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Oil prices rise on hopes of U.S. rate cuts boosting fuel demand

Oil prices rose on Thursday, recovering some of the previous day's loss, on hopes of potential U.S. interest rate cuts boosting economic activity and…

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business

Dollar soft as ebbing U.S. inflation sets the stage for rate cuts

The dollar was on the back foot on Thursday, with the euro perched near an eight-month high after data showed U.S. inflation was slowing, underpinnin…

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business

European markets set to open higher as investors digest cooler-than-expected inflation data

Shoppers walk along the high street in Rochester, UK, on Tuesday, July 16, 2024. LONDON — European stocks are expected to open higher Thursday as in…

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business

Gold ticks up, traders eye U.S. retail sales data

Gold bullion bars are seen for sale at Manfra, Tordella and Brookes, Inc. January 9, 2003 in New York City. Gold prices inched up on Thursday after …

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