Oil at lowest in year following global stock market tumble
Oil fell more than 2 percent on Monday to the lowest in over a year as global stock markets tumbled under pressure from concerns about a U.S. government shutdown and worsening world economy.
Markets far from merry as stock losses extend into eighth day
A gauge of stocks worldwide hurtled toward an eighth straight decline on Monday as investors ignored the U.S. Treasury secretary’s actions to reinforce confidence in the economy and President Donald Trump criticized the Federal Reserve as “the only pr…
U.S. regulators tell Mnuchin nothing out of ordinary in markets: Bloomberg
U.S. regulators assured Treasury Secretary Steven Mnuchin that nothing is out of the ordinary in the financial markets, Bloomberg reported on Monday citing a source familiar with the matter.
Mnuchin to convene ‘Plunge Protection Team’, markets slide
The Trump administration is arranging a phone call on Monday with top U.S. regulators to discuss financial markets as stocks fell again amid concern about slowing growth, the government shutdown and the independence of the Federal Reserve, the Treasury…
Trump says: ‘The only problem our economy has is the Fed’
U.S. President Donald Trump blasted America’s independent central bank on Monday, describing the Federal Reserve as the only problem had by the country’s economy.
Wall Street falls for fourth straight day, with no Santa in sight
Technology stocks led a broad selloff on Wall Street on Monday, as the U.S. government shutdown threatens to spill into the next year and the White House moves into fire-fighting mode amid what is already the S&P 500’s worst December since the Great Depression.
Oil nears 2018 lows as stock markets slide
Oil prices dropped on Monday, nearing their lowest level this year, in line with another decline across global stock markets, which came under pressure from concern about a U.S. government shutdown and a worsening world economy.
Wall Street opens lower in shortened session
U.S. stocks fell at open in a shortened session on Monday, with investors digesting a raft of news from Washington over the weekend amid the benchmark S&P 500’s worst December since the Great Depression.
Oil falls in line with stricken stock markets
Oil fell on Monday, in line with another decline across global stock markets, which came under pressure from concern about a U.S. government shutdown and a worsening world economy.
Norwegian Air shores up its balance sheet
Norwegian Air announced a $230 million cost savings program on Monday along with steps including the refinancing of one Boeing 787 Dreamliner that the budget airline said would generate more than $30 million in liquidity.
