Warner Bros. Discovery planning major restructuring months after merger

video Warner Bros Discovery eyes ‘major corporate move’ FOX senior correspondent Charlie Gasparino reports that Warner Brothers Discovery CEO David Zaslav is expected to reveal plans to revamp company leadership on “Cavuto: Coast to Coast.” David Zaslav continues to cut. The CEO of Warner Brothers Discovery is planning a major restructuring just months after the formal completion of the merger […]

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Oil Futures Settle Sharply Higher As Crude Inventories Drop

Crude oil prices surged higher on Wednesday after data showed a drop in crude inventories in the U.S. in the week ended July 22nd. Cuts in Russian gas flows to Europe contributed as well to oil’s sharp rise. According to reports, gas flows through the Nord Stream 1 pipeline fell to a fifth of the pipeline’s capacity on Wednesday. West […]

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Treasuries Advance Following Fed Decision, Powell Comments

Treasuries moved higher over the course of the trading session on Wednesday, as traders reacted to the Federal Reserve’s widely anticipated interest rate hike. Bond priced reached new highs late in the session, closing firmly in positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 5.3 basis points to 2.734 percent. The […]

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Westpac, NAB leave door open on oil and gas finance amid climate push

Two of Australia’s biggest banks have left the door open to financing new oil and gas projects as they pitched their climate credentials amid a national debate about funding for fossil fuel projects. Westpac will pressure corporate borrowers to cut carbon emissions by setting new targets for clients in electricity generation, cement manufacturing and oil and gas, though it could […]

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China's Fed insiders, oil reserves tapped, Fed decision imminent: Wednesday's 5 things to know

video FOX Business Flash top headlines for July 26 Check out what’s clicking on FoxBusiness.com. Here are five key things that could impact Wednesday's trading. CHINA’S FED INSIDERS: The Chinese government has targeted the Federal Reserve in an effort to undermine American monetary policy since at least 2013, according to a report released Tuesday by Republicans on the Senate Homeland Security […]

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Oil Futures Settle Lower As U.S. Decides To Sell More From SPR

Crude oil prices pared early gains and fell sharply on Tuesday, weighed down by an announcement from the Biden administration about more sales from the national oil reserve to fight inflation at the pump. The dollar’s rebound from recent losses contributed as well to the drop in oil prices. The dollar climbed higher with traders looking ahead to the Federal […]

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Friday’s Top Analyst Upgrades and Downgrades: Alcoa, Blue Apron, Enterprise Products Partners, GSK, Nordstrom, Southwestern Energy, Tesla and More

The futures were mixed Friday, as we get ready to close out a productive week, at least by 2022 standards. The major indexes closed higher again Thursday, as domestic interest rates retreated in a big way. The European Central Bank, which has been late to the inflation party, raised rates Thursday by 50 basis points, the first hike in Europe […]

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