WTI, Brent rebound after two days of losses
U.S. crude oil futures rose 1% on Thursday, rebounding from two days of losses as the benchmark reached for $78 per barrel. The U.S. benchmark surged above $80 per barrel …
Breaking News: Markets
Klarna launches bank-like personal account, cashback ahead of IPO
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Financial technology firm …
RBNZ cuts cash rate by 25 basis points; lowers rate forecasts
A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. David Gray | Reuters The Reserve …
Japan Tankan, RBNZ rates, South Korea unemployment
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly rose on Wednesday as the Reserve Bank of …
WTI steady after Biden says Iran might not attack
Oil futures held steady Wednesday with U.S. crude trading above $78 per barrel, after President Joe Biden said Iran might refrain from attacking Israel if a cease-fire deal is reached …
Our top 5 stocks of the topsy-turvey market since July’s Monthly Meeting
It’s been a Jekyll and Hyde stock market since the Club’s last Monthly Meeting. The S & P 500 closed at a record on July 16 — the day before …
Annual inflation rate slows to 2.9%, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table …
UBS CEO Ermotti says it is too early to talk about a U.S. recession
Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in …
Video game industry faces sluggish 2024 sales growth, Newzoo says
Analysts are expecting Nintendo to release a successor to its hit Switch console in its fiscal year 2025. Guillaume Payen | Sopa Images | Lightrocket | Getty Images The global …
Treasury yields slide as producer prices increase is less than expected
Treasury yields fell on Tuesday as a wholesale inflation measure came in softer than expected. The yield on the 10-year Treasury was lower by about 5.7 basis points at 3.852%. …