Joining me today are William Pate, President and Chief Executive Officer; Will Monteleone, Chief Financial Officer; and Joseph Israel, President and Chief Executive Officer of Par Petroleum. Before we begin, note that our comments today may include forward-looking statements.
The euro area benchmark Bund yield hit its highest in almost five months on Friday as demand for safe-haven assets receded, while investors reduced their bets on European Central Bank interest rate cuts after recent robust U.S. data. Markets now see fewer than three 25 basis point (bps) ECB rate cuts in 2024. Forwards on ECB euro short-term rates (ESTR) on Friday implied 72 bps of monetary easing from 85 bps early this week.
The U.S. Environmental Protection Agency will temporarily expand sales of higher-ethanol blends of gasoline this summer in an effort to reduce potential supply disruptions amid ongoing conflicts in Ukraine and the Middle East, it said in a letter dated Friday. The decision marks the third consecutive year the administration has lengthened the period during which Americans can keep buying E15, a gasoline that uses a 15% ethanol blend. Adding ethanol to gasoline is known to increase smog pollution in hot weather, but research has shown little difference between E15 and the more-widely available E10 blends.
TORONTO — Canada's main stock index was up nearly 100 points in late-morning trading, helped by strength in the utility and energy stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was up 97.10 points at 21,805.54. In New York, the Dow Jones industrial average was up 151.65 points at 37,927.03. The S&P 500 index was down 18.02 points at 4,993.10, while the Nasdaq composite was down 164.45 points at 15,437.05. The Canadian dollar traded for 72.83 cents US compared with 72.6
President Volodymyr Zelenskiy told NATO members on Friday that Ukraine needed a minimum of seven Patriot or other high-end air defence systems to counter Russian air strikes, exhorting them to step up their military assistance for Kyiv. In an emotional speech by video link to the NATO-Ukraine Council, the Ukrainian leader described the current level of foreign aid as "very limited" and said Israel had not been left to fend for itself during Iran's massive air strike on Saturday.
Boris Johnson has breached Government rules by being “evasive” about his relationship with a company that set up a meeting between him and Venezuela’s president, the business appointments watchdog has said.
As part of a push by the International Olympic Committee to embrace artificial intelligence (AI) in Paris, the Games' broadcaster is stepping up its use of the technology -- but not without concerns about the risk of "deepfakes". Olympic Broadcasting Services (OBS), which produces the live television, radio and digital coverage of the Olympic and Paralympic Games that is then sold to clients, first began using AI at the PyeongChang Winter Games in 2018. "In Paris we will take this to a completely different level," Yiannis Exarchos, OBS chief executive, told Reuters at an event in London on Friday to discuss the role AI will play at the Paris 2024 Games.
Triumph Financial, Inc. (NASDAQ:TFIN) Q1 2024 Earnings Call Transcript April 18, 2024 Triumph Financial, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Luke Wyse: Good morning. It’s 9:30 in Dallas, so let’s get started. We know you likely have numerous […]
Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.
Maker hopes solein, protein grown with CO2 and electricity, will cut environmental impact of farming
How would you handle early retirement? Instead of having years of investment and growth left, what if you had to start living on your retirement accounts tomorrow? More importantly, what if you had no choice in the matter? A financial advisor can help you prepare for life’s curveballs, including forced retirement. Find a fiduciary advisor […] The post Study Says 40% of Workers Forced Into Early Retirement: Here’s How to Stay Ahead of the Curve appeared first on SmartReads by SmartAsset.
If one image could epitomise how the Duchess of Sussex wishes to be seen now, it’s the portrait that her friend Kelly McKee Zajfen posted on her Instagram account on Wednesday evening. In the shot, Meghan can be seen sitting cross-legged beside Zajfen and another friend, Abigail Spencer in a leafy, sun-dappled garden.
Singer’s cause of death is not yet known
The U.S. population is approaching a landmark sometimes called Peak 65, the point next year when more than 12,000 people will start turning 65 each day, hitting an estimated total of 4 million for the year, according to U.S. Census Bureau figures. By the end of 2030, all Baby Boomers – those born between 1946 and […] The post More Than 12,000 Americans Will Turn 65 Every Day in 2024. Are You Ready for Retirement? appeared first on SmartReads by SmartAsset.
A retirement income of $2,500 a month will pay for a comfortable and secure lifestyle in many places in the United States. While there are pros and cons to living in any location, here are six cities where $2,500 can stretch to cover the monthly living expenses for many retirees and some information about what […] The post Where Can I Retire on $2,500 a Month? appeared first on SmartReads by SmartAsset.
NATO allies on Friday agreed to provide Kyiv with additional air defence systems, NATO chief Jens Stoltenberg said after a special meeting of allied defence ministers with Ukrainian President Volodymyr Zelenskiy. "In addition to Patriots, there are other weapons that allies can provide, including (the French system) SAMP/T, and many others, who do not have available systems, have pledged to provide financial support to purchase them for Ukraine," Stoltenberg told reporters in Brussels.
I lost my job last year and need to take care of a parent. In doing that, I must withdraw money from my retirement. I don't understand the tax implications and penalties. I would also like access to any savings … Continue reading → The post Ask an Advisor: I lost My Job. Can I Tap Retirement Accounts Without Penalties? appeared first on SmartAsset Blog.
Dave Ramsden said the UK is no longer an ‘outlier’ but a ‘laggard’ when it comes to its inflation performance.
The International Olympic Committee on Friday set the wheels in motion for how artificial intelligence could transform the sporting landscape
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The House of Representatives overwhelmingly voted to advance the process of passing a large foreign aid package before a final debate and vote set to take place on Saturday. The foreign aid package passed the procedural hurdle by a margin of 316 to 94. A total of 165 Democrats chose to back the rule put forward by Republican Speaker Mike Johnson – 151 Republicans also voted in support of the rule.
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