Breaking News: Markets

WTI rises as inflation eases

WTI rises as inflation eases

Albert Wagner

An oil pumpjack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images ...

WTI falls as market tracks Tropical Storm Beryl

WTI falls as market tracks Tropical Storm Beryl

Albert Wagner

U.S. crude oil futures fell 1% on Monday as traders assessed the impact of Tropical Storm Beryl on Gulf Coast ...

Airline profits lag even as travel demand breaks records

Airline profits lag even as travel demand breaks records

Mickey Vernon

Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand ...

WTI posts fourth straight weekly gain

WTI posts fourth straight weekly gain

Albert Wagner

U.S. crude oil fell on Friday, but still booked a fourth straight weekly gain as falling inventories show an uptick ...

Mt. Gox begins repaying bitcoin to creditors a decade on from collapse

Mt. Gox begins repaying bitcoin to creditors a decade on from collapse

John Ray

Thomas Trutschel | Photothek | Getty Images The trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ...

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group

Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group

Mickey Vernon

Saks Fifth Avenue store at the Waterside Shops.  John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC ...

Bitcoin (BTC) price slides to 2-month low after Fed meeting minutes

Bitcoin (BTC) price slides to 2-month low after Fed meeting minutes

Lawrence Booth

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price ...

WTI posts fourth straight weekly gain

WTI rises ahead of Fourth of July

Albert Wagner

U.S. crude oil futures on Monday rose more than 2% ahead of the Fourth of July holiday, after booking a ...

Boeing agrees to buy fuselage maker Spirit AeroSystems in .7 billion deal

Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

Bob Elliott

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg ...

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

Albert Wagner

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. ...