(Reuters) – Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand growth offset concerns that the escalating Middle East conflict could disrupt exports in the key producing region. futures for December delivery increased 13 cents, or 0.18%, to $71.83 a barrel as of 0050 GMT. U.S. West Texas Intermediate crude futures for November delivery gained 11 cents, or 0.16%, to $68.28 a barrel. Oil markets have been under pressure from weaker-than-expected demand growth this year, particularly in China, the world’s biggest crude importer. Those demand concerns were reinforced on Monday…
Author: user
In today’s rapidly expanding automotive market, drivers searching for a brand-new SUV are finding it increasingly difficult to find one with a traditional gas-powered engine. The shift toward electric vehicles (EVs) is undeniable, with almost all major manufacturers focusing their efforts on an all-electric future. While some enthusiasts may still have reservations about the electric revolution, the automotive industry seems to be moving full steam ahead. However, there have been subtle signs recently that this revolution may be hitting some speed bumps. Concerns about infrastructure, battery ranges, and charging times have made some potential buyers hesitant. Despite these obstacles, the…
The Chevrolet Corvette is an iconic American sports car that has been around since the 1950s, competing with the best of its kind over time. With the latest versions, like the 2025 ZR1, the Corvette has become a true supercar capable of taking on European rivals like Lamborghini. Despite this, there is one generation of Corvette, the C4 (1984-1996), that is surprisingly affordable today. Many people wonder why this particular model is so underpriced, especially given its impressive performance and unique design. Corvette C4 in Red (Via Corvette) The C4 Corvette was a major leap forward for the model when…
Rubrik, Inc. (NASDAQ:RBRK) Chief Financial Officer Choudary Kiran Kumar has sold a significant portion of his company stock, according to a recent filing with the Securities and Exchange Commission. On September 26, Kumar disposed of 51,924 shares at a price range of $31.4095, totaling over $1.6 million. The transaction follows a pattern often seen among executives, where stock is sold to cover tax obligations related to the vesting of Restricted Stock Units (RSUs). The filing indicated that the sale was part of a pre-arranged plan to satisfy tax liabilities that the CFO incurred as certain RSUs vested. In addition to…
Scope 3 disclosures are complex, and Category 15 (Investments) is an obscure segment intended to cover emissions that arise from one company having a stake in another (i.e., financial transactions)1. For most companies, this represents a proverbial footnote in their overall emissions profile. Indeed, given Category 15’s unique set of conceptual and data challenges, it is not a coincidence that it sits at the tail end of the Scope 3 catalogue. For financial institutions, however, financial transactions are the business, making Category 15 emissions a critical component of their overall emissions disclosures. Compared to other industries, financial institutions typically produce…
Commercial and residential buildings in the Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022.Akio Kon | Bloomberg | Getty ImagesAsia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future moves will be as aggressive.”This is not a committee that feels like it’s in a hurry to cut rates quickly,” he said during a Q&A period following his speech with Morgan Stanley economist Ellen Zentner. “If the economy performs as expected, that would mean two more rate…
When Hurricane Helene hit the southern United States, it caused widespread power outages, leaving over a million homes without electricity. However, one homeowner managed to keep the lights on, thanks to their Tesla Cybertruck. Equipped with the innovative Tesla Powershare system, the truck became more than just a vehicle—it became a lifeline during the storm. The owner shared his experience on X (formerly known as Twitter), explaining how the Powershare feature allowed him to power essential appliances like his air conditioning and refrigerator for two full days. Tesla Powershare Technology (Via Tesla) The Cybertruck’s Powershare system offers up to 11.5…
Is Your Income Higher Than The Average Middle-Class Household? Here’s What They’re EarningCurious about where your paycheck stands compared to the average middle-class American?According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That’s a 60% jump from the $66,400 median income in 1970. While that sounds impressive, it’s worth noting that upper-income households saw an even larger increase of 78%, while lower-income households only experienced a 55% bump. So, if you’re earning more than $106,100, congratulations – you’re ahead of the curve!Don’t Miss:However, it’s essential to recognize that the share of Americans living in middle-class…
Two years ago, Dodge announced the end of its gas-powered Charger, replacing it with an electric version—the Dodge Charger Daytona. Today, it’s gaining attention and recently won the 2025 Performance Green Car of the Year award, beating popular electric models like the Tesla Model 3 and Hyundai Ioniq 5 N. Dodge Charger Daytona EV (Via Dodge) Dodge’s Electric Move As electric cars grow in popularity, Dodge is joining the shift with the Charger Daytona. Known for its muscle cars, Dodge is using this model to enter the electric world without losing its power and performance reputation. The Charger Daytona stands…
Matson , Inc. (NYSE:) Chairman and CEO Matthew J. Cox recently sold a significant number of company shares, according to the latest SEC filings. The transactions, which took place on September 30, 2024, involved the sale of shares at prices ranging from $142.9376 to $144.55, with the total value exceeding $934,664. The filings indicate that the sales were conducted in multiple trades. Specifically, Cox sold 90 shares at $144.55, 1,560 shares at a weighted average price of $142.9376, and 4,849 shares at a weighted average price of $144.0859. The prices reported for the latter two transactions represent a range, with…