Chip makers’ stocks rally as Senate votes to advance U.S. chip infrastructure bill
admin Semiconductor stocks rose Wednesday as the U.S. Senate voted for a bill that would grant…
Read MoreOutput/Production
U.S. oil prices fall more than 3% as weaker gasoline demand allows fuel inventories to rise
Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in…
Read MoreVolvo Car expects supply constraints to continue weighing on sales into 3Q
STOCKHOLM–Volvo Car AB said Wednesday that supply constraints and coronavirus-related lockdowns in China hit retail…
Read More$52 billion chip-manufacturing bill passes procedural vote in Senate
WASHINGTON — A bipartisan bill subsidizing domestic semiconductor production cleared its first procedural hurdle on…
Read MoreBiden expects more Saudi oil output after meeting in Jeddah
President Joe Biden on Friday said he expects further oil supply increases from Saudi Arabia…
Read MoreU.S. industrial output falls in June for first time this year
The numbers: Industrial production fell 0.2% in June, the Federal Reserve reported Friday. This is…
Read MoreOil bounces as report dampens expectations for Saudi output rise after Biden visit
Oil futures bounced Friday, but remained on track for hefty weekly losses, after a news…
Read MoreRio Tinto says 2Q iron-ore exports up, but cautions on economic outlook
Rio Tinto PLC on Friday sounded a cautious note on the global economic outlook, even…
Read MoreAmerica’s housing inventory rose 28% as mortgage rates increased. Our interactive map can help you track the number of homes available for sale near you.
For the last several years, the number of homes available for sale in Charlotte, N.C.,…
Read MoreIndia’s central bank takes steps to stem rupee’s slide
India’s central bank has relaxed debt-market rules for foreign portfolio investors and allowed commercial banks…
Read More