U.S. stocks continued their climb on Thursday after two days of declines as energy shares gained on higher oil prices following suspected attacks on two tankers in the Gulf of Oman.
Oil futures jumped on Thursday after suspected attacks on two tankers off the coast of Iran, while U.S. Treasury yields edged lower as economic data seemed to strengthen the case for the Federal Reserve to cut interest rates this year.
The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May.
The Trump administration has denied requests to exempt Tesla Inc’s Model 3 from 25% tariffs on its Chinese-made car computer and center screen, according to letters seen by Reuters.
Southwest Airlines Co said on Thursday it would keep the Boeing Co 737 MAX jet off its flying schedule through Sept. 2, as the timing of the return of the troubled airplane to service remained uncertain.
Southwest Airlines Co said on Thursday it is extending cancellations of about Boeing Co 737 MAX flights through Sept. 2 as it continues to await guidance and approval on software enhancements and training requirements.
The first half of 2019 was expected to be a boon for U.S. retailers, buoyed by solid consumer sentiment at home and expansion in China – the market many of them have targeted for the future.
Deutsche Post DHL Group on Thursday said it will spend $150 million this year to expand its U.S. healthcare distribution network capacity by roughly 40 percent.
Uber Technologies Inc has launched a new ride-hailing service in India’s tech capital Bengaluru that will use miniature gas-powered cars called “Qute” to win over commuters stressed out by the sprawling city’s heavily-congested streets.
Gains in energy shares helped Wall Street’s main indexes snap two days of weakness and trade higher on Thursday, with hopes of an interest rate cut adding to the upbeat sentiment.
U.S. stocks opened higher on Thursday, led by gains in energy shares, with hopes of an interest rate cut adding to the upbeat mood.
India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating a fraud at a financial company, leading it to seek a five-year ban on the auditors, according to government legal filings seen by Reuters.
The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May.
British retailer Tesco has no plans to exit its central European operations, Chairman John Allan said on Thursday.
The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May.
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