STOCK MARKET NEWS: Railroad agreement, futures rise, Disney could shakeup streaming services

It looks like what would have been a crippling strike by workers at freight railroads has been avoided.

During marathon negotiations early Thursday morning, talks were taking place with three remaining unions. Analysts and traders say wholesale gasoline prices are expected to keep falling in coming months as U.S. refiners overproduce fuel to try to rebuild low stocks of diesel and heating oil.Oil steady as market weight weak demandOil prices remained steady on Thursday as the market balanced weak demand with supply disruption ahead of a potential rail stoppage in the United States.Brent crude futures were around $93.00 a barrel.

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Walt Disney Co.'s ESPN will raise the price of its streaming service by 43% next month, betting that it can help cover the escalating cost of sports rights without losing subscribers who are grappling with soaring inflation. Gabby Jones/Bloomberg via Getty Images

Viewers must toggle between different apps on their smartphones, televisions and other devices to watch content on each service. However, to do that Disney must take full ownership of Hulu, which is now one-third owned by Comcast Corp.’s NBCUniversal.

Another Biden win

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Ross: No words for Dow stocks dropping 1,200 points, only lyricsI’m sure stocks will recover -- they always do -- but seeing that 4-digit drop yesterday, it was time to dig out this timeless track from my 1997 Album “News In The Key of C,” a sad ballad that’s as true now as it was 25 years ago: Bidenflation No words? Really? How about Bidenflation? Maybe Let's go Brandon?
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