Track Financial News

Much as Citadel Securities is lauded for itsgenerosity and itsfine internships, people there do leave. And when they do, the strict covenants in its employment contracts can be challenging, not least because Citadel Securities polices them very aggressively.

Oil surged to a 10-month high — extending a powerful rally that may rekindle inflation — as supply cuts from OPEC+ tightened the market and Saudi Arabia's energy minister shied away from any change in course. Global benchmark Brent topped $95 a barrel for the first time since November. The tighter market has ignited a flurry of predictions that $100 oil could return in a roster than runs from industry heavyweights such as Chevron Corp.

Investing.com — U.S. crude oil stockpiles tumbled in the just-ended week, after surging the prior week, while inventories of top fuel product gasoline rose, according to a report by petroleum industry group API. 

Investigators say a blast that prompted evacuations near Union Pacific's massive railyard in western Nebraska last week appears to be accidental

Intel chip due in December will be able to run a generative artificial intelligence chatbot on a laptop rather than having to tap into cloud data centers for computing power, the company said on Tuesday. The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming «Meteor Lake» laptop chip and from new software tools the company is releasing.

Amazon said on Tuesday that it will hire 250,000 full and part-time workers for the holiday season, a 67% jump compared to last year

The Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments

Hopes were always high for Christopher Nolan’s “Oppenheimer.”

NEW DELHI : Developed countries can no longer afford to be cautious in providing financing for achieving sustainable development goals, the UN’s resident coordinator in India Shombi Sharp said in an interview. Sharp said the world faces a $4 trillion financing gap for the SDGs and called for greater political will to provide this funding. Sharp said India was uniquely placed between developed and developing countries, which allowed it to deliver a consensus at the G20.

Retirement savers are in better shape than last year. But they had better beware the worsening “financial vortex” that could suck them in.

Investing.com — Oil prices rose Tuesday, gaining for the fourth consecutive session as forecasts of a drop in U.S. shale output added to concerns about tightening global supply for the rest of the year.

Diamondhead boasts a futuristic and minimalist design, reminiscent of something out of a science fiction movie. Its front end features a large, diamond-shaped panel that houses a light strip, with the actual headlamp unit situated underneath.

Russia launched a massive drone attack on the western city of Lviv early Tuesday, damaging a warehouse facility in a fiery blaze and killing one man, Ukrainian authorities said. Ukraine intercepted 27 of 30 Shahed drones overnight, the Air Force said.

Demand and supply theory is the core concept of economics. In the simplest language, it means that when the demand for a product increases with the supply shortage, its price increases. In the contrary case, the supply of the product increases without an increase in the demand, and its price falls. The wonders of demand and supply can be seen in every candlestick chart of shares you open.

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

Across the country, more indoor farms are launching or expanding even as others founder

A look at the day ahead in U.S. and global markets by Mike Dolan

Investing.com — The U.S. dollar traded largely unchanged in early European trade Tuesday, drifting ahead of the start of the latest two-day Federal Reserve policy meeting, the highlight of several key central bank rate decisions this week.

By Paul Carsten

Investing.com — European stock markets traded in a mixed fashion Tuesday, as investors await the start of the crucial two-day U.S. Federal Reserve policy meeting as well as the release of more inflation data from the eurozone.

Kurmi organisations in three eastern states from Wednesday, officials said. Several Kurmi bodies have called for an indefinite railway blockade at nine railway stations in Jharkhand, West Bengal and Odisha from September 20 to press for their demand of Scheduled Tribe (ST) status for the community and inclusion of Kurmali language in the eighth schedule of the Constitution. The SER cancelled nine express trains and diverted eight others in the Ranchi railway division, a senior official said. The official said the trains that were supposed to depart from their respective stations on Tuesday and enter Ranchi rail division the next day have either been cancelled or diverted as a precautionary measure. The ECoR, on the other hand, cancelled two trains and diverted four others. Sheetal Ohdar, the president of Totemik Kurmi Vikas Morcha (TKVM), a leading Kurmi body in Jharkhand, said that several organisations including Adivasi Kurmi Samaj of West Bengal and Kurmi Sena of Odisha will participate in the stir. «The indefinite blockade of railway tracks will take place at Muri, Gomoh, Nimdih, Ghagra stations in Jharkhand, Khemasuli and Kustaur in West Bengal, and Harichandanpur, Jaraikela and Dhanpur in Odisha from September 20,» he told reporters here. «Thousands of people from the Kurmi community, adorned in traditional dress, will participate in the agitation, playing drums and other musical instruments and performing Chhau, Pata, Natuwa and Jhumar dance,» he said. The Kurmi bodies had staged a five-day blockade of railway tracks from September 20 last year to press for their demand, disrupting railway traffic. Ohdar urged the MPs from the community to raise the demand during the ongoing special session of Parliament. Adivasi