The U.S. dollar edged lower on Wednesday but held on to most of the previous day's gains, after leaping on Federal Reserve officials' hints at aggressive rate hikes and drawing support amid a U.S.-China flare-up over Taiwan.
The U.S. dollar was up against the yen on Wednesday after data showed a surprise pickup in the U.S.
The U.S. dollar index was higher on Wednesday after data showed a surprise pickup in the U.S.
Oil prices were flat to weaker on Wednesday ahead of a meeting of OPEC+ producers, stabilising after a drop of 1% in early trade amid fears that a slowdown in global growth would hit fuel demand.
Oil prices fell about 1% in early trade on Wednesday before paring some losses, ahead of a meeting OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar.
Oil prices fell about 1% in early trade on Wednesday, reversing gains from the previous session ahead of a meeting OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar.
Oil prices inched up on Wednesday, erasing earlier losses, as the OPEC+ producer group was set for a small output increase of 100,000 barrels per day, a document seen by Reuters showed, dashing U.S.
Oil prices dipped on Wednesday ahead of a meeting of OPEC+ producers at which producers are expected to keep output steady with spare capacity limited and against the backdrop of fears that a slowdown in global growth will hit fuel demand.
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S.
Oil prices slid about 4% on Wednesday, with losses accelerating after U.S.
Oil prices slid 2% on Wednesday as U.S. crude and gasoline stockpiles unexpectedly surged higher last week and after OPEC+ said it would raise its oil output target by only 100,000 barrels per day (bpd).
Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a stronger-than-expected 28% jump in quarterly profit and gave a robust outlook as rising interest rates pushed up its net interest margins.
Stock trading platform Robinhood axes staff
Airfare prices should start to go down the next few months following a massive increase this year due to jet fuel prices, demand, capacity, disruption and more.
Strong N.America sales boost Starbucks results despite China hit
US sanctions Putin 'girlfriend,' more oligarchs for 'complicity' in Ukraine war
Automakers want Democratic Senator Joe Manchin to revisit his proposal to restructure the $7,500 electric vehicle tax credit, raising fears it could be largely unworkable because of new sourcing requirements for battery components and critical minerals.
After a hiatus, Taco Bell will bring back a popular item in mid-September.
General Motors Co is prepaying Livent Corp $198 million for a guaranteed six-year supply of lithium, a deal that reflects the auto industry's rising worry about a tightening market for the electric vehicle battery metal.
General Motors Co is prepaying Livent Corp $198 million for a guaranteed six-year supply of lithium to build electric vehicle batteries, a deal that underscores surging demand for the metal among automakers.
PayPal Holdings on Tuesday said activist investor Elliott Management has an over $2 billion stake in the fintech company and the firm raised its annual profit guidance.
U.S. companies are reporting mostly upbeat news this earnings season, surprising investors who had been bracing for a gloomier outlook on both businesses and the economy.
Brazil's state-controlled oil company Petrobras will distribute at least twice as much as the biggest international oil producers in second quarter dividends, boosting the government's coffers amid a tense presidential campaign.
Brazil's state-controlled oil company Petrobras will distribute at least twice as much as the biggest international oil producers in second quarter dividends, boosting the government's coffers amid a tense presidential campaign.
Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment in semiconductor chips manufacturing after Congress passed $52 billion in new subsidies.
Al-Qaeda faces succession quandary after Zawahiri killing
June is the first time that job openings have slipped below 11 million mark since December 2021.
Unity Software Inc, the U.S. developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world's biggest games market, four people with knowledge of the matter told Reuters.
Unity Software Inc, the U.S. developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world's biggest games market, four people with knowledge of the matter told Reuters.
Zawahiri killing boosts Biden on Afghan exit anniversary
