Asia stocks edge higher, dollar languishes on U.S. politics, mixed data Asia stocks edge higher, dollar languishes on U.S. politics, mixed data: Asian stocks inched up on Friday after a technology-led drop on Wall Street, while U.S. Treasury yields and the dollar were pressured by news Special Counsel Robert Mueller […]
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Business
Strong U.S. jobs report seen in July; wages likely rose Strong U.S. jobs report seen in July; wages likely rose: U.S. employers likely maintained a strong pace of hiring in July while raising wages for workers, signs of labor market tightness that could clear the way for the Federal Reserve […]
Stocks slip as Wall Street eases, dovish BoE hits sterling Stocks slip as Wall Street eases, dovish BoE hits sterling: A gauge of world stocks declined as Wall Street dipped on Thursday, although European shares rallied, while sterling hit a nine-month low against the euro after the Bank of England’s […]
Exxon mulls Beaumont refinery crude unit addition Exxon mulls Beaumont refinery crude unit addition: ExxonMobil Corp is considering expanding light crude processing capacity at its Beaumont, Texas, refinery with the addition of a third crude distillation unit, a company spokeswoman said on Thursday. If approved, construction could begin on Unit […]
The racially-charged fight for a union It’s a warm Sunday in Canton, Mississippi, and in a field about two miles (3km) from the Nissan plant, the crowd of workers is angry. One wears a T-shirt reading “vote yes,” while another leads the group in a rousing song about “knowing your […]
U.S. private sector adds 178,000 jobs in July: ADP U.S. private sector adds 178,000 jobs in July: ADP: U.S. private employers added 178,000 jobs in July, below economists’ expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would […]
Oil dips on high OPEC supplies, defying falling U.S. crude stocks Oil dips on high OPEC supplies, defying falling U.S. crude stocks: Oil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually […]
Asian shares slide as tech shares crumble after Dow hits 22,000 Asian shares slide as tech shares crumble after Dow hits 22,000: Asian shares slid on Thursday, led by falls in South Korean tech shares, as investors locked in recent gains after Wall Street’s Dow Jones Industrial Average broke the […]
Dow pole vaults 22,000, but beware the landing Dow pole vaults 22,000, but beware the landing: The blue-chip Dow Jones Industrial Average closed over the 22,000 mark for the first time on Wednesday, but investor fears about the sustainability of the gains took the shine off the round number milestone. […]
U.S. spending, factory data point to moderate economic growth U.S. spending, factory data point to moderate economic growth:- A gauge of U.S. factory activity slid from a near three-year high in July amid a slowdown in new orders and consumer spending barely rose in the prior month, setting the stage […]
