Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
The deal between the White House and Democrats would raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week.Marketsread more
At Rockets of Awesome, Scott Turner will be a senior vice president responsible for digital and marketing. He'll report to founder Rachel Blumenthal, wife to Warby Parker...Retailread more
"Even a 50-basis point reduction would still keep the Fed funds rate well above zero," Shelton told The Washington Post in an email.The Fedread more
The stocks of several utilities opened lower, after weekend power outages during a major heat wave and from severe storms.Market Insiderread more
Also in Epstein's address book is supermarket mogul Ron Burkle, Chelsea Clinton, former Secretaries of State Henry Kissinger and John Kerry, and media titan Rupert Murdoch,...Politicsread more
Free stock-trading start-up Robinhood is now valued at $7.6 billion after closing its most recent late-stage funding round.Financeread more
* Oil falls more than 0.5%
* U.S. stockpiles fall by less than expected
* Signs of global slowdown raise market concerns
* But supply cut pact by OPEC and allies tightens supply (Updates prices)
LONDON, July 4 (Reuters) - Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy.
Front-month Brent crude futures, the international benchmark for oil prices, were down 31 cents or 0.49% at $63.51 per barrel by 1320 GMT. Brent closed up 2.3% on Wednesday.
U.S. West Texas Intermediate (WTI) crude futures were down 51 cents or 0.89% at $56.83 per barrel. WTI closed up 1.9% on Wednesday.
Markets appeared largely unmoved by the detention in Gibraltar by British Royal Marines of a supertanker possibly carrying Iranian crude oil bound for Syria, as tensions between Iran and the United States have flared over mysterious attacks on tankers in the Gulf of Oman in recent months.
"Gains were capped by the Energy Information Administration (EIA) reporting a weekly decline of 1.1 million barrels in crude stocks, versus the 3 million barrels forecast by analysts and 5 million barrels reported by the API a day earlier," Cantor Fitzgerald Europe said.
"Also providing headwinds were signs of a recovery in oil exports from Venezuela in June and growth in Argentinian output in May," it added.
U.S. inventories fell less than expected as U.S. refineries last week consumed less crude than the week before and processed 2% less oil than a year ago, the EIA data showed, despite being in the midst of the summer gasoline demand season.
That suggests oil demand in the United States, the world's biggest crude consumer, could be slowing amid signs of a weakening economy. New orders for U.S. factory goods fell for a second straight month in May, government data showed on Wednesday, adding to the economic concerns.
The weak U.S. data followed a report of slow business growth in Europe last month as well.
"Tossing aside the short-term nature of fluctuations around the inventory data, it's impossible to escape the economic reality that we are in the midst of a global manufacturing downturn," said Stephen Innes, managing partner, Vanguard Markets.
Some analysts, however, believe the global economy remains robust and that demand is likely to be strong.
"The Shanghai Composite Index is around the same level as when Donald Trump occupied the White House. It is also worth remembering that global GDP growth, albeit revised down lately by the IMF, is still expected to be a healthy 3.3% this year and 3.6% in 2020. Fears of recession? What recession?" wrote PVM's Tamas Varga.
Uncertainty over demand, however, was offset slightly by the outlook for global supply.
Output will stay limited as the Organization of the Petroleum Exporting Countries and other producers such as Russia, a group known as OPEC+, agreed on Tuesday to extend oil production cuts until March 2020. (Additional reporting by Colin Packham; editing by David Evans, Elaine Hardcastle and Alexandra Hudson)