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Investors Doubt OPEC Cuts Can Boost Oil Prices Easing trade tensions and production cuts by the Organization of the Petroleum Exporting Countries have boosted oil prices recently, but some investors remain dubious that even those long-awaited developments will be enough to push crude beyond its ...
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Global stocks gain as investors welcome preliminary US-China trade deal LONDON (Reuters) - World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China. FILE PHOTO: A trader sits in front of the computer screens at his ...
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Election-happy pound looks past weak economic data LONDON (Reuters) - The pound rose on Monday, still boosted by last week's general election victory for the pro-Brexit Conservative party, even in the face of data showing that British businesses this month suffered their worst downturn since mid-2016.
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New York Fed Adds $86.4 Billion in Day of Key Money-Market Pressures The Federal Reserve Bank of New York added $86.4 billion in liquidity to financial markets. In two operations carried out Monday, the Fed injected $36.4 billion in overnight liquidity and $50 billion in 32-day liquidity extending into the coming New Year.
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Global stocks rise as investors cheer preliminary US-China trade deal LONDON (Reuters) - World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China. Traders are seen at work at Northern Trust offices in London, ...
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Hallmark Channel reinstates same-sex bridal ad after pulling it: Monday Wake-Up Call Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. Hallmark pulls ad featuring same-sex ...
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Oil hovers near three-month high on trade optimism, supply cuts SINGAPORE (Reuters) - Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke oil demand in the world's biggest ...
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After relief, major currencies await details on US-China trade deal LONDON (Reuters) - Trade-sensitive currencies such as the Australian dollar and Chinese yuan held below four-month highs on Monday as relief following a U.S.-China trade agreement gave way to caution due to lack of details. FILE PHOTO: Euro, Hong ...
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Euro zone business growth stayed weak in December: flash PMIs (Reuters) - Euro zone business growth remained weak in December, with tepid foreign demand exacerbating a contraction in manufacturing and offsetting a slight pick-up in services activity, although some analysts saw signs of stabilization. FILE PHOTO: A ...
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There Are Economic Warning Signs for Trump in the Midwest The American economy has found its footing after a summer recession scare. But much of the Midwest is still stumbling. President Trump campaigned in 2016 on a pledge to restore jobs — manufacturing jobs, specifically — to long-struggling Midwestern ...
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