Oil prices fell by 2.5% as a bigger-than-expected rise in U.S. gasoline inventories worried markets about demand.
Read More Oil drops on demand worries after US gasoline inventories swell
Tag: economic growth
US job openings hit more than 2-1/2-year low as labor market cools
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
Read More US job openings hit more than 2-1/2-year low as labor market cools
Wall St edges higher as investors digest cbank comments
Wall Street’s main indexes inched higher on Wednesday as investors parsed earnings reports and comments from Federal Reserve officials.
Read More Wall St edges higher as investors digest cbank comments
Fed set to hold rates steady despite US economy’s bullish tone
Fed’s policy rate likely to remain in 5.25%-5.50% range as US economy has defied expectations of a slowdown.
Read More Fed set to hold rates steady despite US economy’s bullish tone