Latest in U.S. crude oil falls more than 4%, closes at lowest level since December to erase 2024 gains
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U.S. crude prices fall more than 4% as Israel is not expected to strike Iran's oil industry
The International Energy Agency said Tuesday that its members are prepared to take action if there is a supply disruption in the Middle East.Business - CNBC - October 15 -
U.S. crude prices fall more than 4% as Israel is not expected to strike Iran’s oil industry
U.S. crude futures fell more than 4% on Tuesday, after Israel reportedly told the U.S. that it is not planning to strike Iran’s oil facilities, relieving fears that a major supply disruption in the ...Top stories - NBC News - October 15 -
U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel
Traders increasingly view a supply disruption in the Middle East due to Israel-Iran tensions as unlikely.Business - CNBC - October 22 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Oil prices end higher on surprise fall in U.S. crude supply, rise in gasoline demand
Oil futures finished higher Wednesday, with official U.S. data showing a surprise decline in crude supplies in the latest week and strength in gasoline demand, prompting prices to post their first ...Business - MarketWatch - October 30 -
U.S. crude oil rebounds nearly 2% after selling off last week
Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.Business - CNBC - October 21 -
Private equity management fees fall to lowest level since records began
Fund managers are fighting to secure investors’ money in a tough environmentBusiness - Financial Times - October 22 -
Illegal border crossings fall to lowest level since 2020
U.S. Customs and Border Protection has confirmed previous CBS News reports that illegal border crossings have reached the lowest point of Biden's presidency. CBS News national correspondent Omar ...Top stories - CBS News - October 22 -
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issueWorld - Financial Times - October 23 -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
Job openings in the U.S. fall to the lowest level in 3½ years
U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.Business - MarketWatch - October 29 -
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.Business - CNBC - October 29 -
Gaza aid falls to lowest level since start of war despite US warning to Israel
Biden administration letter threatened to withhold military help if humanitarian crisis did not urgently improveBusiness - Financial Times - October 30 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
Jobless claims retreat for third straight week, hit lowest level since May
Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.Business - MarketWatch - October 31 -
U.S. crude oil falls below $71 per barrel, continuing sell-off
Israel reportedly told the U.S. that it will not strike Iran's oil facilities.Business - CNBC - October 16 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales
Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.Business - CNBC - October 23 -
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.Business - CNBC - October 23 -
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...Top stories - NBC News - October 23 -
Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.Business - CNBC - October 23 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
CDC told McDonald's about potential E. coli outbreak late last week
Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.Business - CNBC - October 23 -
10-year Treasury yield briefly tops 4.25%, hits highest level since late July
The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.Business - CNBC - October 23 -
Watch Ripple CEO Brad Garlinghouse speak live on legal battle with SEC and upcoming election
Ripple CEO Brad Garlinghouse will speak at DC Fintech Week in Washington, D.C., on Wednesday afternoon.Business - CNBC - October 23 -
Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement
Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.Business - CNBC - October 23 -
Tesla investors have a lot of questions for Musk about Trump
On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.Business - CNBC - October 23 -
IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.Business - CNBC - October 24 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24