Oil Futures closed higher Thursday. Oil rose but remained in a narrow range as bullish momentum in broader markets counteracts weak near-term fundamentals for the commodity, pushing traders to shift their focus to next year’s contracts. West Texas Intermediate advanced about 1% to approach $82 a barrel, still within...

Rangebound Crude Settles Slightly Higher

August WTI crude oil (CLQ24) on Friday closed down -0.20 (-0.24%), and Aug RBOB gasoline (RBQ24) closed down -2.53 (-1.00%). Crude oil and gasoline prices Friday settled moderately lower. Crude prices Friday fell back from a 1-3/4 month high and turned lower on concerns about global energy demand. Crude oil on Friday initially moved higher on heightened tensions in the Middle East, with Israel close to a full-blown war with Hezbollah in Lebanon and with Houthi rebels in Yemen stepping up their attacks on commercial shipping in the region.

Crude Prices Slip on Tepid Global Energy Demand

Reuters

ORLANDO, Florida (Reuters) - The only "winner" from a possible all-out trade war between the West and China will probably be the U.S. dollar. Uncertainty around global trade policy is the highest since 2018-2019 when clashes between former U.S. President Donald Trump's administration and Beijing reached fever pitch. It's nowhere near those peaks yet, but will be the focus of greater attention as the U.S. presidential election draws closer.

Column-Dollar is only winner from China-West trade war: McGeever

Oil prices fell in early Asian trade on Wednesday after an industry group reported a surprise jump in U.S. stockpiles, fueling concerns about weaker-than-expected demand in the top oil consuming nation. The American Petroleum Institute reported U.S. crude oil stocks rose by 914,000 barrels in the week ended June 21,...

Oil edges lower after industry group reports jump in U.S. stockpiles

FXDailyReport.com

The WTI crude oil price on Friday pulled back off the session highs of about $82.75 to trade at about $81.43 after the latest data. The oil price has completed a downward breakout from an ascending channel formation. The light crude oil price has now fallen to trade at the...

WTI Crude Oil Pulls Back Off Session Highs to Trade at $81.43

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

After she got divorced in 2021, Sora Lee bought a brand new Tesla Model 3 for just over $70,000. But she now wishes she had spent the money differently. "I just really wanted a Tesla because it's something my ex wouldn't let me [have], and I regret buying that full price," the 34-year-old tells CNBC Make It. "Huge mistake."

34-year-old earning $400,000 a year: I regret buying a brand-new Tesla—it was a 'huge mistake'

Trenton, NJ

U.S. Bankruptcy Judge Michael Kaplan approved Rite Aid's bankruptcy plan at a court hearing in Trenton, New Jersey, saying that the restructuring had saved the company from having to shut down and liquidate operations. Rite Aid used its bankruptcy to close hundreds of stores, sell its pharmacy benefit company Elixir,...

Rite Aid bankruptcy plan approved, cutting $2 billion in debt

Fox News

As the summer heats up, so do concerns about oil. OPEC+ has more production cuts planned into 2025, meaning oil and gas prices in the U.S. could grow higher. In the markets, meme-stocks made headlines Monday morning as GameStop shares jumped over 70 percent. Fox Business’ Kelly O’Grady speaks with Phil Flynn, senior energy market analyst with the PRICE Futures Group and FOX Business Network contributor, about all of this and the upcoming May jobs report. At the end, Phil weighs in on the inflation-proof $1.50 hot dog and soda combo at Costco and the attractive nature of airline upcharges.

Business Rundown: “OPEC Hangover” Foreshadows Oil & Gas Price Headaches

Markets Insider

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

81% of Americans say they dine out at least once a month and 31% dine out at least once a week. Consumers say inflation is affecting their tipping habits. Free loyalty clubs and discounted gift cards can help stretch your dollar when dining out. Consumers aren't sacrificing dining out, even...

Inflation isn’t stopping people from dining out, but consumers are getting savvy with spending

New York City, NY

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The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

TOKYO, June 28 (Reuters) - Core consumer prices in Tokyo rose 2.1% in June from a year earlier, government data showed on Friday. The core consumer price index for Japan’s capital, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 2.0% annual rise.

Tokyo June core CPI rises 2.1% yr/yr

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Despite the reputation dating apps have of not facilitating long term relationships, most users say a romantic partnership is the goal when using apps like Tinder or Hinge. More than half of men, 53%, say they want a relationship, according to a 2024 Tinder report. A whopping 68% of women say the same. However, almost all users surveyed — 91% of men and 94% of women — said dating is difficult.

93% of singles want to be in a successful relationship but say dating is hard, recent survey shows: 4 behaviors that raise ‘red flags’

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

Cowen, WV

TD Cowen President Jeff Solomon joins 'Money Movers' to discuss private credit risks, opportunities in the credit market, rate cuts, and more.

TD Cowen President breaks down private credit risks

Newark, NJ

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Virginia State

Margaret Minnicks

Many new laws become effective in Virginia on July 1, 2024. However, a law has always existed in Virginia, but some residents might not be aware of it. According to WSET, leaving grass clippings and other debris on Virginia roads is illegal.

It is illegal to leave grass clippings and other debris on roads in Virginia

U.S. Treasury yields were higher on Wednesday as investors considered the latest comments from Federal Reserve officials about monetary policy and awaited key economic data. Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. Treasurys. Investors digested remarks from Federal Reserve officials about the U.S....

Treasury yields climb as investors weigh comments from Fed speakers

NewsBreak

Oil edges higher as Middle East risks offset U.S. demand concerns

Oil prices edged up on Thursday as supply disruption risks from rising geopolitical tensions in the Middle East helped to counter demand fears after a surprise...

Oil edges higher as Middle East risks offset U.S. demand concerns

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