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The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines. Inglewood Oil Field owner Sentinel Peak argues in the lawsuit, filed this week, that the law, which was signed in September by Gov. Gavin Newsom, is unconstitutional, the Los Angeles Times reported Thursday. It is was one of several laws aiming to reduce pollution by giving local governments more authority to restrict oil and gas operations by shutting down so-called idle wells, which are not in use but have not been properly sealed and closed, and fining companies for operating low-producing oil wells in the Inglewood field.

UltraShort Bitcoin ETF Offering 2x Inverse Returns Sees Record Volume as BTC Holds Above $90K

UltraShort Bitcoin ETF Offering 2x Inverse Returns Sees Record Volume as BTC Holds Above $90K

UltraShort Bitcoin ETF Offering 2x Inverse Returns Sees Record Volume as BTC Holds Above $90K

If you’re on the hunt for today’s best money market rates, we’ve narrowed down some of the top offers. Learn more about money market account rates today and how to open an account.

We have a quick roundup of the top crypto headlines from Thanksgiving week! Major updates include the XRPL’s listing on Dexscreener, a dip in Bitcoin ETF inflows, and some big moves from Trump and Tron founder Justin Sun. Also, Morocco is preparing to unban crypto, and Solana and Coinbase’s Base network are setting new records. Meanwhile, Avalanche launched its largest upgrade, and Chainlink continues to play a crucial role in DeFi and tokenization.

Large-cap U.S. stocks have outperformed virtually all comers over the past 15 years. According to some of the world’s largest investment banks, that is unlikely to change in 2025.

(Reuters) -Oil prices ticked up on Thursday after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had been violated, and as Israeli tanks fired on south Lebanon. OPEC+ also delayed by a few days a meeting likely to extend production cuts. Brent crude futures edged up by 34 cents, or 0.5%, to $73.17 a barrel by 2026 GMT.

(Bloomberg) -- Oil held steady as trading thinned during the US Thanksgiving holiday, with the market looking ahead to an upcoming OPEC+ meeting that has been delayed until Dec. 5. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasWest Texas Intermediate was little changed below $69 a barrel in a choppy session, while global benchmark Brent traded abov

Dell shares dropped 12%, while mega-cap giants Nvidia, Meta, and Microsoft all ended lower. The stock market will be closed Thursday for Thanksgiving.