Stocks dragged down by megacap tech, oil edges higher
Stocks sagged worldwide on Wednesday as earnings from Tesla and European luxury brands disappointed, while oil prices edged higher after
July 24, 2024Stocks sagged worldwide on Wednesday as earnings from Tesla and European luxury brands disappointed, while oil prices edged higher after
July 24, 2024Inflation has dropped sharply in Europe
September 29, 2023Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy's fiscal position mean headwinds for the euro are getting
April 26, 2024A look at the day ahead in U.S. and global markets from Mike Dolan The bond blast upending world markets has been partly smothered by sharply falling oil prices for now - but September's U.S.
April 26, 2024Global stocks rose on Tuesday, as a wave of risk appetite swept through markets after Federal Reserve officials signaled the recent yield surge could justify caution
April 26, 2024The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts
October 10, 2023The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
October 12, 2023Shares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks
October 18, 2023Oil prices are up and markets are tense after the outbreak of war in Gaza
October 24, 2023Oil prices eased about 1% to a three-week low on a rising U.S. dollar and after the U.S.
April 26, 2024Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about
April 26, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Ebbing oil prices are cheerleading this week's renewed optimism on U.S. disinflation - with retail soundings still perky into the
April 26, 2024Asian shares are mostly higher ahead of the release of U.S. consumer inflation data
November 29, 2023Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts
March 03, 2024Saudi Arabia's economy will grow at a slower pace this year than previously predicted as oil prices drop from recent peaks, according to a Reuters poll which
May 08, 2024Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in U.S. crude stocks, the prospect of a Middle East ceasefire agreement and as hopes
May 16, 2024OPEC+ oil producers are scheduled to meet on June 2 to decide their next output policy steps, including whether to extend voluntary production cuts
June 10, 2024OPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2 million barrels per day beyond June, but
May 16, 2024Fourth of July gas prices are set for a three-year low
July 03, 2024OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient
July 10, 2024Canada's main stock index fell on Tuesday as a drop in oil prices weighed on energy shares, but the move was limited ahead of a potential interest rate cut by the Bank of
July 23, 2024