Wall St slides as chip stocks fall, jobs data fuels hawkish Fed fears
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The Vancouver Jewish Community Centre Gifts 3.3 Acres of Land in the Heart of Vancouver’s Oakridge Neighbourhood
The transaction valued at $0 marks one of Vancouver’s most valuable community gifts Read More
US Hiring Surged in May, Boosting Bets on Fed Rate Hike
(Bloomberg) — US job growth topped all forecasts in May and the unemployment rate held steady at 4.3%, offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring. Read More
Mercuria Lawyers Say Government Deals Got Oil Through Hormuz
(Bloomberg) — Mercuria Energy Group Ltd. has moved oil through the Strait of Hormuz through government-brokered deals, according to legal filings that shine a rare light on how commodity traders are navigating the closely watched waterway during the Iran war. Read More
Trump’s Arctic Refuge Auction to Test Oil Industry’s Appetite
(Bloomberg) — President Donald Trump vowed to reopen Alaska’s Arctic National Wildlife Refuge to oil drilling as he seeks to make tapping the state’s vast natural resources a key part of his energy agenda. Read More
SpaceX IPO Brings ‘Prime Time’ for Advisers Ahead of Wealth Surge
(Bloomberg) — If SpaceX’s IPO goes off as planned, it’ll be a pivotal moment for many of the company’s thousands of employees, who’ll finally be able to sell shares into the public market. Read More
UK Sees Risk of $100 Oil Until 2028 in Worsening Iran Outlook
(Bloomberg) — The UK government has revised its internal oil price forecasts upwards, assessing that crude could stay around $100 a barrel until 2028 even with a US-Iran peace deal because energy flows from the Gulf are now expected to take longer to recover. Read More
Jailed Leader’s Protege Attempts Left-Wing Comeback in Peru
(Bloomberg) — Roberto Sánchez campaigns wearing a traditional farmer’s hat from one of Peru’s poorest provinces, promising to slash the entrenched inequities in the copper-rich nation. Read More