oil Prices Jump
Thirty-five nations, led by the UK, are meeting to address the closure of the Strait of Hormuz, a critical shipping route whose...
Economy
Trump’s Tariffs: One Year On, Economic Boom Remains Elusive
A year after President Trump imposed double-digit tariffs, the promised economic boom has not materialized. Manufacturing is in a slump, inflation remains...
Economy
Iraq’s Oil Exports Halt: Basra Output Plummets 70% Amid Hormuz Closure
Iraq's economy faces a severe blow as the Strait of Hormuz shutdown halts oil exports, slashing Basra's production by over 70% and...