Oil tumbles 5% on weak global economic data, U.S. crude build
Oil prices sank roughly 5% on Wednesday after disappointing economic data from China and Europe revived global demand fears and U.S. crude inventories rose unexpectedly...
U.S. import prices rebound, but trend still subdued
U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to subdued imported inflation pressures....
Oil slumps more than 4% on weak global economic data, U.S. crude build
Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak economic data from China and Europe and an unexpected...
Macy’s shares sink as discounts to clear inventory hurt, tourism drops
Macy’s Inc cut its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as...
Ford extends warranty on 560,000 Focus, Fiesta models
Ford Motor Co said on Wednesday it was extending warranty on clutch and related hardware in 560,000 Focus and Fiesta cars that were reported to...
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to...
Macy’s sinks as discounts to clear inventory backfire, tourism drops
Macy’s Inc slashed its full-year earnings forecast on Wednesday after missing estimates for quarterly profit for the first time in at least two years, as...
Wall Street tumbles on rising fears of recession
Wall Street main indexes slid more than 2% on Wednesday, as a closely watched U.S. bond market indicator pointed to a renewed risk of recession...
Ryanair Spanish cabin crew unions threaten 10 days of strikes
Unions representing Ryanair cabin crew in Spain on Wednesday announced plans to hold 10 days of strikes in September unless the Irish airline changes its...
U.S. import prices rebound, but trend remains subdued
U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to subdued imported inflation pressures....