By Nicole Jao NEW YORK (Reuters) -Oil prices slumped more than 2% on Friday on investor skepticism about the depth of OPEC+ supply cuts and concern about sluggish global manufacturing activity. Brent crude futures for February settled down $1.98, or 2.45%, at $78.88 a barrel. U.S. West Texas Intermediate crude futures (WTI) dropped $1.89, or […]

By Sheila Dang (Reuters) – (Note strong language in paragraphs 1 and 9-11) Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to “Go fuck yourself” in a fiery Wednesday interview. His profanity-laced remarks followed a moment of contrition in a New York Times DealBook Summit interview. Musk […]

By Shariq Khan BENGALURU (Reuters) – Oil prices rose more than $1 a barrel on Wednesday as investors focused their attention on expectations of fresh supply cuts from OPEC+ and looked past a jump in U.S. crude, gasoline and distillate stockpiles. Brent crude futures advanced by $1.42, or 1.7%, to settle at $83.10 a barrel, […]

By Arriana McLymore and Deborah Mary Sophia NEW YORK (Reuters) -A record amount of price-pinched holiday shoppers are expected to use buy now, pay later services for Cyber Monday to relieve stress on their wallets, according to Adobe Analytics. Shoppers are slated to spend between $12 billion and $12.4 billion online on Monday, with $782 […]

(Reuters) -Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, the first Monday after the Thanksgiving holiday, is set to be the biggest U.S. online shopping day of the year as […]

By Ateeq Shariff (Reuters) – Stock markets in the Gulf ended lower on Sunday in response to Friday’s fall in oil prices, although the Saudi index bucked the trend to trade higher. Oil – a catalyst for the Gulf’s financial markets – fell on Friday as the release of some hostages in Gaza reduced the […]

By Siddharth Cavale, Katherine Masters and Arriana McLymore NEW YORK/RALEIGH, N.C. (Reuters) -Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and household goods in the kickoff to the holiday shopping season crucial to big retailers. Brokerage TD Cowen lowered its […]

By Stephen Culp NEW YORK (Reuters) -U.S. stocks ended higher on Wednesday, led by interest rate-sensitive megacaps, while the dollar bounced back from a 2-1/2-month low as economic data suggested the labor market is not cooling as quickly as markets, or the Federal Reserve, might prefer. All three major U.S. stock indexes ended up ahead […]