Wall Street ends four-day rally in advance of May jobs report
Wall Street retreated on Thursday as investors hit the pause button in advance of Friday’s jobs report, capping a four-day rally driven by rising economic...
Tesla’s Elon Musk calls for breakup of Amazon in tweet
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up....
Oil prices steady as market awaits clarity on OPEC+ output cuts
Oil prices were little changed on Thursday as investors awaited a decision from top crude producers on whether to extend record output cuts....
U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline
U.S. senators announced a bill on Thursday expanding sanctions on Russia’s Nord Stream 2 natural gas pipeline and targeting the project Washington says will boost...
Explainer: No one really knows how many Americans need unemployment benefits
Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on Thursday, marking...
U.S. court blocks sales of Bayer weed killer
Bayer AG has been blocked from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive...
Shell plastics plant Trump touted faces oversupply risks: energy institute report
A massive Pennsylvania plastics project that President Donald Trump touted during a visit last year faces risks of oversupply and a low price outlook for...
U.S. to revise Chinese passenger airline ban after Beijing move: sources
The U.S. Transportation Department plans to issue a revised order in the coming days that is likely to allow some Chinese passenger airline flights to...
Volkswagen resumes deliveries of Golf 8 after software fix
Volkswagen is resuming deliveries of its Golf 8 model after fixing a software glitch, a spokesman said on Thursday....
Wall Street Week Ahead: Bond investors look for Fed to justify steepening yield curve
Expectations that the global economy has dodged the worst-case scenarios for the coronavirus pandemic have led to a dramatic selloff in U.S. government bonds from...