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A Wall Street trader made a $7.5 million windfall on a suspiciously-timed investment ahead of a surprise debt limit deal concession

Jennifer DuBois -
A debt ceiling deal surprisingly green-lit the Mountain Valley Pipeline.A trader bought 100,000 call options on the pipeline's owner days before that was...
Business

China Sets Out Proposals to Underpin Its Massive Renewables Push

Jennifer DuBois -
(Bloomberg) -- China is setting out how it will prevent bottlenecks as it prepares for another record year of renewable power installations.Most Read...
Business

Dollar edges up as US rates seen higher for longer

Jennifer DuBois -
By Kevin BucklandTOKYO (Reuters) - The dollar firmed against major peers in Asian trading after a robust U.S. jobs report spurred traders to...
Business

Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap – analysts

Jennifer DuBois -
By Florence TanSINGAPORE (Reuters) - A global shortfall in crude oil supply is set to deepen in the third quarter as the world's...
Business

Stocks slide as all eyes on debt ceiling vote: Stock market news today

Jennifer DuBois -
US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor...
Business

Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally

Jennifer DuBois -
(Bloomberg) -- Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at...
Business

Asian shares extend global rally; oil prices jump on Saudi cuts

Jennifer DuBois -
By Stella QiuSYDNEY (Reuters) - Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes...
Business

Saudi Arabia Goes It Alone at OPEC+ With Million-Barrel Cut

Jennifer DuBois -
(Bloomberg) -- Saudi Arabia will make an extra 1 million barrel-a-day oil supply cut in July, taking its production to the lowest level...
Business

Don’t Ask Us to Come to the Office More — Or We Will Quit, Investors Say

Jennifer DuBois -
(Bloomberg) -- Financial professionals have a warning for their employers: Don't ask me to come in to the office more often, or I’ll...
Business

Asian Stocks, Oil Find Support; Dollar Inches Up: Markets Wrap

Jennifer DuBois -
(Bloomberg) -- Asian stocks were poised to climb Monday after a gauge of global equities extended its one-year high and the S&P 500...
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