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U.S. President Joe Biden speaks to reporters after disembarking from Air Force One en route to Camp David at Hagerstown Regional Airport, Hagerstown, Maryland

Investors to focus on buybacks, billionaire tax in Biden speech

U.S. President Joe Biden will likely put taxes and corporate stock buybacks squarely in investors' focus during Tuesday night's State of the Union address as part of his push to restructure the world's largest economy to be less favorable to the very wealthy.
Pump jacks operate at sunset in an oil field in Midland

Oil rises on supply concerns, China demand outlook brightens

Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China, the world's biggest importer, looks set to increase.
Signage is seen at a Shell petrol station in London

Shell 2022 profit more than doubles to record $40 billion

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia's invasion of Ukraine allowed it to hand shareholders unprecedented returns.