Latest in U.S. oil prices drop nearly 1% on weak Chinese retail sales data
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U.S. oil prices edge lower on weak Chinese retail-sales data
Oil prices headed lower Monday as concerns over the outlook for energy demand were renewed by a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November.MarketWatch - 2h -
Big Oil wants to help Big Tech power artificial intelligence data centers
Exxon and Chevron see natural gas and carbon capture technology playing a key role in meeting AI's power needs.CNBC - 2d -
U.S. Court Denies TikTok’s Request to Freeze Sale-or-Ban Law
TikTok had sought to temporarily freeze a law that requires its Chinese parent to sell the app or face a U.S. ban next month. The case may now head to the Supreme Court.The New York Times - 2d -
China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 10h -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 12h -
Australia lowers tax revenue forecast on weak Chinese economy
Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demandFinancial Times - 15h -
1 person killed at U.S. Army base in Georgia
The shooter was taken into custody, and an "all clear" was given less than an hour after Fort Eisenhower went into lockdown, the installation's operations center said on social media.CBS News - 2d -
How U.S. Firms Battled a Government Crackdown to Keep Tech Sales to China
An intense struggle has unfolded in Washington between companies and officials over where to draw the line on selling technology to China.The New York Times - 3d -
Oil prices end lower as IEA sees global market ‘comfortably supplied’ next year
Oil prices ended a bit lower on Thursday, putting an end to a three-session streak of gains, after the International Energy Agency lowered its global oil-demand growth estimate for this year and ...MarketWatch - 3d -
Phone companies haven't notified most victims of Chinese data hacking campaign, sources say
The vast majority of people whose call records have been stolen by Chinese hackers have not been notified, according to industry sources.NBC News - 4d -
U.S. oil prices top $70 for first time in over 2 weeks on concerns over tight supply
Crude-oil prices ended higher for a third straight session on Wednesday, with China’s plans to boost its economy expected to lift energy demand and as talk of potential new U.S. oil sanctions on ...MarketWatch - 4d -
Concerning new data on U.S. inflation
New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 4d -
Buoyed by Trump, U.S. dealers are optimistic on everything except electric vehicles sales
Cox reports there's a "renewed optimism" among U.S. car dealers heading into 2025, fueled by Donald Trump's election and positive trends in interest rates.CNBC - 5d -
U.S. overdose deaths fell nearly 17% in 1-year period, CDC says
Members of the Biden White House celebrated the report but said there's still more work to be done to further reduce overdose deaths.CBS News - 5d -
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U.S. Data Agency Blames Old Tech and Other Failures for Missteps
The Bureau of Labor Statistics, which tracks jobs and inflation, issued a report on what caused embarrassing episodes in which data was released improperly.The New York Times - 5d -
Oil prices end higher, lifted by fall of Syria’s Assad and China’s stimulus plans
Oil futures finished higher on Monday after China eased its overall monetary-policy stance for the first time in 14 years, as the nation’s Politburo vowed more forceful measures to boost the ...MarketWatch - 6d -
Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.
BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.The New York Times - Dec. 9 -
White House announces nearly $1 billion in military assistance to Ukraine
President-elect Donald Trump's election victory has cast doubt on the future of U.S. aid for Ukraine.CBS News - Dec. 7 -
Oil prices end at their lowest in 3 weeks after OPEC+ fails to allay supply worries
Oil futures settled lower on Friday to tally losses for the week, a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned ...MarketWatch - Dec. 6 -
Lego Corvette Model Kit Is Back On Sale For Its Black Friday Price
Most of us will never own one of the coolest cars of all time--the 1961 Chevrolet Corvette C1--but this Lego replica of the iconic vehicle is a nice consolation prize. Best Buy has brought back ...GameSpot - Dec. 6 -
Federal appeals court upholds law requiring sale or ban of TikTok in the U.S.
A federal appeals court panel on Friday upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its ...ABC News - Dec. 6 -
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime Chief Product Officer Sun Choe.CNBC - Dec. 6 -
Oil prices little changed after OPEC+ delays production increase
OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.CNBC - Dec. 5 -
American Eagle’s stock drops as warm fall weather bites into clothing sales
American Eagle’s stock falls 13% Thursday, and a J.P. Morgan analyst cuts its rating to neutral.MarketWatch - Dec. 5 -
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnateABC News - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Chinese hackers stole large amounts of Americans’ phone data from eight telecoms, officials say
A Chinese hacking campaign that spied on texts and calls of U.S. citizens is significantly larger than previously known to the public.NBC News - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Chinese espionage campaign scooped up data on thousands of US mobile users: Sources
A Chinese espionage campaign scooped up data on hundreds of thousands of American mobile phone users, likely stealing information about more than 1 million customers.ABC News - Dec. 4 -
Chinese man in U.S. charged with sending weapons to North Korea
A Chinese man living in the U.S. illegally was arrested Tuesday and accused of exporting guns and ammunition to North Korea and of planning to send other technology to the nuclear-armed pariah state.NBC News - Dec. 4 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.CBS News - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
UConn drops 23 spots in AP poll; Kansas No. 1
Kansas held off Auburn for the No. 1 ranking in the Associated Press Top 25 men's college basketball poll Monday as SEC teams grabbed three of the top four spots and two-time reigning national ...ESPN - Dec. 2 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2
