Trading Day: Fed hopes fire risk rally

In Today’s News

Chevron to spend up to $19 billion next year in focus on US, Guyana oil production

HOUSTON, Dec 3 (Reuters) – Chevron said on Wednesday that capital expenditure for 2026 will be between $18 billion and $19 billion as the oil major focuses on production in the U.S. and investments connected to a recently-acquired oil stake in Guyana.The range is at the low-end of previous guidance that pu …

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Data supports current US policy of hepatitis B vaccine for newborns, as officials push for change

CHICAGO, Dec 2 (Reuters) – An independent review released on Tuesday by vaccine experts of more than 400 studies and reports found that long-standing U.S. policy of giving the hepatitis B vaccine to newborns has cut infections in children by more than 95%.The policy, adopted in 1991, will be discussed and vot …

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Featured Article

Rivian to recall nearly 35,000 US delivery vans over seat belt issue

Rivian said it was not aware of any incidents or injuries related to this issue in any market. The recall affects certain 2022-2025 EDV models. The U.S. auto regulator had opened a preliminary probe into Rivian’s 17,198 electric delivery vans in September after complaints of cables that frayed, broke, or unra …

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Other Headlines

Trading Day: Fed hopes fire risk rally

ORLANDO, Florida, Dec 3 (Reuters) – Stocks rose while U.S. bond yields and the dollar fell on Wednesday, after surprisingly weak private sector jobs data increased the likelihood that the Federal Reserve will lower interest rates again next week. More on that below. In my column today, I look at China’s seemi …

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The Visionary Who Predicted the iPhone 17 Years Ahead Unveils His Insights [sponsor]
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Paramount raises breakup fee in Warner Bros bid to $5 billion, Bloomberg News reports

The sum would be paid to Warner Bros if a deal is agreed to but not consummated, the report said, in a sign that Paramount has confidence its proposed merger would pass muster with regulators.Paramount Skydance and Warner Bros Discovery declined to comment on the report.Warner Bros Discovery received a second …

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SEC halts review of highly leveraged ETF plans, citing risk exposures

Dec 3 (Reuters) – The U.S. securities market regulator has paused the review of proposals for new highly leveraged exchange-traded funds from several fund managers and sought more clarity on the risks tied to the products.In its warning letters sent to nine ETF providers including Direxion, ProShares and Gran …

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Stocks gain, US yields drop as markets weigh likely Fed rate cut

NEW YORK, Dec 3 (Reuters) – Global shares rose while U.S. Treasury yields fell after weak economic data solidified expectations of a Federal Reserve interest rate cut.Wall Street’s main indexes finished higher, with energy, financials and industrials stocks topping gains while technology and utilities shar …

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Boeing CFO expects higher jet deliveries, positive cash flow next year

Dec 2 (Reuters) – Boeing expects positive cash flow in 2026, lifted by higher deliveries of its commercial jets,  the company’s finance chief said on Tuesday, sending the U.S. planemaker’s shares up 10%.Boeing has been trying to improve its image and win a race for narrow-body plane orders with Airbus unde …

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