3+ day, 12+ hour ago   (379+ words) In a striking acknowledgment Wednesday, Trump said that oil prices likely won’t come down until after U.S. midterm elections, but added that prices will fall immediately after Nov. 3. “Right after the election, oil prices are going to be tumbling downward,…...

3+ day, 13+ hour ago   (335+ words) The central bank for the 21 EU member countries that use the euro currency raised its benchmark rate by a quarter percentage point to 2.50% at a meeting held in Berlin, away from the bank’s Frankfurt headquarters. Bank President Christine Lagarde said…...

3+ day, 22+ hour ago   (690+ words) The future for the S&P 500 rose 0.2% and that for the Dow Jones Industrial Average was up 0.4%. In Germany, the DAX fell 0.2% to 25,535.88. The CAC 40 in Paris edged 0.2% higher, while Britain's FTSE 100 lost 0.2% to 10,651.40. The price of Brent crude jumped…...

5+ day, 3+ hour ago   (408+ words) Japan's benchmark Nikkei 225 was nearly unchanged at 65,249.95, and South Korea's Kospi gained 1.2% to 7,041.10. In Hong Kong, the Hang Seng dipped 0.1% to 25,287.99. The Shanghai Composite gained 0.2% to 3,949.89. Australia's S&P/ASX 200 slipped 0.2% to 8,903.20. Taiwan's Taiex edged 0.2% higher and the Sensex in…...

6+ day, 8+ hour ago   (261+ words) CTPost The data came ahead of U.S President Donald Trump’s planned meeting with Chinese leader Xi Jinping, set for late September, though Beijing has not yet confirmed the exact date for the visit Exports grew 23.9% year-on-year in July Imports…...

6+ day, 1+ hour ago   (426+ words) Tokyo's Nikkei 225 gave up early gains, falling 0.3% to 66,170.34 after the government reported that the economy grew at a slightly faster annual pace in the April-June quarter than earlier reported, at 1.4%. Earlier, the Cabinet Office had estimated the annualized growth rate…...

1+ week, 4+ day ago   (414+ words) Renewed fighting between the U.S. and Iran pushed oil prices sharply higher earlier in the week. U.S. President Donald Trump said Wednesday he doesn’t expect the U.S. bombing campaign to last “much longer.” Brent crude, the international standard, fell 0.4% to $95.26 per barrel....

1+ week, 4+ day ago   (1722+ words) Oil giant Chevron confirmed that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Canadian Prime Minister…...

1+ week, 4+ day ago   (872+ words) U.S. stocks snapped a three-day losing streak Wednesday as gains by big technology companies and relatively steady oil prices and bond yields helped lift the market after a downbeat start to the week. The S&P 500 index rose 0.5%. The Dow Jones…...

1+ week, 5+ day ago   (423+ words) Bessent told reporters that he had warned other nations at the beginning of President Donald Trump ’s second term that the new U.S. “tariff wall” would mean that Chinese goods would flood their markets. “And unfortunately, I was right,” Bessent…...