Climate & Energy Vienna OPEC+ Meeting: Discussions of potential prodcution cuts loom large As OPEC+ members meet in Austria over the weekend, some analysts believe further cuts are likely.
Analysis/Data US Consumer Data reveals strong April growth, surpassing expectations and increasing likelihood of further rate hikes
Tech As China imposes fresh restrictions on US chip manufacturer Micron Technology, Chinese chip stocks rally
Politics & Policy The likelihood of US credit downgrade increases as negotiations falter while Biden attends G-7 in Japan
Tech NASA selects Bezos’ Blue Origin for lunar lander provider on heels of upcoming public meeting on Unidentified Aerial Phenomena (UAP)
Climate & Energy/Politics & Policy New EV tax credit rules aren’t exactly what consumers were hoping for, but advocates say it’s a step in the right direction
Analysis Inflation has peaked, but frustration hasn’t Most economists agree that inflation has peaked and recession is all but inevitable. The question is now whether the soft landing can materialize the way the Fed envisioned.
Health US Judge halts J&J talc cancer lawsuits as litigation costs soar for company A U.S. judge has halted Johnson & Johnson talc cancer lawsuits in a major win for the corporation and a setback for plaintiffs.
SEC Filing: ExxonMobil claims achieving net-zero emissions by 2050 “highly unlikely” due to degradation in standard of living required
Despite suspicions OPEC+ would increase output after the US midterm elections, production levels remain unchanged