U.S. oil prices fall more than 3% as weaker gasoline demand allows fuel inventories to rise
admin Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in…
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Philadelphia Fed’s July factory activity index contracts for second straight month
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity dropped to…
Read MoreU.S. jobless claims jump to highest level since November
The numbers: Initial jobless claims jumped 7,000 to 251,000 in the week ended July 16,…
Read MoreEuropean Central Bank lifts rates by half point as it delivers first hike in 11 years
The European Central Bank, responding to fears of runaway inflation, delivered its first rate hike…
Read MoreThe Fed could get lucky or things might go wrong. A guide to where the economy might go from here
Is a recession inevitable? Will the Federal Reserve cause it? Although superlatives about the U.S.…
Read MoreHere’s the incredibly strong signal for stocks that is coming from the corporate bond market
Is it a false dawn in the stock market or is there something real? The…
Read MoreLyft to end direct car rentals, will lay off 60 workers
Lyft Inc. said Wednesday that it is discontinuing its direct car-rental business and is laying…
Read MoreBond yields rise after Russia resumes gas flows
Bond yields rose on Thursday, as the resumption of gas flows to Europe through a…
Read MoreRents are hitting new highs, but renting is still cheaper than owning. Here’s why.
Rents are hitting new highs, but renting is still mostly more affordable than owning a…
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Snap’s stock price rises more than 8% ahead of second-quarter earnings
Snap shares surged Wednesday, outpacing gains in the broader tech sector, a day ahead of…
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