Oil rises on U.S. stock decline, Mideast tensions
Oil prices rose 1% on Wednesday, supported by a sharp fall in U.S. crude stocks and tensions over Iran, but concern about global oil demand capped further gains.
Oil prices rose 1% on Wednesday, supported by a sharp fall in U.S. crude stocks and tensions over Iran, but concern about global oil demand capped further gains.
BMW Group said on Wednesday it would double its production capacity for electric vehicle batteries at its U.S. plant in South Carolina as it ramps up manufacturing of plug-in hybrid vehicles to include the X3 vehicle in addition to the X5.
Demand for quicker delivery powered a second quarter that beat Wall Street expectations.
After Apple's 30% surge this year so far, the tech giant still has room to run with the upcoming earnings release likely to push the stock higher, Evercore ISI said.
Retirees face two competing forces: Lower rates on their "safe money" and a stock market that's becoming overheated. Here's where older investors are searching for yield.
U.S. indexes were off their session lows on Wednesday as a rally in semiconductor stocks on reassuring comments from Texas Instruments on global chip demand blunted the impact of weak earnings from bellwethers Boeing and Caterpillar.
EBay Inc said on Wednesday it would launch warehousing and shipping service for merchants selling through its platform starting next year, a new strategy that is expected to attract more sellers to the e-commerce platform.
Hilton Worldwide Holdings Inc cut its full-year outlook for a key revenue measure on Wednesday, citing a slowing global economy which was weighing on spending plans of businesses, sending the U.S. hotel operator's shares down as much as 2.8%.
EBay Inc said on Wednesday it would launch a warehousing and shipping service for merchants selling through its site starting next year, a new strategy that is expected to attract more sellers to the e-commerce platform.
The benchmark S&P 500 index hovered near record levels on Wednesday as semiconductor stocks rallied on reassuring comments from Texas Instruments on global chip demand and blunted the impact of weak earnings from bellwethers Boeing and Caterpillar.
Caterpillar Inc's earnings on Wednesday missed Wall Street's estimates, hurt by a combination of weak sales in China and higher production and restructuring costs, sending its shares lower.
Retirees face two competing forces: Lower rates on their "safe money" and a stock market that's becoming overheated. Here's where older investors are searching for yield.
A flush 401(k) is just one thing you'll need to cover your retirement costs. Sock some money into Roth accounts and your taxable accounts to help trim taxes in the future.
One strategist thinks this bull market could end as focus shifts away from millennials and onto Gen Z.
The Nasdaq hit a record high on Wednesday and the S&P 500 was close behind as reassuring comments from Texas Instruments about global chip demand blunted the impact of weak earnings reports from Boeing and Caterpillar.