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Oil rises on weakening dollar, potential supply disruptions By Reuters
© Reuters. General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, U.S., March 30, 2020. REUTERS/Mike Segar By Laura Sanicola (Reuters) – Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world’s biggest crude […] More
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Alphabet, Nucor, Bristol-Myers Squibb Fall Premarket; Starbucks Rises By Investing.com
© Reuters By Peter Nurse Investing.com — Stocks in focus in premarket trade on Wednesday, September 14th. Please refresh for updates. Alphabet (NASDAQ:) stock fell 0.2% after Europe’s second-top court upheld an EU antitrust decision against the tech giant’s Google unit, but trimmed the record fine. Starbucks (NASDAQ:) stock rose 0.8% after the coffee chain […] More
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US Poverty Rate Rises for Second Year While Incomes Are Little Changed By Bloomberg
© Bloomberg. Volunteers bag groceries at a Catholic Charities Brooklyn and Queens pop-up food pantry in Brooklyn, New York, on May 29, 2020. Photographer: Demetrius Freeman/Bloomberg (Bloomberg) — US household income was little changed in 2021 from a year earlier while the national poverty rate climbed for a second straight year as the economy slowly […] More
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Spain’s July industrial output rises 5.3% vs 7% in June By Reuters
© Reuters. A worker pushes a cart with beer barrels in Ronda, southern Spain, May 4, 2022. REUTERS/Jon Nazca (Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3% year-on-year in July compared to an increase of 7% in June, official data from the country’s National Statistics Institute (INE) showed on Friday. Source link More
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S&P 500 Rises in Choppy Trade as Banks Shine, Big Tech Wavers By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The S&P 500 climbed Thursday, in choppy trade as investors weighed up weakness in big tech and strength in banking stocks amid rising Treasury yields after Federal Reserve chairman Jerome Powell vowed to continue the fight against inflation. The rose 0.3%, the gained 0.2%, or 48 points, the was up […] More
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Oil Rises as EIA Sees Higher Demand, But Prices Pinned Below $90 By Investing.com
© Reuters. By Ambar Warrick Investing.com– Oil prices rose on Thursday as the U.S. energy watchdog forecast slightly higher demand and tighter supply going into 2023, although concerns over weakening economic growth kept prices pinned near eight-month lows. Prices also took some relief from weakness in the , which retreated from 20-year highs ahead of a […] More
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ISM Non-Manufacturing PMI Unexpectedly Rises to 56.9 in August By Investing.com
© Reuters. By Scott Kanowsky Investing.com — The U.S. services sector unexpectedly saw activity accelerate in August, according to the latest survey from the Institute for Supply Management, in a sign of potential economic resilience despite concerns over a broader slowdown. The rose to 56.9 during the period, up marginally from 56.7 in July. Economists had […] More
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DS Smith Rises After Pushing Through Price Hikes in 1Q FY23 By Investing.com
© Reuters By Geoffrey Smith Investing.com — Shares in DS Smith (LON:) rose on Tuesday after the packaging company said it had enjoyed a strong start to its new fiscal year, successfully passing its rising costs onto customers. “We have started the financial year very strongly, despite the current macro-economic conditions,” Chief Executive Miles Roberts […] More
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Pakistan flood toll rises with 25 children among 57 more deaths By Reuters
3/3 © Reuters. A flood victim man digs ground for a tent to take refuge with his family, following rains and floods during the monsoon season in Dera Allah Yar, District Jafferabad, Pakistan September 2, 2022. REUTERS/Amer Hussain 2/3 By Syed Raza Hassan KARACHI, Pakistan (Reuters) – The toll from cataclysmic floods in Pakistan continued […] More
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Wall Street rises after mixed August jobs report By Reuters
© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 22, 2022. REUTERS/Brendan McDermid By Devik Jain and Carolina Mandl (Reuters) -Wall Street’s main indexes rose on Friday as cooling wage growth and a tick up in the unemployment rate solidified expectations that inflation may […] More
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S.Korea revised Q2 GDP rises 0.7% q/q, in line with earlier estimate By Reuters
© Reuters. FILE PHOTO: Women wearing masks walk in a shopping district amid the coronavirus disease (COVID-19) pandemic in Seoul, South Korea, March 16, 2022. REUTERS/Heo Ran SEOUL (Reuters) – South Korea’s economy grew in the second quarter by a seasonally adjusted 0.7% from the previous quarter, revised central bank data showed on Thursday, matching […] More
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U.S. oil output rises 1.7% June to highest since April 2020 -EIA By Reuters
© Reuters. FILE PHOTO: A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. REUTERS/Liz Hampton By Stephanie Kelly NEW YORK (Reuters) -U.S. crude oil production rose in June by 1.7% to its highest since April 2020, according to a monthly report from […] More