U.S. manufacturing output increased solidly in August, boosted by a surge in the production of machinery and other goods, but the outlook for factories remains weak amid rising headwinds from trade tensions and slowing global economies.
CNBC spoke with Uber drivers about how their financial lives are faring.
U.S. e-cigarette maker Juul Labs Inc said on Tuesday its products were not currently available on e-commerce web sites in China, days after it entered the world's single-largest market for tobacco consumption with over 300 million smokers.
Wall Street was mixed on Tuesday as investors awaited a widely expected Fed interest rate cut on Wednesday, while the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded.
Toyota Motor Corp said on Tuesday it was investing $391 million at its truck assembly plant in San Antonio, Texas, as part of the Japanese automaker's plan to invest $13 billion in its U.S. operations over five years through 2021.
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday.
Saudi Aramco chairman Yassir al-Rumayyan said on Tuesday a planned initial public offering (IPO) of the state oil giant would be ready within the coming 12 months and that the kingdom was committed to the listing.
Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output.
The United States believes Saturday's attack on Saudi Arabia's oil facilities originated in southwestern Iran, a U.S. official told Reuters on Tuesday.
Saudi Arabia's oil supply is fully back online after weekend attacks halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September and 12 million bpd by the end of November, the energy minister said on Tuesday.
U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.
U.S. President Donald Trump said on Tuesday he did not think it would be necessary to release oil from the Strategic Petroleum Reserve after attacks on Saudi oil facilities, saying oil prices have not spiked very much.
U.S. President Donald Trump on Tuesday said he is not looking to meet Iranian President Hassan Rouhani during a United Nations event at the end of the month, as tensions between the two countries rise over U.S. accusations Iran was behind an attack on oil plants in Saudi Arabia.
WeWork owner The We Company postponed its initial public offering (IPO) after a lackluster response from investors to its plans, adding to a long list of high profile names that have failed to click as listed companies this year.
Saudi Aramco's Abqaiq processing plants have restored 2 million barrels per day (bpd) of capacity following attacks on Saturday, and they are expected to be back at normal capacity by the end of the month, a company source told Reuters on Tuesday.