Exxon Mobil CEO’s total compensation increased 52% last year to $35.9 million. The company notched record profits on an oil boom amid Russia’s invasion of Ukraine. Executive-level pay increased along with Exxon’s share price, which surged nearly 80% in 2022. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Surging oil prices amid war in Ukraine helped push Exxon CEO’s pay up more than 50% in 2022
Oil markets could see a supply shock of 2 million barrels a day this year as OPEC and Russia slash production
Global oil markets could see a supply deficit of 2 million barrels a day in the fourth quarter. That’s after OPEC and Russia announced steep cuts to crude production. Meanwhile, oil demand is expected to hit a fresh record high later this year. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Oil markets could see a supply shock of 2 million barrels a day this year as OPEC and Russia slash production
Grieving is hard enough already; banks shouldn’t make it harder
Opening an estate account with the bank shouldn’t come with unnecessary roadblocks Published Apr 12, 2023 • 3 minute read A woman walks past bank buildings in Toronto. Photo by Peter J. Thompson/National Post files I wanted to cry, but I knew I had to do something about this. My mom never allowed us to… Continue reading Grieving is hard enough already; banks shouldn’t make it harder
‘Ask a lot of questions’ before deciding what to do with your tax refund: experts
It’s best to take a hard look at your finances before deciding what to do with your tax refund Author of the article: The Canadian Press Noushin Ziafati Published Apr 11, 2023 • Last updated 15 hours ago • 4 minute read Though it may be exciting to receive a tax refund, experts caution against impulse… Continue reading ‘Ask a lot of questions’ before deciding what to do with your tax refund: experts
Stock Market Today: Stocks Struggle After CPI, Fed Minutes
The latest inflation data sparked a choppy session for stocks Wednesday, with all three major indexes ending in the red. Data from the Bureau of Labor Statistics gave a mixed picture on consumer price growth in March, as the headline Consumer Price Index (CPI) slowed but core CPI, which excludes volatile food and energy prices,… Continue reading Stock Market Today: Stocks Struggle After CPI, Fed Minutes
Rising Prices: Which Goods and Services Are Driving Inflation?
The rate of annual inflation slowed to its lowest level in almost two years in March, the federal government said Wednesday, and yet rising prices continue to take a hefty toll on consumers’ budgets. The goodish news on inflation is that the Consumer Price Index (CPI) for March increased “only” 5% year-over-year, according to the… Continue reading Rising Prices: Which Goods and Services Are Driving Inflation?
March CPI Report: What the Experts Are Saying About Inflation
Headline inflation moderated sharply last month as consumer prices rose at their slowest annual rate in nearly two years. But so-called core inflation proved to be a bit sticky once again, all but ensuring the Federal Reserve will hike interest rates at the next Fed meeting, experts say. The Consumer Price Index (CPI) for March… Continue reading March CPI Report: What the Experts Are Saying About Inflation
US stocks fall as inflation drops in March but traders mull fresh recession concerns
Morgan Chittum Spencer Platt/Getty Images US stocks erased earlier gains to close lowers despite cooler-than-expected March inflation data. The consumer price index increased 0.1% last month compared to estimates of 0.2%. The Fed expects the economy to slip into a recession later this year, meeting minutes show. Loading Something is loading. Thanks for signing up!… Continue reading US stocks fall as inflation drops in March but traders mull fresh recession concerns
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