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Market News
March 5, 2021
Oil Curve Shows Traders Fretting OPEC+ to Overtighten the Market
With headline crude futures hitting $65 a barrel, the broader oil market is booming.
March 5, 2021
Schumer Pledges to Power Through and Pass Bill: Stimulus Update
Senate Majority Leader Chuck Schumer pledged that the chamber will “power through” the arduous final process of getting President Joe Biden’s...
March 5, 2021
Sweden Liberals to Withdraw Backing for Premier after 2022 Vote
Sweden’s Liberal Party announced it will cease to support the Social Democrat-led government of Premier Stefan Lofven after the elections due next...
March 5, 2021
Walmart’s Latest Foray Into Finance Makes a Friend of an Old Foe
One of Walmart Inc.’s longtime foes conceded the retailer’s latest foray into banking could end well for consumers.
March 5, 2021
Merkel Cancels Meeting With Top German CEOs Over Testing Spat
Chancellor Angela Merkel called off a video conference with German business leaders on Friday because of a disagreement over the possibility of free...
March 5, 2021
Goldman Made $200 Million Off the Deep Freeze, at Least on Paper
Goldman Sachs Group Inc. traders are poised for significant profits from the freeze that roiled energy markets and left swaths of the U.S. without...
March 5, 2021
Economists Ratchet Up U.S. Growth Forecasts on Spending Plan
Growth prospects for the U.S. economy this year are brightening considerably as Americans get vaccinated from the coronavirus and Congress closes in...
March 5, 2021
TikTok Leases New London Office Following U.K.-China Tech Spat
TikTok, the social media company owned by China’s ByteDance Ltd., has agreed to lease a new London office building months after a spat between the...
March 5, 2021
Export Boom Drives Canada’s First Trade Surplus Since 2019
Canada’s trade sector unexpectedly recorded its first surplus in almost two years on across-the-board increases in exports.
March 5, 2021