Dollar General shares slump as weak demand, stiff competition prompts forecast cut
Dollar General’s shares slumped 24% on Thursday after slashing its annual sales and profit forecast as the discount retailer battles…
Oil Holds Losses as Slipping Equities Vie With Stockpiles, Libya
Oil steadied after a two-day drop, with stock market losses offsetting a drawdown in US stockpiles and supply disruptions in…
Dollar slips as traders weigh Middle East risks, US rate cuts
The dollar and yen eased on Tuesday, paring some of their safe-haven gains from the start of the week in…
Dollar firm as US data quiets recession worries
The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against…
Oil Surplus Looms If OPEC+ Hikes Supplies, IEA Data Show
Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans…
Gold Advances to Highest in a Week Ahead of US Inflation Data
Gold rose ahead of US economic data due later this week, with traders focused on whether the prints will reinforce…
Oil Heads for Weekly Drop as Demand Woes Offset Middle East Risk
Oil headed for a fourth weekly decline as demand concerns in the world’s two biggest economies overshadowed heightened geopolitical risk.…
Dollar eases as Biden ends re-election bid, drops vs yen
The dollar eased slightly against a basket of currencies on Monday while dropping sharply versus the yen as investors focused…
Oil Recoups Losses as Technicals Add Support, US Stockpiles Drop
Oil rebounded after a three-session drop as technical levels provided a floor for losses and a government report showed another…
Bitcoin Rallies as Trump Optimism Powers Crypto After Shooting
Bitcoin jumped the most in three weeks after Donald Trump’s defiant response to an assassination attempt spurred speculation that the…