Financial Markets

Markets Right Now: Major US indexes close at record highs

Jul 3, 2019

Major U.S. indexes are closing at record highs on a holiday-shortened trading day.

UK economy's 'worst month' since Brexit vote aftermath

Jul 3, 2019

A closely watched survey of business activity in the U.K. is showing that the economy contracted in June at its steepest rate since the immediate aftermath of the country's vote three years ago to leave the European Union

UN: Sudan's health supply shortage exacerbated by crisis

Jul 2, 2019

The United Nations says Sudan is facing shortages of medicine and health supplies because of its ongoing economic crisis, which has been exacerbated by recent political upheaval

OPEC extends oil production cuts amid weaker demand outlook

Jul 1, 2019

The oil producers' cartel, OPEC, is considering a six- to nine-month extension of its current deal to cut production amid weakening demand due to slowing global economic growth

Europe's unemployment lowest in more than a decade

Jul 1, 2019

The unemployment rate in the 19 European Union countries that use the euro fell to its lowest level in more than a decade in May as domestic demand and low interest rates help keep the recovery going

Global shares rise on hopes for US-China trade negotiations

Jul 1, 2019

Global shares are higher on revived hopes for progress in trade negotiations between the U.S. and China after President Donald Trump met with China's Xi Jinping at the Group of 20 Summit in Japan

Markets Right Now: Banks lead early gains for US stocks

Jun 28, 2019

Banks were leading stocks higher in early trading on Wall Street after the Federal Reserve gave many of them permission to raise dividends and buy back more stock.

Up, down, back again: Funds deliver returns, vertigo

Jun 27, 2019

If you're brave or lazy enough to be a totally hands-off investor, congratulations, you've got a nice surprise coming

Swiss-based Glencore takes controlling stake in PolyMet mine

Jun 27, 2019

Swiss-based global commodities giant Glencore AG says it's taking a 72% stake in PolyMet Mining, gaining majority control over what's slated to become Minnesota's first copper-nickel mine

The Latest: Gas prices could increase on refinery closure

Jun 26, 2019

AAA says gasoline prices may increase after the announcement that a Philadelphia oil refinery will close after a devastating fire

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