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The global oil market has faced a supply shock of high magnitude. Gas prices have spiked, and ordinary drivers feel it every time they pull up to the pump. That memory is worth keeping in mind as Shell (SHEL) CEO Wael Sawan stepped in front of a Bloomberg camera Tuesday, April 28, and delivered one […]

The way we bank has changed rapidly over the past several decades. For a while, it seemed like fintechs would rise up and traditional banks would become a thing of the past. Today, you can do all of your banking on your smartphone and don’t even need to talk to a human to open a

We all know that rising oil prices are adding to new inflation pressures to our daily lives. The price of gasoline in the United States is now at about $4.24 a gallon. That’s up about 42% since Feb. 27, the day before Israeli and U.S. forces launched their first attacks on Iran. It doesn’t matter

Seagate Technology (STX) is on another tear. The stock jumped 11% today on third-quarter results, adding about $15 billion in market value, and is now up roughly 130% this year alone. Investors are starting to price in a much bigger shift, where Seagate plays a direct role in AI infrastructure buildouts. Hyperscalers are buying massive

Visa (V) just reminded investors why it still deserves to trade at a premium. After a relatively slow start to the year, the stock jumped 9% following earnings, adding roughly $50 billion in market value in a day. At first glance, the quarter looked strong, but the bigger shift is happening under the surface. More

The Federal Reserve announced at its April 28-29 meeting that is keeping the federal funds rate unchanged. This decision was widely expected among economists and investors. In my decade of reporting on mortgages, I’ve learned that the Fed’s rate impacts mortgage rates — just not always in the ways people assume. For example, a flat

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal In a day and age where working from home is the norm, organization is essential. How can you be expected to jump on calls, work on

Starbucks just posted its best quarter in years. Foot traffic is up. Sales are up. Profits are up. But Starbucks (SBUX) CEO Brian Niccol isn’t celebrating with coupons. When Niccol took the helm in late 2024, one of his first moves was to slam the brakes on the discount-heavy approach that had quietly become the

Bloom Energy (BE) stock has been on an unbelievable run, up more than 1,400% over the past year, and shares jumped again after the company landed a massive AI data center power deal with Oracle, delivered triple-digit revenue growth, and raised its full-year outlook. That combination is starting to change how Wall Street views the

American Airlines just made a billion-dollar bet that its airplanes are worth more than its credit rating suggests. The Fort Worth-based carrier launched a $1.14 billion bond offering on April 27, pledging 32 aircraft as collateral in a move that allows the company to borrow on terms far more favorable than its balance sheet would