Energy Giants Are Betting Billions on a World of Longer Oil Routes
XRG is reportedly considering buying up to 50% of $3-billion Energos Infrastructure. Shipowners are simultaneously ordering VLCCs at a record pace, with 164–217 orders »
Treasury Yields of 2 Years & 3 Years Spike toward 5%, but 10-Year Holds at 5%, Yield Curve Bulges: Some Thoughts on What’s Brewing
The 3-year Treasury yield spiked by another 14 basis points this week – the week of the Fed’s hawkish rate hike – and by 56 basis »
Wendy’s franchisee files for Chapter 11 bankruptcy protection as burger chain struggles
Meritage Hospitality, one of Wendy’s largest U.S. franchisees, filed for Chapter 11 bankruptcy protection. The filing comes as the burger chain has struggled to »