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BP sees ‘exceptional’ oil-trading result as prices spike
The British oil company expects significantly better performance in oil trading this quarter compared with the previous one. Article Attribution | Read More at Article Source
Why two Wall Street titans just turned bullish on U.S. stocks
Citigroup and BlackRock Investment Institute have both turned bullish on U.S. stocks. They say tech dominance is a part of that. Article Attribution | Read More at Article Source
Wholesale inflation jumps to highest level in three years
U.S. inflation at the wholesale level rose to a three-year high in March due to surging oil prices tied to the Iran war, but aside from energy the cost of other goods and services were relatively tame. Article Attribution | Read More at Article Source
Fink hails one of BlackRock’s ‘strongest starts to a year in our history’
The world’s biggest asset manager beat earnings forecasts after a surge into its exchange-traded funds Article Attribution | Read More at Article Source
Wells Fargo sees little change in guidance despite spike in oil prices
The fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged Article Attribution | Read More at Article Source
‘It is their fault’: My condo board forgot to bill for storage fees. Must I pay retroactively?
“They now intend to bill us for seven to eight months of storage fees.” Article Attribution | Read More at Article Source
JPMorgan sees revenue surge in markets and investment banking, but here’s why the stock is pulling back
JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock. Article Attribution | Read More at Article Source
Fund-manager pessimism builds but it’s not at ‘close your eyes and buy’ levels, says Bank of America
The April FMS was eagerly awaited given the oil price shock caused by events in the Middle East. While sentiment darkened, though, investors seem reluctant to cut risk significantly. Article Attribution | Read More at Article Source
Oil futures fall further below $100 on hopes of peace deal
Oil futures on Tuesday fell further below $100 as hopes rise that the U.S. and Iran may soon reach a peace deal. Article Attribution | Read More at Article Source
‘She’s a smoker’: My mother, 55, has no car and no job. Should I buy her life insurance?
“My brothers and I are willing to split the cost of life insurance for her, if we can find a policy.” Article Attribution | Read More at Article Source
Why there’s a disconnect between solid economic data and dismal consumer confidence, according to Jim Grant
Jim Grant is worried about the impact on inflation, not just of the war, but also about how central banks now bake it into their monetary policies Article Attribution | Read More at Article Source
March saw the largest increase in global energy inflation in 25 years
The Iran war has caused the biggest rise in global energy inflation in 25 years, according to calculations made by an economist tracking government data. Article Attribution | Read More at Article Source