) formally launched its new share buyback program, with the Swiss pharmaceutical giant set to spend up to CHF 10 billion repurchasing its shares over the next three years.Oil prices edged lower Monday, giving up earlier gains following a Reuters report that the Biden administration will approve a major oil drilling project in Alaska.
The project is expected to produce about 600 million barrels of oil equivalent over its life, peaking at 180,000 barrels of oil per day, ConocoPhillips said on its website. Crude prices had benefited earlier Monday from the drop in the U.S. dollar on the raised expectations that the Fed will temper its monetary tightening policy going forward., which tracks the greenback against a basket of six other currencies, fell to two-week lows, making oil cheaper for holders of other currencies.
Scare tactics. Don’t panic. Be smart with your money. The Simpsons predicted this too. Stay the course.
Lmao
$coin $gold 😊
The time of extreme fear is now.
Don't joke about the economy with interest. Whether interest rates are low or high, the economy crashes and companies go bankrupt. unemployment is rising, poverty is rising. Do not rely on interest. Interest is the enemy of the economy
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carl Icahn quotes about trading stocks, bad bosses, activist investingCarl Icahn warned against trading stocks, railed against bad bosses, and revealed what drives him in a recent documentary. Here are his 12 best quotes. “The wealth gap between the very rich and the very poor is getting wider and wider. “ Carl Icahn. Net Worth $17.5B. This man is nobodies friend but his own greed. (If his worth is in charities, not-for-profits or philanthropic ventures, let me know.)
Source: BusinessInsider - 🏆 729. / 51 Read more »