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06/05/2025
Crude oil and Brent oil both fell by about $0.8 in the short term, with prices at $56.47 per barrel and $59.70 per barrel, respectively.
Latest
4 m ago
OpenAI founder Sam Altman: We believe this is the best way to fulfil our mission, as well as the best way for people to use these new tools to create immense benefits for each other. We hope our nonprofit organization becomes the largest and most effective nonprofit organization in history, focusing on harnessing artificial intelligence to create the most beneficial outcomes for people.
5 m ago
Houthi armed forces: Israel and the United States carried out at least 48 air strikes in the Yemeni province of Hodeidah.
5 m ago
J.P. Morgan: Several companies are selling commercial paper to increase cash.
5 m ago
J.P. Morgan strategist said that due to the economic uncertainty caused by the Trump administration's tariff policies, companies are seeking to enhance liquidity. In April, there was a significant increase in the issuance of short-term debt by companies. The J.P. Morgan strategist team, led by Teresa Ho, cited data from the Depository Trust & Clearing Corporation (DTC) indicating that the issuance of non-financial commercial paper last month increased by $100 billion, higher than the average of $27 billion per month from 2019 to 2024 (excluding 2020). The spread between the highest-rated notes (known as primary bonds) and treasury bonds reached its highest level since August 2022. The spread between lower-rated notes (known as secondary bonds) reached its highest level since June 2023.
8 m ago
OpenAI: A profit-making company will transform into a non-profit company.
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