Stories about Markets

Oct 17 2018

Trump arrives in Panhandle: 'Many of these people have no home'

Hurricane Michael was one of the most powerful storms ever recorded in the USA and struck on Wednesday with 155mph (250km/h) winds. Trump also saw Tyndall Air Force Bas...

Oct 16 2018

Erdogan, Saudi king discuss case of missing journalist

On Sunday, JP Morgan CEO James Dimon and Ford chairman Bill Ford said they would also not attend. The market clawed back some of the losses, trading down over 4 percent...

Oct 16 2018

Search begins for missing journalist at Saudi consulate

Saudia Arabia has denied the allegations and dismissed them as "baseless". "He said that they are working closely with Turkey to find answer". However, Trump in the...

Oct 16 2018

Many U.S. mall owners say good riddance to Sears

The company, inundated by debt and falling sales, said Monday that it would begin liquidation sales and close another 142 stores before the end of the year. "ESL believes...

Oct 15 2018

Jamal Khashoggi Disappearance: Saudi Arabia Warns Against Sanctions

The Saudi King also thanked the Turkish President for accepting a Saudi proposal to create the joint group, according to Al Jazeera. It is feared the Washington Post ...

Oct 15 2018

OPEC oil supply rises to one-year high

Expensive energy, including the prices of oil, gas and coal at "multi-year" highs, pose a threat to economic growth worldwide, particularly to emerging market economies t...

Oct 15 2018

IEA sees lower demand for oil in 2018 and 2019

Output, which includes crude oil , natural gas liquids, biofuels and refinery processing gains, was 2.3 million barrels above the same period a year ago and 1.3 million ...

Oct 15 2018

Brent turns lower as weaker demand view weighs

Oil edged further above $80 a barrel on Friday as a rally in equities lent support, though prices pared most of their gain after a closely watched forecaster deemed suppl...

Oct 15 2018

World oil market "adequately supplied for now", says IEA

Global oil prices slipped on Thursday, weighed down by the escalating trade dispute between the United States and China, although a decline in USA commercial crude inve...

Oct 15 2018

Oil holds losses as crude stockpiles soar

Such disclosures from a respected agency, combined with persistent signs throughout this week that the crude industry could compensate for losses of Iran exports withou...

Oct 14 2018

Energy stocks get whacked after OPEC says oil is 'well supplied'

Reliance, owner of the world's biggest refining complex, plans to stop importing Iranian oil in October or November. India imported 528,000 bpd of Iranian oil in Septem...

Oct 14 2018

Check your tickets! Mega Millions numbers drawn in $548M jackpot

There was a $3 million winning ticket sold in Arkansas. The jackpot is the third-largest in the game's history and the odds of winning are 302,000,000 to one. Meanwhile...

Oct 14 2018

Facebook says hackers accessed data from 29 million accounts

But for about half of those whose accounts were broken into-about 14 million people-the hackers accessed intimate information, such as the last 10 places that person ch...

Oct 14 2018

I don't like Fed raising interest rates so quickly, says Trump

In late August, the rate on 10-year government bonds was only 0.18 percent higher than for two-year government bonds, a phenomenon known as a flat yield curve. Wednesda...

Oct 14 2018

Users' bank accounts could be compromised becuse of Facebook hack

That suggests Facebook may know or suspect who's behind the breach . Hackers could have taken information like names and contact details like phone numbers and email a...

Oct 14 2018

Donald Trump says a strong dollar doesn't necessarily mean all good

US President Donald Trump speaks during a briefing on Hurricane Michael in the Oval Office of the White House in Washington, DC, October 10, 2018. Over the past thr...

Oct 13 2018

IMF Chief Economist: Pakistan has not approached IMF

But US growth will decline once parts of its fiscal stimulus go into reverse. With much of the U.S. But the outgoing chief economist - who retires from the Fund later...

Oct 13 2018

International Monetary Fund revises global growth projection downward to 3.7%, says earlier numbers overoptimistic

Although the newly projected rate is same as last year's rate of 3.7 percent, this growth exceeds that achieved in any of the years between 2012 and 2016, and it occurs a...

Oct 12 2018

U.S. ramps up pressure on Saudis over missing journalist

U.S. President Donald Trump said Wednesday he addressed the disappearance of a Washington Post journalist with an unnamed senior Saudi leader at the "highest level"....

Oct 12 2018

Dutch PM 'cautiously optimistic' about progress on Brexit talks

Agreeing on how to maintain an open Irish border after Brexit is the key hurdle now to sealing a divorce deal between the European Union and Britain. "An agreement is w...