The pound was weaker but pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its planned exit from the European Union, while global stock markets edged up.
Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.
Kering's Gucci brand and Italian jacket maker Moncler joined other luxury labels on Thursday in easing fears of a major third quarter sales hit from protests in Hong Kong, as they benefited from brisk business across the rest of Asia.
You probably monitor your investments to see if they're in the red or green. You might not realize that they could have hidden leanings toward red or blue, as in Republican or Democrat.
Two former Deutsche Bank AG traders will not serve any prison time for conspiring to manipulate the Libor benchmark interest rate between 2005 and 2011, a federal judge ruled on Thursday, sharply criticizing U.S. prosecutors for treating the two men as "proxy wrongdoers" for a much larger scheme.
The performance of the U.S. economy has been a solid clue to the outcome of past presidential elections.
The Federal Reserve Bank of New York is boosting the size of the cash injections it can make into overnight borrowing markets.
American Airlines Group and Southwest Airlines posted quarterly profit increases on Thursday even as the two U.S. carriers pointed to a rising cost impact from the continued grounding of Boeing 737 MAX.
"I think the shorts are going to be forced to cover as time goes on," says Ark Investment Management founder and CEO Catherine Wood.
Wall Street's heavy hitters are back in Saudi Arabia but the terms of engagement have changed.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling out 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online as a precautionary measure.
American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX.
The benchmark S&P 500 edged higher on Thursday as strong results from Microsoft Corp and PayPal Holdings Inc offset dour results from 3M Co and Twitter Inc .
The pound pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its exit from the European Union, while global stock markets edged up.
Square is getting into stock trading.