Oil’s main international benchmark fell below $70 per barrel for the first time since the end of 2021 amid mounting concerns about slowing global growth.Meanwhile, global stock markets diverged Tuesday as traders assessed the outlook for interest rates in the United States and Europe and awaited the US presidential debate.Brent crude slumped more than three percent to below the $70 per barrel level for the since December 2021, while the main US contract, West Texas Intermediate (WTI), tumbled four percent at one point.Oil analyst Tamas Varga at PVM Oil Associates said the OPEC oil cartel revising its demand estimates lower…
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Sep 14, 2024; Austin, Texas, USA; Texas Longhorns head coach Steve Sarkisian stands for the Eyes of Texas with players and fans after a victory over the Texas-San Antonio Roadrunners at Darrell K Royal-Texas Memorial Stadium. Mandatory Credit: Scott Wachter-Imagn ImagesIf you just look at the final score of 56-7, you’d think it was a normal game for this year’s Texas Longhorns against a Group of Five team like the UTSA Roadrunners.But the Week 3 matchup was anything but normal. Texas lost Heisman favorite Quinn Ewers to injury early in the second quarter. Arch Manning was called into service and…
Convera has announced its partnership with Routable, the efficient and flexible accounts payable platform. This integrated partnership will enable Routable to leverage Convera’s global network and experience in foreign exchange and compliance to provide its customers with increased global reach, reliability and competitive rates.Today’s modern businesses want to reduce manual workload and build automation across the organisation. Routable specialises in helping finance teams automate and simplify the payables process from invoice receipt to reconciliation.Routable enables finance teams to do more with less through automated workflows, flexibility and speed of both domestic and international payment methods, and deep integrations into accounting…
Data-mining software company Palantir Technologies is popular among retail investors, but Bank of America said it’s still misunderstood by many on Wall Street.In a note on Tuesday, analysts pointed out that a 1980 estimate of cell phone users by 2000 was just 900,000. The actual number of mobile subscriptions that year was more than 100 million. Meanwhile, such early forecasts also failed to see the advent of mobile apps and smart devices.”We view Palantir’s (PLTR) capabilities, technology and path forward facing a similar fundamental misunderstanding,” wrote BofA analysts led by Mariana Perez Mora. “The upcoming S&P 500 inclusion provides a…
We recently compiled a list of the 7 Best Organic Food and Farming Stocks to Buy. In this article, we are going to take a look at where Albertsons Companies, Inc. (NYSE:ACI) stands against the other organic food and farming stocks.The farming and organic food industry is essential in meeting global food demand while catering to the growing preference for healthier and sustainable options. Despite challenges like fluctuating costs and climate change, the sector benefits from trends such as increased organic food consumption and alternative proteins.Sector PerformanceThe broader market had a strong performance in 2024, largely driven by technology stocks in…
Samsung makes some of the best Android phones on the market, thanks to the polished One UI experience and excellent software support. As a long-time Galaxy phone user, though, I now change some settings and set up several features before I start using it. 1 Enable Navigation Gestures Google moved away from the three-button navigation bar with the release of Android 10 in September 2019. For reasons best known to Samsung, the company continues shipping its phones with the navigation bar enabled by default. Worse, you don’t even get the option to switch to navigation gestures during the initial setup…
At midday on Thursday, Wall Street was showing slight gains, with small caps leading the charge. The Russell 2000 index surged 1.2%, outperforming large-cap indices in a notable rebound. The session kicked off with the release of the August Producer Price Index (PPI), which revealed mixed inflation data, following a slightly hotter-than-expected underlying consumer inflation picture a day earlier. However, the PPI report had little impact on market expectations surrounding future Federal Reserve rate cuts, with traders fully pricing in a reduction in the fed funds rate next week. See Also: JPMorgan Warns Anticipated Rate Cuts May Not Significantly Boost…
PANAMA CITY, Fla. (WJHG/WECP) – The history of the Glenwood Business District is now being honored with historical markers.Five businesses and a church were recognized at Macedonia Missionary Baptist Church.Some of the businesses are still standing, while others are no longer in operation but had a significant impact on the development of the Glenwood community.Each marker provided a brief description of the business and its contribution to shaping Glenwood into the community it is today.“Our children, our grandchildren, our great-grandchildren need to understand that there were that were owned in the black community,” said Anita Dillard, a member of the…
We recently compiled a list of the 10 Largest Biotech Hedge Funds and Their Top Stock Picks. In this article, we are going to take a look at where Nuvalent, Inc. (NASDAQ:NUVL) stands against the other biotech stocks.The ability to successfully make money through investment requires deep thinking and analysis. Even then, it’s not a sure shot, and oftentimes, investors end up losing money regardless of how sound their decisions might have appeared on the surface. This is why most business schools teach portfolio diversification, to ensure that an investor’s risk is managed by allocating money across different stock categories.One of…
Arch Manning was inserted into Texas’ starting lineup after an injury knocked Heisman contender Quinn Ewers out of the Longhorns’ clash with UTSA on Saturday evening.The high-profile sophomore has been asked to come on in relief before. He enjoyed a brief but wondrous display against Colorado State in Texas’ season-opener, racking up 95 yards on 5-of-6 passing and while running for a score and throwing for a score.Saturday’s contest presented Manning with an entirely different environment, taking over in the first half after Ewers suffered an injury.MORE: Latest news, updates after Quinn Ewers exits Texas-UTSA game with injurySo, how did…