Page 6 - Rian Evans News Today

Natural gas prices fell again on Monday, setting a new 21-month low. Some parts of the East Coast have had near-record stretches of zero snowfall.

"We're trying to operate the controls on some fairly sensitive machinery, in the dark, wearing mittens," Krugman told Bloomberg TV.

Not only are China and India unlikely to buy Russian fuels that were once sold to the EU, they could also export their own fuels to Europe.

CEO Elon Musk predicted this week Tesla will be the most valuable company, implying the stock will surge 323% to $698.

Core PCE increased in December by 4.4% from a year ago, down from November's annual pace of 4.7% and in line with forecasts.

SkyBridge investors asked to withdraw 60% of a top fund's capital in the September 30 redemption period, but it only returned 10%, Bloomberg reported.

The Dow and the S&P 500 gained more than 2% for the week, and the Nasdaq jumped more than 4%.

The price caps would coincide the EU's upcoming ban on refined oil products from Russian that will take effect on February 5.

The share of long-term invested US assets held by active funds will drop to 44% by 2027 from 53% in 2022, according to a report from ISS.

"Tesla's recent price cuts are just the latest sign the EV market may be entering the 'shake-out' phase," Morgan Stanley's Adam Jonas said in a note.