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(The Center Square) – Domestic oil production in the U.S. reached a new record in November of 2023, hitting 13.31 million barrels per day, according to data from the U.S. Energy Information Administration. The previous record was 13.25 million barrels per day. That was set in September 2023. Production of crude oil in the U.S. […]

(Bloomberg) — European equity futures edged up after the S&P 500 closed at a new record high Friday amid optimism over eventual Federal Reserve interest-rate cuts. Trading levels in Asia were muted with a swath of markets shut for Lunar New Year holidays. Most Read from Bloomberg Contracts for the Euro Stoxx 50 index show […]

Abnormally warm weather has swelled over the central and northern states this week, setting hundreds of records. Now some of this warmth is oozing toward the East Coast. Already, at least 350 warm-weather records have fallen and two more days of springlike warmth are on the way from the Great Lakes to . . .

The S&P 500, a broad-based index of stocks, broke above 5,000 for the first time ever. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images The S&P 500, a broad-based index of stocks, broke above 5,000 for the first time ever. Spencer Platt/Getty Images Stocks are on a record-setting run. For the first time […]

Artistic contributions open window to historical experience This is the first of four African American history and culture articles during February, Black History Month. Angelita D. Reyes is the founder and executive director of Literacy InterActives, Inc., a 501(c)(3) and sponsor of the Parker Sydnor historic preservation project located in Mecklenburg County. For more on […]

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s board of directors and had short-changed the company’s […]

Since Tuesday, record amounts of fog have blanketed the Lower 48 states, lowering visibility, disrupting flights, causing vehicle accidents and even delaying schools. At least two decades have passed since the United States was this foggy.

(Bloomberg) — Stocks saw small gains while still closing at fresh records, with traders weighing strong economic signals and prospects for corporate profits amid warnings that the market has run too far, too fast. Most Read from Bloomberg Equities are shaking off a rocky start to the year on bets the Federal Reserve will cut […]

Bloomberg’s Lu Wang is out with a great story this morning chronicling the challenges facing active managers in an environment where a few megacap companies are powering the index to record highs. The basic problem is basic math — with the “Magnificent . . .

Early Black Friday sales data pointed to a healthy start to the holiday shopping season—at least online. Despite industry expectations for slowing retail sales growth overall this year, Adobe said Black Friday online sales in the U.S. reached a record $9.8 billion, a 7.5% year-over-year increase. The analytics firm expects . . .


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