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Finance Expert

1687 posts
  • Finance Expert

Oil prices jump despite OPEC+ announcing another sharp production hike

  • June 1, 2025
  • Roubens Andy King
Oil prices jump despite OPEC+ announcing another sharp production hike
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the…
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The 30-year drops while the 15-year edges higher
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  • Finance Expert

The 30-year drops while the 15-year edges higher

  • June 1, 2025
  • Roubens Andy King
Mortgage rates are lower on the long end and slightly higher on the short. According to Zillow, the average 30-year fixed interest rate is down seven basis points to 6.77%,…
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ZeniMax video game workers reach first union contract with Microsoft (MSFT:NASDAQ)
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  • Finance Expert

ZeniMax video game workers reach first union contract with Microsoft (MSFT:NASDAQ)

  • June 1, 2025
  • Roubens Andy King
Christian Petersen/Getty Images News Over 300 quality assurance workers at Microsoft (NASDAQ:MSFT) unit ZeniMax Media have reached a tentative contract agreement with the tech giant, in a first for the…
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Nationalist candidate takes narrow lead in Poland election, exit poll says
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  • Finance Expert

Nationalist candidate takes narrow lead in Poland election, exit poll says

  • June 1, 2025
  • Roubens Andy King
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Karol Nawrocki, a historian standing for the nationalist opposition Law…
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Dow futures dip as Wall Street weighs likelihood of Trump’s latest tariff threat, while U.S. eyes call to resolve China trade snag
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  • Finance Expert

Dow futures dip as Wall Street weighs likelihood of Trump’s latest tariff threat, while U.S. eyes call to resolve China trade snag

  • June 1, 2025
  • Roubens Andy King
The so-called TACO trade will be tested as market respond to President Donald Trump's announcement on Friday night that he will double steel tariffs to 50%. Meanwhile, administration officials sounded…
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Could Buying Lucid Group Stock Today Set You Up for Life?
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  • Finance Expert

Could Buying Lucid Group Stock Today Set You Up for Life?

  • June 1, 2025
  • Roubens Andy King
Lucid makes a very small amount of cars relative to other automakers. It's hard to ignore that the company loses billions annually. Other key players are competing in the same…
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JPMorgan's Dimon says bond market is 'going to have a tough time' one day – Fox interview
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JPMorgan's Dimon says bond market is 'going to have a tough time' one day – Fox interview

  • June 1, 2025
  • Roubens Andy King
JPMorgan's Dimon says bond market is 'going to have a tough time' one day – Fox interview
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Ukraine stages audacious attack on airfields deep in Russian territory
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  • Finance Expert

Ukraine stages audacious attack on airfields deep in Russian territory

  • June 1, 2025
  • Roubens Andy King
Ukraine’s forces launched a massive drone attack on four airfields deep inside Russia that were home to strategic bombers used in air raids, officials said on Sunday, in possibly their…
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Spike in steel tariffs could imperil Trump promise of lower grocery prices
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  • Finance Expert

Spike in steel tariffs could imperil Trump promise of lower grocery prices

  • June 1, 2025
  • Roubens Andy King
President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles. The announcement Friday of a staggering 50% levy on those imports stoked…
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Stock market’s haul in May comes as tariff turmoil and job angst lurk on the horizon
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  • Finance Expert

Stock market’s haul in May comes as tariff turmoil and job angst lurk on the horizon

  • June 1, 2025
  • Roubens Andy King
S&P 500 seizes huge May gains — and lands back on the doorstep of record territory
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