October 5, 2018

Oil prices mark weekly gain ahead of Iran sanctions

Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions […]
October 5, 2018

Wall Street falls as solid jobs report boosts bond yields

U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report […]
October 5, 2018

Wall Street slides as bond yields climb on jobs data

U.S. stocks tumbled on Friday, weighed down by rising Treasury yields after data showed job growth slowed in September, while wage increases were not enough to […]
October 5, 2018

Oil prices rise, supported by U.S. jobs data, Iran sanctions

Crude futures rose on Friday as U.S. unemployment data eased concerns about demand in the world’s top oil consumer, with both benchmarks set for a weekly […]
October 5, 2018

Einhorn’s Greenlight exits Apple on U.S.-China trade war fears

David Einhorn’s Greenlight Capital sold its remaining shares of Apple Inc on growing fear of “Chinese retaliation against America’s trade policies”, according to a letter sent […]
October 5, 2018

A decade of U.S. economic sluggishness may have just snapped back to normal

For a solid decade after the collapse of Lehman Brothers touched off a global financial crisis, there was good reason to think the U.S. economy remained […]
October 5, 2018

U.S. job growth cools; unemployment rate drops to 3.7 percent

U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low […]
October 5, 2018

Daimler starts building electric car batteries in Tuscaloosa

Daimler on Friday said it will start building a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama, […]
October 5, 2018

N.Y. Fed lowers U.S. Q3, Q4 GDP growth view

U.S. gross domestic product is expanding at a 2.27 percent clip in the third quarter, slower than the 2.47 percent pace calculated a week ago, the […]
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