Are they just out to make a quick buck? A growing political backlash is taking form in Europe as deep-pocketed hedge funds and private equity groups continue to buy up companies and sell off their parts.
The price of oil has shot up over $63 a barrel, the highest this year. And given the current political landscape and reduction in global inventories, we can probably expect prices above $60 for the foreseeable future.
Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.