Brent oil prices resumed their climb toward $70 per barrel on Thursday as expectations of tight global supply outweighed pressure from rising U.S. inventories and production.
More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in five months in Ethiopia and Indonesia killed nearly 350 people.
U.S. stocks opened flat on Thursday following a recent run of gains, as lack of fresh developments on trade talks with China and worries about global economic growth kept risk appetite in check.
The number of Americans filing applications for unemployment benefits fell to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.
The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth.
President Donald Trump on Thursday said the U.S. economy was very strong despite what he said were “unnecessary and destructive actions” taken by the U.S. Federal Reserve, his latest attack on the nation’s independent central bank.
Tesla Inc shares fell more than 8 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S and X vehicles, added to worries about the electric carmaker’s finances.
Constellation Brands Inc on Thursday reported quarterly sales and profit well above analysts’ estimates, as the brewer sold more of its popular Corona and Modelo beers, sending its shares up about 3 percent before the bell.
Brent oil prices resumed their climb toward $70 per barrel on Thursday as expectations of tight global supply outweighed pressure from rising U.S. inventories and production.
Constellation Brands Inc on Thursday reported quarterly sales well above analysts’ estimates, as its popular beer brands Corona and Modelo performed well.
Brexit is so confusing it’s even confounding the robots.
JPMorgan Chase & Co said on Thursday its first-quarter net interest income will likely be flat compared with the prior quarter.
Ethiopian investigators urged Boeing to review its flight control system and said pilots of state carrier Ethiopian Airlines had carried out proper procedures in the first official findings on the crash of a 737 MAX jet that killed 157 people.
Japan’s Nomura Holdings will cut $1 billion in costs from its wholesale business and shut more than 30 of 156 domestic retail branches in its latest overhaul, the ailing bank said on Thursday.
Oil prices fell for a second day on Thursday, with Brent briefly edging below $69 per barrel because of rising inventories and production in the United States, but losses were limited as supply tightened elsewhere.
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