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U.S. crude oil breaks $78 per barrel as fears of war between Iran and Israel grow

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U.S. crude oil futures broke above $78 per barrel Thursday on fears that Israel and Iran are heading to a direct conflict after the...
Bussiness

Bank of England to make knife-edge call on interest rates as markets favor cut: Live updates

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UK rate decision 'going to be close', Goldman Sachs saysGoldman Sachs' chief European economist said Thursday that the Bank of England's monetary policy decision...
Bussiness

Asia-Pacific markets mixed after Powell signals possible rate cut in September

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Top view of Seoul in the morning in autumn 2016.Natthapol Bussai | Moment | Getty ImagesAsia-Pacific markets were mixed on Thursday, after comments from...
Bussiness

Powell says September rate cut ‘on the table’ if inflation data continues to cool

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Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank could cut interest rates at its September meeting if economic data continues...
Bussiness

Fed holds rates steady and notes progress on inflation

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WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could...
Bussiness

Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

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Powell says a potential September rate cut would be apoliticalFederal Chair Powell said a rate cut at the September meeting would be unrelated to...
Bussiness

Jim Cramer’s top 10 things to watch in the stock market Wednesday

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My top 10 things to watch on Wednesday, July 31 1. Wall Street was tracking for a higher open, with Nasdaq looking especially strong...
Bussiness

Boeing reports wider-than-expected loss, weaker revenue

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Boeing on Wednesday reported a bigger quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to...
Bussiness

Bank of England’s rate cut is on a knife-edge even with inflation on target

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The Bank of England in the City of London.Mike Kemp | In Pictures | Getty ImagesLONDON — Inflation in the U.K. may have come...
Bussiness

HSBC shares rise 2% after profit beat, $3 billion buyback announcement

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Aaron P | Bauer-Griffin | GC Images | Getty ImagesLONDON — Europe's largest lender HSBC on Wednesday declared a share buyback program of up...
Bussiness

Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot

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John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland.Nurphoto | Nurphoto | Getty...
World

Oil prices fall as trader unfazed by Israel-Hezbollah escalation

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Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty ImagesCrude...
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