Oil up 3%, recouping some losses from Trump tariffs comments
Oil prices were up 3% on Friday, a partial rebound from their biggest daily drop in several years on U.S. President Donald Trump's vow to impose more tariffs on Chinese imports.
Oil prices were up 3% on Friday, a partial rebound from their biggest daily drop in several years on U.S. President Donald Trump's vow to impose more tariffs on Chinese imports.
India's biggest automaker, Maruti Suzuki India Ltd , said it had cut the number of its temporary workers to cope with a slowdown in auto sales, adding to the jobless problem in Asia's third largest economy.
China on Friday vowed to fight back against U.S. President Donald Trump's abrupt decision to slap 10% tariffs on the remaining $300 billion in Chinese imports, a move that ended a month-long trade truce.
Wall Street extended its sell-off on Friday as renewed U.S.-China trade jitters and a slowdown in job growth put all three major U.S. stock indexes on pace for their worst week since December, when markets hit their trough amid recession fears.
A group of 12 states led by California and New York on Friday challenged the Trump administration's decision to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers that fail to meet fuel efficiency requirements.
A measure of stocks across the globe was on track to post its largest weekly loss of the year on Friday while yields in U.S. and German debt were near multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs.
Oil prices gained about 3% on Friday a day after recording their biggest daily drop in several years on U.S. President Donald Trump's vow to impose more tariffs on Chinese imports.
One in 5 American adults spend more time planning their vacations than managing their finances, according to MyBankTracker.com.
Viacom Inc and CBS Corp have worked out a management structure that would see Viacom Chief Executive Officer Robert Bakish leading the combined company if it reaches a deal to merge, sources familiar with the matter said.
Wells Fargo & Co said on Friday that it boosted its estimate for a possible legal reserve shortfall to $3.9 billion for the quarter ending June 30, from $3.1 billion earlier this year, according to a regulatory filing.
Apple Inc and Alphabet Inc's Google have globally suspended reviewing recordings from users interacting with their voice assistants, as concerns over data privacy mount.
Plains All American Pipeline LP said on Friday it will tack on a fee for users of a new oil pipeline to pay for the cost of the Trump administration's tariffs on imported steel, with analysts and traders calling it the first U.S. energy pipeline operator to do so.
U.S. Transportation Secretary Elaine Chao granted tentative approval on Friday for an expanded transatlantic joint venture made up of Delta Air Lines Inc , Air France KLM SA and Virgin Atlantic.
President Donald Trump said on Friday China has to do a lot in order to turn things around in trade negotiations with the United States and that he can increase tariffs on Chinese goods.
Wall Street extended its sell-off on Friday amid renewed trade fears, capping a week where the benchmark S&P 500 index and the Nasdaq saw their worst weekly percentage plunges since December, when investors were spooked by the prospect of a looming recession.