By Laila Kearney (Reuters) – Oil edged up on Wednesday amid an escalation in the Ukraine war and signs of growing Chinese crude imports, while rising stocks checked overall price gains. futures gained 9 cents, or 0.1%, to $73.40 a barrel by 0003 GMT. U.S. West Texas Intermediate crude futures rose 14 cents, or 0.2%, to $69.53 per barrel. U.S. crude oil stocks were seen rising by 4.75 million barrels
After the 10-year Treasury yield’s rise to high of 4.505% last week from a low of 3.599% in mid-September, technical conditions are overextended, UOB said. Source link
U.Today – In addition to surpassing earlier highs, has reached a critical price level of $92,000, which has strengthened its position in the current bullish cycle. With Bitcoin once again proving its tenacity and growth potential, this milestone instills new hope in the market. A substantial change in market sentiment is indicated by the chart, which shows that Bitcoin has decisively broken above a long descending channel. This breakout is
Crypto Prices Today, November 20: The crypto market experienced mixed sentiment as Bitcoin touched $94K intraday, marking a new all-time high, before settling above $92K. Major altcoins showed negative sentiment, with declines of 2-3% over the last 24 hours. Meanwhile, GOAT and BONK emerged as top gainers, surging 8-13% in the same period. The global crypto market cap dropped by 0.3% in the past day, standing at $3.07 trillion. Total
By Dawn Chmielewski (Reuters) – Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution. The company last month told investors it was evaluating hiving off its cable networks into a separate company owned by Comcast’s shareholders. “We think there could be
By Lidia Kelly(Reuters) – A special hotline in place to deflate crises between the Kremlin and the White House is not currently being used, the… Source link
US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The BBC understands that the plan – set to be announced on Wednesday – is to create a new company that will include channels such as MSNBC, CNBC, USA, E!, Syfy and the Golf Channel. The networks are still
TSA administrator talks holiday travel TSA administrator on anticipated record holiday travel 05:04 Low-cost carrier Frontier Airlines announced it is adding 16 new routes beginning in 2025. The move expands the airline’s service across the United States and Caribbean as one of its budget competitors, Spirit Airlines, contracts service after filing for bankruptcy. The new routes will launch in February and March across 21 different airports, Frontier said Tuesday. The move
Thomas Trutschel | Photothek | Getty Images Bitcoin moved higher Tuesday, at one point breaching $94,000 for the first time, amid rising geopolitical tensions between Ukraine and Russia. The price of the flagship cryptocurrency was last higher by more than 1% at $92,616.00, according to Coin Metrics. Earlier, it rose as high as $94,068.75. Shares of MicroStrategy, which trade as a bitcoin proxy, rose 11.9%. The move follows overnight reports
Investing.com– Oil prices steadied in Asian trade on Wednesday as traders watched for any worsening in the Russia-Ukraine conflict, although signs of a bumper build in U.S. stockpiles weighed on prices. Oil prices marked some gains this week on the prospect of supply disruptions from an escalation in the Russia-Ukraine war, especially after Moscow raised the prospect of nuclear retaliation for Ukrainian strikes. While an outage at Norway’s Sverdrup field
