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U.S. crude oil rises to $73 per barrel after erasing most of 2024 gain
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The Wall Street Journal - World
U.S. Stocks Rise After Latest Inflation Reading
U.S. stocks extended gains after the producer-price index rose 0.2% in August from July, matching expectations.42 minutes ago -
Inc. - Business
Unemployment Claims on the Rise, Minimally
A fairly stable labor market paired with high inflation reduced the chances of the Federal Reserve cutting interest rates by 50 basis points.56 minutes ago -
MarketWatch - Business
Oil settles at highest in a week as Hurricane Francine disrupts Gulf output
Oil futures finished higher Thursday, and turned higher for the week, as Hurricane Francine led to disruptions in U.S. oil and gas production in the Gulf of Mexico, but gains were capped by ...1 hour ago -
The Wall Street Journal - World
U.S. Natural Gas Futures Gain on Modest Inventory Build
U.S. natural gas futures rose to a two-month high, buoyed by a below-estimate storage build and expectations of limited impact on demand from Hurricane Francine.2 hours ago -
MarketWatch - Business
Trump promised his tax cuts would boost wages by $4,000 — but most workers saw few gains, study finds
Inflation-adjusted pay growth rose only 0.09% following passage of the 2017 law.2 hours ago - Donald Trump -
The Wall Street Journal - World
Comex Gold, Silver Settle Higher
Gold settled up 1.6% at a new record high, and silver rose 4.1%, up for a second consecutive session.3 hours ago -
CNBC - Business
U.S. crude oil rises more than 2% as Francine disrupts production in Gulf of Mexico
UBS expects oil prices to continue to rise, at least in the short term.4 hours ago -
Inc. - Business
As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023.5 hours ago - China
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CNBC - Business
Here's the deflation breakdown for August 2024 — in one chart
Consumer prices are falling in pockets of the U.S. economy, in categories such as cars, household furniture and certain groceries.2 hours ago -
CNBC - Business
Three key questions that will shape whether Coach and Michael Kors owners will merge
Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned merger.2 hours ago -
CNBC - Business
Interest payments on the national debt top $1 trillion as deficit swells
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.1 hour ago -
CNBC - Business
Microsoft hires former GE CFO Carolina Dybeck Happe as new operating chief
Carolina Dybeck Happe is joining Microsoft's top leadership ranks after helping GE to bring its aviation and energy businesses public.3 hours ago - Microsoft -
CNBC - Business
Judge tosses two criminal counts against Trump, keeps top charge in Georgia election case
Former President Donald Trump is continuing to challenge a ruling in his Georgia election interference case to disqualify District Attorney Fani Willis.10 minutes ago - Donald Trump