There’s yet another sign that India’s push to quickly expand its corporate debt market is faltering, as borrowers turn more to banks already struggling with one of the world’s worst bad debt ratios.

OPEC is poised to extend oil-output cuts for the rest of the year when its members meet next month to assess supply and demand for crude.

Gold surged to the highest in more than five years after the U.S. Federal Reserve indicated a readiness to cut interest rates.

Gudrun Asta Gunnarsdottir found herself at ground zero of Iceland’s latest crisis. Four months into her second pregnancy, the 33-year-old check-in desk operator was told she was one of 315 workers being laid off at Reykjavik’s international airport.

Oil recovered to trade above $54 a barrel after a report showing a decline in U.S. crude supplies and record gasoline consumption and OPEC and its allies agreed an early July date to discuss extending production cuts.

Here are some of the things people in markets are talking about today.

PG&E Corp., the California utility giant that went bankrupt in January amid crippling wildfire liabilities, has permanently retired the transmission line that sparked the deadliest fire in state history.

Jerome Powell just suffered his first dissent since becoming Federal Reserve chairman and the opposing vote was cast by reliable policy dove James Bullard.

An unexplained “avian incident” triggered a fire at one of California’s biggest solar farms, affecting 1,200 acres and knocking out 84% of the California Valley Solar Ranch’s generating capacity.

The CEO of the Crown corporation building the Trans Mountain pipeline expansion says shovels could be in the ground by September following cabinet approval Tuesday of the long-delayed project.