Sunday, August 9, 2020
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Oil mixed as demand worries offset gains from output cut deal

NEW YORK (Reuters) - Oil prices were mixed on Monday, as the historic production-cut deal inked by major global oil producers was not enough...

New York order spooks Wall Street, offsets calm from policy efforts

NEW YORK (Reuters) - Wall Street retreated on Friday after New York ordered residents to stay home, rattling investors who had welcomed this week's...

Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor...

NEW YORK (Reuters) - Oil prices fell below $30 a barrel on Monday after the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears...

Markets crater as coronavirus fears overwhelm central bank emergency measures

NEW YORK/LONDON (Reuters) - Markets reeled on Monday, with stocks on Wall Street and the price of Brent crude tumbling more than 10%, as...

As Wall Street reels, veterans recall ’87 while the young look...

(Reuters) - As U.S. financial markets reel from a week of historic swings, industry veterans are drawing on memories from their earliest years on...

Take Five: Panic stations

(Reuters) - 1/TAPPING THE FED Recent blowouts in dollar swap prices are a sign economic lockdowns across the world are starting to...

As coronavirus chaos spreads globally, Trump declares U.S. emergency

WASHINGTON/GENEVA (Reuters) - President Donald Trump declared a U.S. national emergency over the quickly spreading coronavirus on Friday, opening the door to more government...

U.S. weekly jobless claims fall; producer prices weak

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefit unexpectedly fell last week, but could rise in the coming weeks as the...

Facebook sales grow as users tick up; Zuckerberg defends political ads

(Reuters) - Facebook Inc () reported an uptick in users in lucrative markets and its third straight rise in quarterly sales growth on Wednesday,...

Peugeot, FCA accelerate merger talks: sources

MILAN/PARIS (Reuters) - The boards of French automaker Peugeot SA() and Fiat Chrysler Automobiles NV () () on Wednesday agreed to pursue a $50...