You heard him. On Monday, oil futures rallied to a two-month high ahead of today’s June contract expirations.
Refresher: Oil futures = financial instruments that let investors buy “abstract oil.” When futures contracts expire, they get converted into IRL oil.
Nightmare flashbacks
When May...
Bully, I have been meaning to ask this since pics of you dropping in wherever you want to in this plane. How are you able to just fly any path and randomly land on any body of water? No flight plan needed? And I would be nervous as hell dropping down on a river full of civilians running around.
But...they are finally here. The big three Detroit automakers—GM, Ford, and Fiat Chrysler—are restarting production at many U.S. factories today. In total, roughly 133,000 auto employees will head back to work by the end of this week, the AP estimates.
Some familiar caveats are in order:
The...