Futures Movers Oil Prices End Higher on Middle East Supply Worries Signs of Stronger Chinese Demand
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Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Middle East Crisis: U.S. and 17 Other Nations Call on Hamas to Release Hostages
“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the leaders said in a joint statement.The New York Times - World -
Pope Francis talks Ukraine, Middle East in exclusive interview
In an exclusive interview with "CBS Evening News" anchor and managing editor Norah O’Donnell, Pope Francis discusses the wars in Ukraine and Gaza and calls for negotiating peace.CBS News - Top stories - Ukraine -
Pope Francis talks Ukraine, Middle East in exclusive interview
In an exclusive interview with "CBS Evening News" anchor and managing editor Norah O’Donnell, Pope Francis discusses the wars in Ukraine and Gaza and calls for negotiating peace.CBS News - World - Ukraine -
Middle East Crisis: U.S. Won’t Suspend Aid, for Now, to Israeli Unit Accused of Abuses
Secretary of State Antony J. Blinken said the United States is working with Israel to address charges against the unit, which has been accused of human rights violations in the West Bank.The New York Times - World - Israel -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
Why middle-tier retailers are suffering as high and low-price stores thrive
The once-popular clothing store Express filed for bankruptcy along with the arts and crafts retailer JOANN. They're just the latest middle-tier retailers to suffer as demand for high-end and budget stores grows. Jordyn Holman, business and retail ...CBS News - Top stories -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Manchester City’s well-oiled winning machine shows no sign of exhaustion
Pep Guardiola’s complaints about his team’s tiredness were hard to believe as they strolled to victory against Brighton. It had been tempting to wonder if some kind of elaborate gag was taking place when the Brighton fan and noted stamina ...The Guardian - World -
Middle East crisis live: US and other countries link ‘immediate ceasefire’ to hostages’ release
White House releases joint letter signed with 17 other countries saying such a deal would lead to the ‘credible end of hostilities’. Here are some of the scenes in Jerusalem, where people, including Israeli interior security minister Itamar ...The Guardian - World -
Middle East crisis live: it could take 14 years to clear Gaza Strip of rubble and unexploded bombs
War has left estimated 37m tons of debris in area, requiring years of work with ‘100 trucks’, says UN official. See all of our Israel-Gaza war coverageA premature Palestinian infant, rescued from her mother’s womb by an emergency caesarean section ...The Guardian - World -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - Business -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.MarketWatch - Business -
Affordable senior housing faces crisis-level demand and scarce supply: 26,000 applications for 84 units
“It’s one of the worst environments of housing availability.”MarketWatch - Business -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Comex Gold Settles Higher, Silver Falls
Gold settled up 0.2% Friday, while silver fell 0.4%. For the week, both metals posted a loss.The Wall Street Journal - World -
Ukraine used longer-range ATACMS missiles secretly provided by the U.S. against Russian forces east of Berdyansk shortly before Biden signed a law that includes money for more of those weapons.
Ukraine used longer-range ATACMS missiles secretly provided by the U.S. against Russian forces east of Berdyansk shortly before Biden signed a law that includes money for more of those weapons.The Wall Street Journal - World - Ukraine -
The Business of Building a Better Future
A new book from the world's most admired design firm tackles the big question of how built spaces can address the world's most critical problems--and in so doing, offers a key lesson for entrepreneurs.Inc. - Business -
Is the U.S. in the middle of two Cold Wars?
It's been nearly 35 years since the Cold War ended, but the author of a new book argues not only is the U.S. facing a new Cold War -- it's facing more than one. David Sanger, author of "New Cold Wars," joins CBS News to explain.CBS News - Top stories -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
Macron, Battling Far Right at Home, Pushes for Stronger E.U.
In a major speech, France’s president returned to a familiar theme, warning that “Our Europe is mortal” if it does not become more self-sufficient.The New York Times - World -
Macron, Battling Far Right at Home, Pushes for Stronger E.U.
In a major speech, France’s president returned to a familiar theme, warning that “Our Europe is mortal” if it does not become more self-sufficient.The New York Times - Top stories -
Biden needs to give Putin something to worry about
Anything would be more persuasive than Biden's "don't."The Hill - Politics - Joe Biden -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
The mysterious disappearance of a Chinese academic
What became of famed Uyghur academic Rahile Dawut?Financial Times - World