flash-finance

Rumble Closes Acquisition of Northern Data

Advanced energy director Brian Shirley disposes of $459k in stock

New Fed Chair Warsh establishes task forces to review its operations, policies: press conference

Fed begins Warsh era by keeping rates on hold, sees one hike later this year

The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.

The Fed will have to raise rates later this year -- Steve Case

Fed holds steady in Warsh’s debut; analysts see hawkish shift

After the oil price crash of 2014-15, global energy majors like BP (NYSE:BP), Chevron (NYSE:CVX), and TotalEnergies (NYSE:TTE) sold their interests in the Canadian oil sands, at the time classifying their Canadian operations as among the most expensive and least profitable. Thus, the majors redirect

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.

Customers desperate for oil are draining so much of it from giant storage tanks in Oklahoma that producers are having trouble keeping up.