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News
US stocks jump after oil prices ease and an inflation update comes in near expectations
1+ day, 9+ hour ago (387+ words) U.S. stocks rebounded and clawed back much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to......
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
2+ day, 13+ hour ago (379+ words) In a striking acknowledgment Wednesday, Trump said that oil prices likely won’t come down until after U.S. midterm elections, but added that prices will fall immediately after Nov. 3. “Right after the election, oil prices are going to be tumbling downward,…...
What to know about Canada’s escalating trade war with the US as Carney retaliates with tariffs
5+ day, 1+ hour ago (1057+ words) The outcome could resonate far beyond Canada, showing other governments whether a smaller U.S. ally can withstand Trump’s economic pressure. Canadian Prime Minister Mark Carney says U.S. demands could hollow out key Canadian industries and limit the country’s independence, while Trump’s…...
China's exports pick up in August, jumping 25% on strong demand for autos and high tech goods
5+ day, 2+ hour ago (261+ words) Chron The data came ahead of U.S President Donald Trumpâs planned meeting with Chinese leader Xi Jinping, set for late September, though Beijing has not yet confirmed the exact date for the visit Exports grew 23.9% year-on-year in July Imports…...
US oil giant Chevron confirms it will expand operations in Venezuela
1+ week, 3+ day ago (476+ words) Chevron, the only U.S. oil company that has a major presence in the country, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company has an established position. Joint venture plans include investing more than…...
US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
1+ week, 6+ day ago (855+ words) “This is going to be financial violence if we have to,” Bessent said in the interview. “We are showing people that we know who you are, you know who you are, and this has got to stop.” Bessent spoke with…...
World shares mostly gain and oil prices slip as the US raises pressure on Iran
2+ week, 4+ day ago (287+ words) Asian shares mostly gain and oil prices hold steady as the US raises pressure on Iran Chron stocks drifted to a mixed finish ahead of potentially market-moving events later in the week Oil prices fell back after U.S Treasury Secretary…...
Hong Kong conglomerate seeks $1.5 billion in damages from Panama for takeover of canal ports
3+ week, 3+ day ago (340+ words) CK Hutchison said in the statement that it had begun new arbitration proceedings against Panama and alleged that the Central American country had breached an investment protection treaty through “sovereign acts that targeted a decades-old ports concession” in a “state…...