Deira Trading Company

These maps show the oil and gas infrastructure in Francine’s path

Oil took a hit on Tuesday, with U.S. and global benchmark prices dropping to their lowest levels in more than two and half years as demand worries took center stage, but global supplies may soon take the spotlight as a potential hurricane churns in the Gulf of Mexico.

After success in Paris, Los Angeles looks to elevate Olympic Games in 2028

Karen Bass, Mayor of Los Angeles, waves the Olympic flag as Thomas Bach, President of International Olympic Committee, applauds during the Closing Ceremony of the Olympic Games Paris 2024 at Stade de France on August 11, 2024 in Paris, France. Carl Recine | Getty Images Sport | Getty Images After a successful 2024 Olympics and […]

Growth expected after 2024 election

As presidential nominees Vice President Kamala Harris and former President Donald Trump prepare to face off in their first debate Tuesday night, voters will be tuning in for clarity on their plans to handle issues including the economy, inflation and job growth. One sector that faces particular uncertainty after the election is clean energy, which […]

Federal Reserve unveils new banking regulation in Wall Street victory

A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the largest institutions will be forced to hold. Introduced in July 2023, the regulatory overhaul known as the Basel Endgame would have boosted capital requirements for the world’s largest […]

Southwest Chair Kelly to step down next year amid Elliott fight

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines executive chairman and former CEO Gary Kelly said Tuesday that he will retire next year, a move that comes as the carrier faces pressure for changes by […]

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