U.S. Crude Oil Inventories Drop by Most on Record

U.S. Crude Oil Inventories Drop by Most on Record The decline of 17.8 million barrels brings crude inventories to the lowest levels in nearly a year, according to data from EIA.
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Stellantis to Develop Cars With Jaguar Land Rover for U.S.

Stellantis to Develop Cars With Jaguar Land Rover for U.S. CEO Antonio Filosa has flagged that partnerships will be a key pillar of the company’s strategy going forward.
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Oregon Voters Reject Gas Tax Increase as Prices Soar

Oregon Voters Reject Gas Tax Increase as Prices Soar Democrats had raised the state gas tax by 6 cents a gallon. Republicans responded by launching a referendum campaign to refer the tax and fee increases to voters.
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Lowe’s Reports Modest Sales Gain, Affirms Full-Year Forecast

Lowe’s Reports Modest Sales Gain, Affirms Full-Year Forecast Lowe’s kept its full-year outlook unchanged in the face of higher transportation costs and a muted housing environment.
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UN Lowers Forecast for Global Economic Growth in 2026

UN Lowers Forecast for Global Economic Growth in 2026 U.N. economists said global GDP growth is now forecast at 2.5% for 2026, down from 2.7% in January, and it could fall to only 2.1% “in a more adverse scenario.”
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Target Posts Strongest Sales Growth in 4 Years

Target Posts Strongest Sales Growth in 4 Years New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.
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