Chevron Buys Hess for $53B in Major Oil Deal; Stocks Mixed as Treasury Yields Stay High
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Chevron acquiring Hess for $53B, gaining stake in Guyana oil and further cementing U.S. oil dominance
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Equities fall with Dow down 50 points amid busy week of earnings; 10-year Treasury yield stays above 5%
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Auto loan delinquencies hit nearly 3-decade high, signaling financial distress amid high rates
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Olive oil and orange juice prices surging to record highs amid supply disruptions
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Russia raises grain production forecast but global food security concerns persist amid Ukraine war