Economic news

Oil futures pulled back Friday, but remained on track for big weekly gains after jumping in the previous session as Saudi Arabia’s energy...

The U.S. current account deficit soared to its highest level in nearly 12 years in the second quarter as the COVID-19 pandemic weighed on the...

Gold futures edged up Friday morning and looked likely to post a weekly gain but the metal has thus far failed to score a big boost from Federal...

Dave & Buster’s Inc. shares plunged 26.1% in Thursday trading after investors grew nervous about the possibility of the entertainment...

As cash declines in day-to-day transactions, Britain’s National Audit Office has uncovered a mystery: the number of pound notes in...

China’s Ant Group has received approval from the Shanghai Stock Exchange for a domestic initial public offering, the bourse said on Friday,...

Futures tracking the Nasdaq 100 index rose on Friday as a two-day selloff in technology-related stocks halted, while worries about rising...

China’s ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app,...

The Federal Reserve’s average inflation policy and the threat of an asset bubble aren’t moving the stock market. It shows that...

Health Secretary Matt Hancock declined to rule out a second national lockdown and said the acceleration of coronavirus cases and hospital...

Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was...

European stocks struggled for momentum on Friday, with travel and bank stocks falling as a resurgence in coronavirus cases across the continent...

Stock futures hovered near breakeven in Thursday evening’s after hours trading, following a volatile session that saw big tech stocks sell...

Sterling edged slightly higher against the euro and the dollar on Friday as data showed that British shoppers continued to increase spending last...

Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10%, after Saudi Arabia pressed allies to...

Ericsson has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on...

London Stock Exchange entered exclusive talks on Friday to sell Borsa Italiana to France's Euronext, seeing off competing bids from Deutsche...

The dollar extended overnight losses on Friday after data on Thursday pointed to a slowdown in the U.S. economic recovery, while riskier currencies...

Rates as of 04:00 GMT Market Recap Right for the wrong reason: I thought the Fed’s decision was dovish – it effectively implied that...

The Australian dollar held its head above 73 U.S. cents while its New Zealand counterpart was on track for its sixth straight session of gains on...

British shoppers continued to increase spending last month, taking sales further above pre-COVID levels, as strong online demand helped much of the...

The dollar held tight ranges on Friday but was set for a weekly loss against major counterparts after downbeat data cast a shadow over the economic...

Asian stocks inched up on Friday but lingering disappointment that central banks merely affirmed their monetary support this week, while not...

European stocks fell from a one-month closing high on Thursday after an underwhelming response to the U.S. Federal Reserve’s pledge to keep...

Wall Street's main indexes fell on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed...

The number of Americans filing new claims for unemployment benefits fell less than expected last week and applications for the prior period were...

Oil futures climbed on Thursday, getting a boost as the Organization of the Petroleum Exporting Countries and its allies stressed the importance of...

Gold futures headed lower Thursday as commodity investors reacted to the monetary policy statement from the Federal Reserve which indicated it...

The pound held steady on Thursday, little changed versus the dollar and slightly up against the euro, as investors waited for the Bank of...

The U.S. government is awash in debt and red ink — and neither President Donald Trump or his Democratic challenger appear bothered by the...

Social media sentiment for Bitcoin has slumped to a two-year low, yet technical indicators are still saying “buy.” A number of metrics...

German Finance Minister Olaf Scholz plans to take on net new debt of around 100 billion euros ($117.92 billion) next year to sustain Berlin’s...

Uber Technologies Inc is planning to sell part of its $6.3 billion stake in Chinese ride-hailing firm Didi Chuxing to raise cash, Bloomberg...

European stocks slumped and U.S. stock futures weakened on Thursday, with traders in Europe getting their first chance to react to the Federal...

Shares of European auto makers pitched lower on Thursday after data revealed a sharp fall in car sales for the region during August.

Indonesia’s central bank held its key interest rate unchanged on Thursday to keep the rupiah currency stable, as the governor stressed that...

The U.S. is still globally dominant in many areas including finance and technology — but it’s not clear if the world’s largest...

London-listed shares tracked declines in Asian stock markets on Thursday as the lack of new stimulus measures by the U.S. Federal Reserve dulled...

Rates as of 04:00 GMT Market Recap I have to admit, I’m confused by the market’s response to the Fed statement. On the one hand, it was...

There are growing concerns in Europe at what is being seen as an alarming rise in coronavirus cases, with the number of new daily infections...

In the wake of the FOMC meeting last night, dollar purchases increased in the markets, and stock indices began to fall. EURUSD was briefly below...

Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world’s most...