An escalating conflict in the Middle East has thrust the world's most important oil artery back into the global spotlight.…
Tag: Source : CNBC
Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifies
Power generation and insurance stocks are moving as Hurricane Milton heads toward Florida. ...
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard's stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand…
Trump holds Pennsylvania rally at same venue of first assassination attempt, joined by Musk, Vance
Elon Musk spoke at Donald Trump's second Butler rally, marking the latest sign of support in their growing alliance. ...
U.S. ports start 100-day countdown clock to new strike, and automation is poised to be the dealbreaker
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union…
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns. ...
Here’s everything to expect when the September jobs report is released Friday
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of…
Port strike ends as workers agree to tentative deal on wages and contract extension
The strike was the first by the ILA since 1977, and it impacted port operations at 36 different ports, including…
The East and Gulf coast ports strike could be a no-win situation for the Biden administration
President Biden is sticking to his position of not forcing striking port union workers back on the job, a political…
Levi Strauss trims guidance as it weighs sale of Dockers business
Denim-maker Levi Strauss is looking to sell its Dockers brand as the khaki maker drags down the company's overall performance.…
Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Manufacturers of everything from trucks to toys to artificial Christmas trees face obstacles now that the ILA has called a…
China’s stock surge has echoes of the 2015 bubble. What’s different this time
The rocket up in Chinese stocks so far looks different from the market bubble in 2015, analysts said. ...