ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPaul Sankey, Sankey Research president & lead analyst, joins ‘Fast Money’ to talk oil prices, the state of the energy sector, OPEC+, and more.10:00Mon, May 5 20255:46 PM EDT Source link
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A Rite Aid store in Kingston, New York, on May 15, 2023.Angus Mordant | Bloomberg | Getty ImagesPharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing.Pharmacy chains, such as Rite Aid, Walgreens and CVS, have been under pressure as falling drug margins and competition from Walmart and Amazon have led to the closure of hundreds of stores.Walgreens, facing significant losses, recently agreed to a $10 billion buyout by private equity firm Sycamore Partners – a dramatic decline from its $100 billion valuation a decade ago, underscoring…
The United Nations’ top court on Monday dismissed a case accusing the United Arab Emirates of fueling genocide in Sudan by supporting paramilitary forces in the country’s ongoing civil war. The court said it “manifestly lacks jurisdiction.”The International Court of Justice did not rule on the allegations made by the Sudanese government, but by a 14-2 vote, it declined to issue the provisional emergency measures against the U.A.E. that Sudan had requested. By a 9-7 vote, it officially removed the case from its docket, according to a summary of its decision.Both Sudan and the Emirates are signatories to the 1948…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyPaul Sankey, Sankey research president & lead analyst, joins ‘Fast Money’ to talk oil prices, the state of the energy sector, OPEC+, and more.05:315 hours ago Source link
U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025.Leah Millis | ReutersPresident Donald Trump on Monday signed an executive order to incentivize prescription drug manufacturing in the U.S., streamlining the path for pharmaceutical companies to build new production sites stateside as potential tariffs on imported medicines loom.The order directs the Food and Drug Administration to reduce the amount of time it takes to approve manufacturing plants in the U.S. by eliminating unnecessary requirements, streamlining reviews and working with domestic drugmakers to “provide early support before…
The El Capitan Theatre’s marquee promoting the new Marvel film ‘Thunderbolts’ on May 2, 2025 in Hollywood, California, U.S.AaronP | Bauer-Griffin | Getty Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre, taking its place beside the head-scratching formula his administration used to determine the level of tariffs.Trump didn’t share details of how the tariff would work — or if it would actually be implemented — but the mere announcement of the levy was enough to bring down shares of entertainment…
The ‘Fast Money’ traders talk the impact of falling oil prices on the markets. Source link
Richcano | E+ | Getty ImagesFor many Americans, a Social Security number is the first form of identification they receive, mailed as a paper card a few weeks after birth.Now, the Social Security Administration is looking to give that form of ID an update by enabling secure digital access to Social Security numbers that will provide an alternative to the traditional Social Security card. Experts are cautiously optimistic about the idea, but have some security concerns.The new digital feature will allow individuals who have either forgotten their Social Security number or who have lost their Social Security cards to access…
Demonstrators gather to protest on Presidents’ Day for the NC Supreme Court race in which Judge Griffin attempted to invalidate more than 65,000 ballots in Charlotte NC, United States on February 17, 2025. Anadolu | Anadolu | Getty ImagesDisputed ballots in the still unresolved 2024 race for a North Carolina Supreme Court seat must remain in the final count, a federal judge ruled late Monday, a decision that if upheld would result in an electoral victory for Democratic incumbent Allison Riggs.U.S. District Judge Richard Myers agreed with Riggs and others who argued it would be a violation of the U.S. Constitution to carry out recent…
The bodies of 13 gold miners were found in an underground shaft at a site operated by Peru’s largest gold-mining company, President Dina Boluarte said on Monday, in a region that has seen growing conflict over access to ore in recent years.As the price of gold has climbed to record highs, small-scale mining has expanded in Peru, while the mining concessions of the Peruvian company, La Poderosa, in Pataz Province in the northern part of the country, have become a hotbed of illegal gold mining and the site of deadly clashes.The bodies were found on Sunday, according to Ms. Boluarte.…
