The S&P 500 and Nasdaq climbed to new record highs after Microsoft’s blockbuster earnings and investor confidence in artificial intelligence.
Read More Wall Street jumps as Microsoft enters $4 trillion club after resultsTag: OIL
Trump imposes 25% tariff and ‘additional penalties’ on India for purchasing Russian oil, military equipment
President Donald Trump has announced that the U.S. will impose a 25% blanket tariff on India, with further tariff increases imminent due to the nation’s decision to purchase Russian oil.
Read More Trump imposes 25% tariff and ‘additional penalties’ on India for purchasing Russian oil, military equipmentUS oil producer Continental Resources drops fraud lawsuit against rival Hess
Continental Resources has dropped a lawsuit against rival Hess, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
Read More US oil producer Continental Resources drops fraud lawsuit against rival HessChevron closes Hess acquisition after winning Exxon legal battle
Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Read More Chevron closes Hess acquisition after winning Exxon legal battleTrump hints at ‘major statement’ regarding Russia on Monday
President Donald Trump announced on Friday that he intends to deliver a “major statement” about Russia early next week, as the Senate weighs legislation aimed at compelling action on sanctions following months of warnings from the U.S. Commander-in-chief.
Read More Trump hints at ‘major statement’ regarding Russia on MondayNetanyahu to visit WH amid Trump’s renewed push for ceasefire in Gaza
Israeli Prime Minister Benjamin Netanyahu is reportedly scheduled to visit the White House next Monday, as President Donald Trump intensifies his renewed efforts to broker a ceasefire in Gaza.
Read More Netanyahu to visit WH amid Trump’s renewed push for ceasefire in Gaza
