NY Times Business
The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil stranded by the effective shutdown of the Strait of Hormuz.
Bloomberg Markets
A flood of new shares from companies looking to fund their artificial intelligence ambitions is raising questions on Wall Street about whether there will be enough buyers to soak them all up and what this pile of fresh equity will mean for stock prices more broadly.
Yahoo Finance
Bloomberg Markets
Major OPEC+ members agreed another modest symbolic increase to their oil output quotas for July, even as a blockage of exports from the Persian Gulf prevents most of them from implementing it.
Bloomberg Markets
President Trump has appointed Bill Pulte as the Acting Director of National Intelligence which has mixed reactions from lawmakers on both sides of the aisle. Republican Congressman Greg Steube joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss his opinion on Pulte's appointment. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Yahoo Finance
Financial Times
Planned combination of ‘equals’ is latest attempt at banking consolidation in the country