Bloomberg Goldman Sachs Group Inc. banker Jim Donovan is the front-runner to be President-elect Donald Trump’s pick for undersecretary of domestic finance, according to a person familiar with the decision. He’d be the fourth appointee with close ties to the investment bank tapped to serve in the administration. If chosen and confirmed, he would be responsible for coordinating policies ...

  Bloomberg The promise of production cuts from OPEC and its partners sent oil rallying in 2016. Now traders want proof they’re delivering on those vows. It won’t come easy. The challenge: Building a coherent picture from the morass of data that emerges at each step along the process, from the wellheads where the oil is produced, to the tankers ...

  Bloomberg Colder-than-normal weather in Europe may this month bring snow to the region’s pistes and increase energy demand and prices. High pressure will keep temperatures below normal levels, particularly in eastern Europe, according to seven forecasters surveyed by Bloomberg News. Europe’s popular ski resorts in the Alps will have “significant” snowfall after a drought in December, according to Tyler ...