• Sep 05, 2024

Lula’s Green Fuel Law Favors Farmers Over Oil Giant Petrobras

(Bloomberg) -- New legislation in Brazil is set to support farmers by pushing additional demand toward biofuels — and away from the fossil fuels produced by state-controlled oil giant Petroleo Brasileiro SA. Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatAt its final stages in Congress, the “Fuel of The Future” bill from President Luiz Inacio Lula da Silva’s government creat

  • Sep 05, 2024

Shares and oil stabilise as September storms relent

World share and oil prices stabilised on Thursday after savage starts to September, while the yen climbed to a one-month high and government bond markets rallied, as investors stuck with rate cut trades. The storms, which have wiped off more than $2 trillion from global stock markets and battered commodities, eased just enough to mean Europe's main bourses were able to hold their ground early on after losing nearly 2% in recent days. The Japanese yen, which has surged nearly 2% this week, remained the biggest beneficiary.

  • Sep 05, 2024

How's The Economy Treating You? Depending on Whether You Own Stocks, Your Answer Might Be Very Different

Have you ever noticed that your economic outlook might differ greatly from your neighbor’s? It turns out that if you own stocks, you might be feeling a lot more optimistic than someone who doesn't. Recent data shows that whether or not you're invested in the stock market plays a huge role in how you feel about the economy – and the gap between these two groups is widening. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how man