Hi! This is Dan DeFrancesco checking in from New York. For those who observed the high holy day yesterday, here’s hoping your fast went smoothly. Lots on tap today, from oil cuts to CEOs preparing for a potential recession to the guy who just caught a very expensive souvenir. But first, let’s chat about a…
Members of OPEC+ agreed Wednesday to slash crude production in a bid to push oil prices higher. LUDOVIC MARIN/AFP/Getty Images The bank upped its oil price target from $100 a barrel in a recent research note titled ‘OPEC+ takes on the west’. The oil cartel said Wednesday that it would slash crude production in a…
Facebook CEO Mark Zuckerberg. AP Photo/Mark Lennihan Meta has been withdrawing internship offers from London-based recruits. The company has scrapped plans to run its full internship program in the UK this year. Some Meta hopefuls accepted job offers months ago and are being forced to make other plans. Meta has been withdrawing internship offers from…
A file photo of Donald Trump and Herschel Walker. Michael Zarrilli/Getty Images Trump is hesitant to campaign for scandal-hit candidate Herschel Walker, CNN reported. Per The Daily Beast, Walker paid for a woman to have an abortion despite wanting abortions banned. Walker’s own son has criticized his campaign and alleged that he abused his mom….
Russia’s Deputy Prime Minister Alexander Novak. Maxim Blinov/TASS/Getty Images Russia threatened to cut output over a planned US-led price cap on its crude, per Bloomberg. Its deputy prime minister said Russia’s oil production fall to 430 million tons a year. The cap creates a “very bad precedent,” Alexander Novak said, who added it was “unacceptable.” …
Danish military video of bubbles in Baltic Sea resulting from damage to the Nord Stream pipeline. Danish Defense Command The US has considered analyzing underwater audio recordings of the Nord Stream pipelines’ damage, per CNN. It depends in part on the quality of Sweden and Denmark’s sound recordings, sources told CNN. The Navy told CNN…
The dollar will likely continue to be strong with a Federal Reserve pivot off the table, UBS said. SOPA images The surging US dollar faltered this week as hopes grew for a Fed pivot away from jumbo rate hikes. But the Fed is unlikely to start cutting rates, which means the greenback has room to…
Apple today released updated firmware for the MagSafe Charger that is designed to work with the iPhone 12 and later and the AirPods Pro 2. The new firmware is version 10M1821, up from the prior 10M229 firmware. Note that in the Settings app, you’ll see a different version number than the firmware number, with the…
Even Blizzard has admitted that Overwatch 2’s launch has not met anybody’s expectations. In a new post detailing the latest status updates for the game’s rollout, the company has apologized to its players and discussed the lengthy list of issues it’s had to face since the first-person shooter went live. One of the biggest updates…
Uber has signed a 10-year agreement to use autonomous Ioniq 5 EVs from Hyundai’s Motional for ride-hailing and deliveries, the companies announced. The vehicles will be “strategically deployed” in cities around the US and start offering passenger rides later this year. “This agreement will be instrumental to the wide scale adoption of robotaxis,” said Motional…