Columbus, OH

Package Includes Older Wells in Permian’s Central Basin That Produce Small but Stable Amounts of Oil. [Stay on top of transportation news: Get TTNews in your inbox.]. Exxon Mobil Corp. is looking to sell a package of conventional oil assets in the Permian Basin as the company focuses on growing shale production after buying Pioneer Natural Resources Co. earlier this year.

Exxon Seeks to Sell Conventional Permian Assets for $1B

Reuters

HOUSTON (Reuters) - An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously inaccessible crude into production, analysts said.

New drilling technology to put billions of barrels of oil in reach, analysts say

Mohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell Overtime' to talk Fed Chair Jerome Powell's comments and their impact on the market.

Fed shifting to dual-mandate of the labor market and inflation, says Allianz's Mohamed El-Erian

China reported that its industrial profits from January to July climbed 3.6% year on year. Oil prices continued to rise after Israel and Hezbollah traded strikes over the weekend, with U.S. West Texas Intermediate crude climbing 3.5% to close at $77.42 per barrel and Brent crude up 3.05% at $81.43 a barrel, its highest in about two weeks.

Most Asia markets track declines in key Wall Street indexes; investors assess China industrial profits

Markets Insider

Strong US stock market performance could limit the dollar's downside — even if the Fed is easing, according to Goldman Sachs analysts.

Powell's rate-cut signal hits the US dollar — but strong stock markets could limit the blow, says Goldman Sachs

Las Vegas, NV

Zoreen Kabani was always passionate about style. "I love clothing, love fashion, love being coordinated," she says. She just didn't think she could make a career out of it. Kabani, 37, and now based in Las Vegas, spent the first decade or so of her career working in finance. In her native Pakistan, "it's still a point of expectation to be in some form of a traditional career path," she says. She was a financial analyst at Goldman Sachs then a banker and financial advisor at JPMorgan Chase.

37-year-old brings in more than $100,000 a month selling clothes on Whatnot: ‘Consistency is key’

Illinois State

I can remember vividly watching the Democratic National Convention in July of 2004 and seeing Illinois state Sen. Barack Obama for the first time — well, I knew about him, but seeing him speak for the first time. The Democratic presidential nominee at the time pegged Obama to give the keynote. Many said, “Who?” But when he appeared and spoke, it was spellbinding.

After 20 years, and after tonight, Obama will no longer be the Democrats' top star

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can...

Best jumbo CD rates for September 2024

Buying a house in today's housing market isn't easy as asking prices are only getting higher, and mortgage rates continue to fluctuate. But despite those factors, some metro areas across the United States are actually friendly to those looking to buy this year. This month, Realtor.com released its report on the easiest and hardest housing markets for homebuyers right now.

10 U.S. housing markets where buyers have the most power right now: They're 'in a good position to negotiate,' expert says

TheStreet

Her flagship Ark Innovation ETF has sunk 21% year to date.

Cathie Wood buys $59 million of pummeled tech stocks

Texas State

An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There has been "modest growth" in the dinner sausage category for one producer, according to the Dallas Federal Reserve's Texas Manufacturing Outlook Survey released Monday. This underscores the trends of shoppers opting for cheaper products and pulling back spending all together as cumulative inflation bites into purchasing power.

Increased sausage demand could be worrying signal on the economy

The basic version of the Mona M03 electric coupe starts at 119,800 yuan ($16,812), with a driving range of 515 kilometers (320 miles) and some parking assist features. A version of the Mona M03 with the more advanced "Max" driver assist features and a driving range of 580 kilometers will sell for 155,800 yuan.

Xpeng releases mass-market EV with basic driver-assist for less than $20,000

Prices of the red metal have been climbing steadily in recent weeks, paring losses after falling to a four-month low in early August. Saxo Bank's Ole Hansen said copper's recent rally had been bolstered by renewed demand from hedge funds which had previously cut their exposure "during the recent and deep 24% correction."

Copper prices near six-week high as one strategist says the 'worst of the correction is over'

Lowe's will no longer participate in surveys for Human Rights Campaign, an advocacy group supporting transgender rights, and is also combining its various business resource groups that represent diverse employees into one umbrella organization, an internal memo obtained by Reuters on Monday showed. The company will not be sponsoring or...

Home improvement retailer Lowe's latest U.S. firm to end some diversity policies

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.

Investors need to be cautious on stocks because the economy is flashing a warning not seen in nearly a century, billionaire investor Mark Mobius says

(Reuters) -Gains in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this week. The travel and leisure and banking sectors were the top gainers for the day, rising 0.7% and 0.9% respectively. The pan-European STOXX 600 index edged 0.2% higher to 518.88 points.

Travel, banking stocks lift European shares with data in focus

It’s another day in the Long March out of China by Western firms. This time around, it’s IBM’s turn. On Monday, the tech giant announced it would be shutting down its Chinese research and development team, shifting some operations to other international locations and affecting around 1,000 employees in the process. At this point, it would have been more surprising had it stayed.

IBM Shutters Its China R&D Division

While most student loan borrowers have returned to repayment by now, time is running out for those not making payments to avoid further consequences. After Sept. 30, student loan servicers will once again be able to report missed or incomplete payments to borrowers' credit agencies. That means missing a payment could potentially damage your credit score or be a blemish on your credit report for years to come.

Student loan payment 'on-ramp' ends Sept. 30—missed payments afterward can have serious consequences

Dania Beach, FL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Akeena

If you’ve recently shopped at the Walmart Neighborhood Market on East Sheridan Street in Dania Beach, you might want to double-check your purchases. A recent inspection by the Florida Department of Agriculture revealed some alarming issues, including moldy meat and improperly stored chicken.

Moldy Meat and Warm Chicken: Walmart Neighborhood Market  Faces Inspection Troubles in Florida

NewsBreak

U.S. policy has been designed to keep foreign oil on the market, says RBC's Helima Croft

Helima Croft, RBC Capital Markets global head of...

U.S. policy has been designed to keep foreign oil on the market, says RBC's Helima Croft

Comments / 0