Oil up slightly ahead of long US weekend as peace efforts hold
Oil rose on Friday before a long holiday weekend in the U.S. as wary optimism held over efforts to make peace in the Middle East between the U.S. and Iran.
Dollar heads for weekly drop as jobs data dims Fed hike bets
The dollar was on track for the biggest weekly drop in nearly three months on Friday, after a tepid June jobs report pushed back markets expectations for Fed rate hikes.
CNBC Daily Open: Trump’s children, stock buying spree in the spotlight
Trump gave CNBC an exclusive interview in which he defended the business dealings of his children. And we took a look at his stock market trades last year.
Global stock markets close higher as Europe’s benchmark hits 52-week high: Live updates
Europe’s Stoxx 600 ended Friday higher, following Asia-Pacific markets, as investors continued rotating out of technology stocks.
Trump administration cannot hold migrants without bond hearings past 90 days, court rules
The ruling could affect thousands of migrants detained in Texas, Louisiana and other states under the court’s jurisdiction.
Jack Smith says he’s ‘very concerned what’s going to happen next election’ under Trump
Smith said that he could be indicted by the Department of Justice given Trump’s animus toward him for prosecuting the president in two criminal cases.
Saudi Arabia has ramped up oil shipments through the Strait of Hormuz since U.S.-Iran deal
Saudi Arabia is restarting its export logistics in the Persian Gulf after a three-month pause, according to Kpler.
Dow jumps nearly 600 points to record close; Nasdaq slides as chip stocks suffer: Live updates
The Dow Jones Industrial Average scaled to record highs on Thursday as investors reacted to a weaker-than-expected nonfarm payrolls report for June.
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
