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Oil Tumbles on Libya’s Returning Supply

Oil Tumbles on Libya’s Returning Supply

U.S. crude had its worst day in a year, falling 5%, after Libya indicated it would resume export activities at its eastern ports, potentially easing fears of a global supply shortage.

Published 3 months ago

Average Gas Price Nears $3 a Gallon, Raising Worries for U.S. Economy

Average Gas Price Nears $3 a Gallon, Raising Worries for U.S. Economy

The highest retail gasoline prices in years are the latest development to raise concerns about one of the longest-running U.S. economic expansions on record.

Published 3 months ago

Croatia Stuns England in Extra Time to Advance to World Cup Final

Croatia Stuns England in Extra Time to Advance to World Cup Final

Mario Mandzukic’s 109th-minute shot into the left corner of the net sealed a 2-1 comeback win for Croatia.

Published 3 months ago

Oil Tumbles on Libya’s Returning Supply

Oil Tumbles on Libya’s Returning Supply

U.S. crude had its worst day in a year Wednesday despite a larger-than-expected weekly drop in inventories after Libya indicated it would resume export activities at its eastern ports, potentially easing fears of a global supply shortage.

Published 3 months ago

Escalating trade war shakes markets

Escalating trade war shakes markets

US companies fear damage from tariffs battle will offset benefits of booming economy

Published 1 second ago

Markets batter Turkey as Erdogan predicts interest rate fall

Markets batter Turkey as Erdogan predicts interest rate fall

The lira loses almost 3% against dollar as investors worry about economic management

Published 1 second ago

Alphabet’s new businesses: internet balloons and delivery drones

Alphabet’s new businesses: internet balloons and delivery drones

Loon and Wing are the latest ‘moonshot’ projects graduating to fully fledged companies

Published 1 second ago

Trump Urges NATO to Double Military Spending Target to 4% of GDP

Trump Urges NATO to Double Military Spending Target to 4% of GDP

President Donald Trump pressured allies at the NATO summit Wednesday to double the defense spending target to 4% of gross domestic product, while bashing Germany for its military spending and support for a major gas deal with Russia.

Published 3 months ago

‘Shocked’ by Latest U.S. Tariff Plan, Beijing Seeks Retaliatory Action

‘Shocked’ by Latest U.S. Tariff Plan, Beijing Seeks Retaliatory Action

China doesn’t import enough from the U.S. to match the Trump administration’s planned new tariffs on $200 billion in goods—so Beijing is reviewing plans to hit back in other ways, said Chinese officials familiar with the plans.

Published 3 months ago

The Supreme Court Won’t Stop Executive Overreach

The Supreme Court Won’t Stop Executive Overreach

For businesses worried about overreach by the executive branch, President Trump’s Supreme Court nominee Brett Kavanaugh is a mixed blessing.

Published 3 months ago

Rising Gas Prices Raise Concerns for U.S. Economy

Rising Gas Prices Raise Concerns for U.S. Economy

The highest retail gas prices in years, with consumers paying as much as $2.96 a gallon on average, are raising concerns about one of the longest-running U.S. economic expansions on record.

Published 3 months ago

How England Rewired Its Soccer DNA

How England Rewired Its Soccer DNA

With a young squad, stars yet to hit their prime, and dominant youth teams, England could be a World Cup contender for years to come.

Published 3 months ago

Boris Johnson weighs how to challenge Theresa May

Boris Johnson weighs how to challenge Theresa May

Former foreign secretary appears to have quit without a short-term plan

Published 1 second ago

Malta accused of failing to enforce EU anti-money laundering rules

Malta accused of failing to enforce EU anti-money laundering rules

Damning report criticises handling of private bank now embroiled in criminal probe

Published 1 second ago

NYSE Opposition to Trading-Fee Review Puts Companies and Some Shareholders at Odds

NYSE Opposition to Trading-Fee Review Puts Companies and Some Shareholders at Odds

The New York Stock Exchange’s opposition to a regulatory review of trading fees has put listed companies including Apache Corp., Halliburton Co. and Home Depot Inc. at odds with some of their biggest shareholders.

Published 3 months ago