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Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon

31

Aug

Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon

President Donald Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela's proven oil reserves.

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Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

31

Aug

Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.

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Trump says U.S. communities opposing AI data centers could end up 'backwards and poor'

31

Aug

Trump says U.S. communities opposing AI data centers could end up 'backwards and poor'

"China could not be happier with this anti Data Center movement," Trump said as Republicans express concerns about the backlash to data centers.

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Bessent pushes back on Druckenmiller critique of bond intervention

31

Aug

Bessent pushes back on Druckenmiller critique of bond intervention

Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published and that their conversation went "fine."

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Lilly taps obesity windfall for more M&A. Plus, Elon Musk remarks pull GE Vernova lower

31

Aug

Lilly taps obesity windfall for more M&A. Plus, Elon Musk remarks pull GE Vernova lower

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Kalshi permanently bans former GOP Rep. George Santos over illegal trading

31

Aug

Kalshi permanently bans former GOP Rep. George Santos over illegal trading

Former GOP Rep. George Santos, of New York, has drawn fire for allegedly trading on whether he would attend this year's State of the Union address.

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