Business

Benchmarks jump more than $1/bbl to highest since October 2014Middle East tensions add to supply concernsOPEC sees well supported oil market in 2022, despite OmicronGoldman expects crude inventories to drop to lowest since 2000NEW YORK,…

U.S. stock futures fell and bond yields hit two-year highs, intensifying investors’ fears that rising interest rates will set back the large technology stocks that have come to dominate markets. Futures…

Visitors watch a flag-raising ceremony as the sun rises at Tiananmen Square, on the founding anniversary of Chinese Communist Party, in Beijing, China July 1, 2018. REUTERS/StringerRegister now for FREE unlimited access to…

Bitcoin’s (BTC) sudden crash on Jan. 10 caused the price to trade below $40,000 for the first time in 110 days and this was a wake-up call to leveraged traders. $1.9 billion worth of long (buy) futures contracts were liquidated that…

A Southwest Airlines plane approaches to land at San Diego International Airport as U.S. telecom companies, airlines and the FAA continue to discuss the potential impact of 5G wireless services on aircraft electronics in San Diego,…

Amazon says it will continue to accept payment in the UK from Visa credit cards, reversing a decision to ban the cards that was announced last November and due to kick in this week on Wednesday, January 19th. In an email to…

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterBrent, WTI add to gains…

António Horta-Osório has resigned as chair of Credit Suisse after a board investigation found that he had breached coronavirus quarantine rules more than once.The former chief executive of UK-based Lloyds Banking Group had been in…

Netflix has raised its monthly subscription price by $1 to $2 per month in the United States depending on the plan, the company said on Friday, to help pay for new…

The state’s electronic data collection system for COVID-19 cases has become overwhelmed by the number of test results that it is trying to process. As a result, state health officials say they will stop processing negative test results…