The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Economic data is back in focus after the Fed came out cooing like doves when markets expected a full-throated hawkish tone in the minutes of its last meeting.
The July minutes Wednesday afternoon showed a divided Fed, worried about inflation and split over the strength of the economy. That now makes December its best and probably only chance for a rate hike this year, strategists said.
It also points markets back to the economic data, and on Thursday there are weekly jobless claims at 8:30 a.m. EDT and the Philadelphia Fed survey on mid-Atlantic business activity. Leading indicators are reported at 10 a.m. Jobless claims have been a particularly strong series for the economy, which has also seen a pickup in hiring since an unusually soft employment report in May. But other data is less consistent recently, including consumption after unexpectedly flat July retail sales.