Oil advances as geopolitical tensions offset slack demand
Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global economic growth outlook amid the U.S.-China trade war capped gains.
Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global economic growth outlook amid the U.S.-China trade war capped gains.
Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.
American delivery firm FedEx Corp likely withheld more than 100 packages of Huawei, a report said, while the Chinese tech giant also blamed U.S.-listed Flex for seizing its goods, as Sino-U.S. tensions further strain business ties.
European stocks staged a tentative recovery on Friday as solid earnings at several U.S. companies helped investors overcome the disappointment of the European Central Bank's failure to deliver immediate policy easing.
Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the U.S.-China trade war capped gains.
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.
Alphabet Inc on Thursday acknowledged a broader U.S. Department of Justice antitrust review of large technology firms and said it will continue to engage with the regulator.
Twitter Inc posted better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content, sending its shares up nearly 5%.
Robust earnings from Google-owner Alphabet and Intel lifted U.S. stock index futures on Friday, as investors await data that is widely expected to show that the domestic economy grew at its slowest pace in over two years in the second quarter.
Huawei Technologies [HWT.UL] on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with its own Hongmeng operating system.
If a soon-to-be retiree wants to put off taking Social Security to let those benefits grow, a specific type of annuity sometimes can help.
U.S. economic growth in 2018 missed the Trump administration's 3% target by any measure, which could renew criticism of the White House's $1.5 trillion in tax cuts.
McDonald's Corp beat quarterly sales expectations at established U.S. restaurants on Friday, as the world's largest burger chain benefited from remodeled stores and new deals, including the 2 for $5 Mix and Match offer.
Here are the biggest calls on Wall Street on Friday
Retirement savings gets an assist from an app that shows you your future self.