SINGAPORE - Oil prices extended losses on Monday after the world's top exporter Saudi Arabia slashed crude prices for Asia over the weekend, signalling that global markets are well supplied.
Brent crude futures for November fell 57 cents, or...
The dollar languished near a one-month low versus major peers on Monday, as investors pushed back expectations for when the Federal Reserve will begin tapering its massive stimulus.
The dollar index, which measures the currency against six rivals, edged 0.05% higher to...
Furniture giant Ikea is struggling to supply about 1,000 product lines as a shortage of HGV drivers continues to hit businesses.
The company said the shortage of products, including mattresses at some stores, was down to Covid and Brexit.
Californians traveling this weekend can expect high gas prices as summer travel demands are still elevated.
Travelers can expect to spend around $4.39 per gallon for regular gas, according to the Los Angeles Times, which is up from the...
The abrupt slowdown in job growth last month could derail the Federal Reserve's plan to start unwinding its easy-monetary policies at its September policy meeting amid signs the highly contagious delta variant is weighing on the labor market's recovery from the pandemic.
Elon Musk told employees that he agrees with Ark Invest that Tesla (TSLA) is worth $3,000 a share “if they execute really well.”
The CEO has often commented on Tesla’s stock price, but surprisingly, it was often to say...
Boeing’s delivery of 787 Dreamliners will likely remain halted until at least late October as the U.S. Federal Aviation Administration has rejected the company’s recent proposal to inspect them, The Wall Street Journal reported on Saturday.
The FAA confirmed...
Shares of Didi posted near double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubled ride-hailing giant under state control by acquiring a stake through government-run firms.
State-owned Beijing Tourism...
The CEO of real estate brokerage Redfin told CNBC on Friday he believes there has yet to be a serious reckoning among U.S. homebuyers about the dangers climate change presents.
“The buyers just keep marching into the jaws of...
Employers added 235,000 jobs in August, far below expectations of 720,000 new hires, and the unemployment rate dipped slightly to 5.2%, the Department of Labor said Friday.
The fresh labor market data comes as the spread of the more...
