The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a month-long truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
In advance of Amazon's earnings report on Thursday, Craig Johnson says the stock chart is pointing to big gains. Mark Tepper also likes the stock.Trading Nationread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Stocks rose at the open on Tuesday as investors cheered strong quarterly numbers from companies like Coca-Cola and United Technologies.US Marketsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Brent crude oil rose for a fourth straight session on Friday, heading for its first weekly gain since February, on promising U.S. economic data and concern that possible Western sanctions on Russia's energy sector could disrupt global supplies.
The United States and NATO have voiced alarm over what they say are thousands of Russian troops massed near its western border with Ukraine. Russian President Vladimir Putin has reserved the right to send troops into Ukraine, home to a large population of Russian-speakers in the east.
was up 20 cents near $108 a barrel. U.S. crude finished the session up 39 cents at $101.67, extending the previous session's rally. The U.S. benchmark was aided by a continued drawdown in oil stocks at Cushing, the pricing point for the U.S. benchmark.
West Texas Intermediate rose for its third session on data showing consumer spending increased in February, lifted by an increase in services consumption, news that also buoyed the U.S. equities markets. However, a dip in consumer sentiment this month offered confirmation that economic growth slowed in the first quarter.
WTI rose over $2 over the past two sessions, and is up 2.3 percent on the week. Brent crude is up nearly 1 percent on the week, after 4 consecutive weeks of losses as it retreated from February's gains on the back of events unfolding in Ukraine.
Oil prices also continued to draw support from the Ukraine crisis, with the United States and the European Union agreeing to work together to prepare tougher economic sanctions in response to Russia's behaviour in Ukraine and to make Europe less dependent on Russian gas.
Russia is the world's top oil producer.
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