Oil Extends Gains On Demand Recovery Hopes
Oil prices rose over 1 percent on Thursday to extend gains from the previous session, as hopes for an increase in energy demand in key markets offset renewed concerns about a resurgence of coronavirus cases in some countries, especially India.
Brent crude futures for July settlement climbed 1.2 percent to $67.55 per barrel, while WTI crude oil futures were up 1.1 percent at $64.57.
A combination of declining U.S. petroleum product supplies, signs of stronger demand and a brighter outlook for COVID vaccinations buttressed expectations for a revival in global consumption.
Fuel demand is expected to get another boost as China breaks for a five-day May Day holiday starting on May 1.
Investment bank Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months as vaccination rates accelerate.
Three Strikes: Anthony Rizzo’s hilarious strikeout, a sad Mets trend and a call no one understood
There's an old adage around baseball that you never know what you might see when you come to the ballpark. And just when you think you've seen everything, the game will find a way to surprise you.
Phillies star Bryce Harper got hit in the face with a 97 mph fastball in Philadelphia's 5-3 win over the St. Louis Cardinals and had to leave the game, but the slugger posted a video on his Instagram account later in the evening to assure fans "everything feels good."
With a full slate of games on Wednesday, let's see what else stood out.
We have a humorous moment late in a game that was decided far earlier. We have the continuation of a frustrating trend for the undisputed best pitcher in the game right now. And we have an obscure rule resulting in a controversial play that has to be seen to be believed.
No longer an oddity
10 twists that could throw the 2021 NFL draft for a loop
Every year, the underlying assumptions and expectations of the NFL draft prove to be a house of cards.
As soon as a single general manager breaks from popular opinion and makes a surprising pick, the decision has a distinct ripple effect on the rest of the order. Boards shift, team needs change and mock drafts are rendered moot.
At least some degree of certainty seems in store for the first round on Thursday, as the Jacksonville Jaguars look bound to take Clemson quarterback Trevor Lawrence with the No. 1 pick, while the New York Jets are expected to follow with BYU quarterback Zach Wilson. Beyond that, however, there's plenty of room for decision makers to throw things off course.
Here are 10 twist that could throw the 2021 NFL draft for a loop:
The 49ers take anyone other than Mac Jones
Maybe this should be broadened to any action San Francisco takes. After trading three first-round picks to move up to the No. 3 overall selection, there's really no course of action that Kyle Shanahan and John Lynch could take that won't create a stir.
German Consumer Confidence Set To Fall In May: GfK
Germany’s consumer confidence is set to weaken in May as rising cases of infections and the subsequent tightening of restrictions dampened income expectations as well as the economic outlook, survey results from the market research group GfK showed on Wednesday.
The forward-looking consumer sentiment index fell to -8.8 in May from revised -6.1 in April. The score was forecast to improve to -3.5.
“The third wave will ensure that the recovery of the domestic economy is still a long way off,” Rolf Bürkl, GfK consumer expert said. As in 2020, consumption will not be a pillar of the economy this year.
While the propensity to buy increased moderately, economic and income expectations logged significant losses in April.
The income expectations indicator dropped 13 points to 9.3 points in April. The tightening of the lockdown is likely to have reignited unemployment fears and also raised concerns about companies moving into bankruptcy.
In contrast to the income prospects, the propensity to buy has so far been resisting the third wave. The corresponding index advanced to 17.3 points from 12.3 a month ago. This was the third consecutive increase.
The economic expectations index fell to 7.3 points from 17.7 in the previous month. Despite rising exports, weak consumer spending is weighing on economic growth this year.
Donald Trump Is Reportedly Working Out Of A Converted Bridal Suite At Mar-A-Lago
Former President Donald Trump has converted a bridal suite at his Mar-a-Lago resort in Palm Beach, Florida, into his office, CNN reported Wednesday.
“When you see these photos surfacing now of him meeting with candidates and former aides down there, those are actually being taken from the bridal suite above Mar-a-Lago’s ballroom, which is now serving as his office,” reporter Gabby Orr told the network’s “New Day.”
The room was where the bride and their party “would previously get ready if they were getting married” at the resort, Orr added.
Orr, citing unnamed sources at Mar-a-Lago, said “nothing was set up” for Trump or his aides when he vacated the White House and moved to Florida on Jan. 20. He was initially “reluctant to turn it into his office, but ultimately aides said, ‘You need a space to operate at’ and so that became that space.”
The Washington Post reported on the bridal suite-turned-office detail in February.
Trump’s new office “is the Mar-a-Lago Club’s old bridal suite” and he is “working from a repurposed dressing room in Florida,” read an article detailing the economic hit to Trump’s businesses following his presidency.
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