Yields on U.S. government debt slipped Monday morning ahead of the Treasury’s afternoon announcement of its borrowing needs for the upcoming quarter and a trio of big central-bank decisions this week.
The Warren Buffett-backed company is selling about 27,500 net acres in the Barilla Draw Field of the Texas Delaware Basin and about 2,000 net acres in the New Mexico Delaware Basin, with combined net fourth-quarter production estimated at about 15,000 barrels of oil equivalent a day.
Tesla’s stock was in rally mode Monday, as the electric vehicle giant’s stock chart was set to produce its first bullish moving-average crossover signal in over a year.
A Guggenheim analyst calls out potentially soft trends in the firewall business, though he said overall estimates look achievable.
“One of the fundamental flaws of our student-debt system is that it presumes that everyone goes to college to get an economic payoff.”
It is starting to look like traders may have once again jumped the gun by betting on aggressive Federal Reserve interest-rate cuts between now and the end of next year.
Finance ministers of the G20 nations agree that the ultra-rich should pay their fair share.
When it comes to real estate, gymnast extraordinaire Simone Biles also displays some winning moves.
Deutsche Lufthansa has suspended flights to the Lebanese capital Beirut due to what it said were current developments in the Middle East.
Heineken shares slumped on Monday as the Dutch brewer took a €874 million write-down on its holding of a Chinese brewery, as it increased spending more than analysts expected.
U.K. consumer-products giant Reckitt saw its share price slump after a jury awarded $495 million in a key baby-formula case.
Eisai shares fell sharply after its Alzheimer’s drug failed to secure marketing approval in the European Union.
El-Erian: Key supports for the U.S. market have been confidence in tech stocks, the economy and the Fed. Two of these are weaker.
