Energy
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Finance
Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a…
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Finance
Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Westend61 | Westend61 | Getty Images Some states have stopped disbursing funds to consumers via Biden-era rebate programs tied to…
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Finance
Warren Buffett’s Berkshire buys more Occidental after 30% sell-off from record high
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s Berkshire…
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Economy
Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…
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Economy
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…
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Finance
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
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Economy
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…
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Finance
States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes…
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Finance
Take a look inside a $1.1 million ‘zero emissions’ home
Courtesy: Wojciechowski Family Real estate is a key puzzle piece in achieving the U.S.’ climate goals, according to federal officials.…
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Finance
Here’s the deflation breakdown for August 2024 — in one chart
D3sign | Moment | Getty Images Inflation cooled in August and fell to its lowest level since February 2021, which…
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