George Soros Hands Control of His Open Society Foundations to a Son

Oil prices have not benefited from last week's production cut by Saudi Arabia. Prices appear to be reflecting greater concern over higher interest rates and recession Goldman Sachs had been one of the most bullish banks on oil but now the firm has cut its forecast. George Soros is handing control of his open society foundations to one of his sons we get that story from Bloomberg's Denise Pellegrini.