HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran…
An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021. Costfoto | Future Publishing | Getty Images Beauty company Estée Lauder Companies said Monday that it is in talks with Spanish beauty group Puig to potentially merge the two companies. “No final decision…
Bookmakers get creative when it comes to odds they make available for the NFL Draft. And among the most interesting and fun markets is Mr. Irrelevant. The player who’s drafted with the final pick gets the Mr. Irrelevant distinction because, more often than not, his career in the league is a forgettable one. There are,…
There’s reason to believe Monday’s market rally could be part of a bigger rebound for the S & P 500 , according to Morgan Stanley. With its 1.2% rally on Monday, the S & P 500 came roaring back from the brink of nearly entering a 10% correction. But measured by its price-to-earnings ratio, that…
SEOUL, SOUTH KOREA – MARCH 21: (EDITORIAL USE ONLY) K-pop boy band BTS perform onstage during comeback concert at Gwanghwamun Square on March 21, 2026 in Seoul, South Korea. The free concert is the band’s first performance in nearly four years. (Photo by Kim Hong-Ji – Pool/Getty Images) Pool | Getty Images Entertainment | Getty…
U.S. President Donald Trump’s Mar-a-Lago property in Palm Beach, Florida. Marco Bello | Reuters Emily Gregory, a small business owner and first time candidate for elected office, is looking to score an upset in a Florida special election on Tuesday to represent Mar-a-Lago in the state legislature. Gregory is a Democrat running for state House…
In the NFL, the bar is always rising. Each offseason, superstars reset the market, altering the salaries that the best players at each respective position expect to receive. Well, we’re only a few weeks into the 2026 offseason, and we’ve already seen a few players become the new highest-paid star at their respective position. Wide…
Mike Wirth, CEO of Chevron Corp., at the CERAWeek by S&P Global conference in Houston, Texas, March 23, 2026. Carter Smith | Bloomberg | Getty Images HOUSTON — The oil futures market has not fully priced in the scale of the supply disruption triggered by the closure of the Strait of Hormuz, Chevron CEO Mike…
The Women’s National Basketball Player’s Association ratified the terms of a new collective bargaining agreement Monday, calling it “transformational” and “bigger than basketball.” The new CBA begins this season and runs through 2032. When asked her opinion of the most important outcome from the deal, WNBPA President Nneka Ogwumike had two words: “Bank accounts.” “Being…
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) Traders will be paying special attention to small caps this week, after the Russell 2000 fell into correction territory during last week’s pullback, according to New York Stock…
