Chinese oil demand is said to be closing in on pre-coronavirus levels. If true, that's a big boon for an oil industry that's still deep in crisis. What happened Shares of independent oil producers are surging on May 18, following word out of China that the country's domestic consumption of oil has recovered much more…
LIVE UPDATESMay 13, 2020, 8:47 p.m. ETMay 13, 2020, 8:47 p.m. ETRight NowUber, in talks to buy Grubhub, raised $900 million to fund acquisitions.Stocks tumble as the Fed chair warns of a prolonged downturn.Stocks slid on Wednesday, Wall Street’s second drop in two days, after the chair of the Federal Reserve warned of dire consequences…
U.S. equity markets rallied Friday despite historic job losses as states forged ahead with reopening plans.The Dow Jones Industrial Average gained 330 points, or 1.38 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 1.12 percent and 0.82 percent, respectively.The U.S. economy lost 20.5 million jobs in April, according…
U.S. equity markets slid Monday as oil crashed to levels last seen in 1998.The Dow Jones Industrial Average fell by as many as 489 points, or 2.02 percent, in the opening minutes of trading before paring its losses. The S&P 500 and Nasdaq Composite were down 1.53 percent and 1.01 percent, respectively, at their lows.TickerSecurityLastChangeChange %I:DJIDOW JONES…
Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.U.S. stock futures are signaling a strong start to Friday's session adding to the momentum seen on Thursday.The Dow Jones Industrial Average soared nearly 900 points or 3.7 percent while the S&P 500 was higher by over 3 percent and the Nasdaq…
U.S.|Grand Juror in Breonna Taylor Case Says Deliberations Were MisrepresentedThe Kentucky attorney general’s office said it would release the panel’s recordings after a grand juror contended in a court filing that its discussions were inaccurately characterized.Breonna Taylor's family and the lawyer Ben Crump, right, said the charges a Kentucky grand jury agreed upon in the…
(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…