OPEC Production Slumps as Voluntary Cuts Bite
The group accelerated its efforts to tighten the oil market as a handful of the group’s largest members sharply slashed output as […]
China’s Central Bank Moves to Shore Up Recovery
Unexpected trim in key lending rate likely heralds further steps to stimulate China’s economy.
AR Is Coming to the OR
Startups are designing augmented-reality systems to give doctors ‘X-ray vision’ into patients on the table. Medivis has a system cleared for planning […]
Pentagon Trying to Get Weapons to Allies Faster
Pentagon planning to train military officials who help with foreign weapons sales in an effort to cut red tape and speed up […]
U.S. Small-Business Confidence Improves Amid Inflation, Labor Quality Concerns
Confidence among U.S. small-business owners improved in the month of May, even though inflation returned to be their top operational concern, followed […]
China Banks’ Loan Issuance Misses Expectations
Banks’ new yuan loan issuance for May missed market expectations as the Chinese economy’s postpandemic recovery lost steam.
U.S. Troops Injured in Syria Helicopter Incident
Twenty-two members of the U.S. military were injured in a helicopter incident in northern Syria over the weekend, U.S. Central Command said.
Metals Prices Push Higher Ahead of U.S. Inflation Data
Base metals and gold prices rose in early London trading, as investors looked to U.S. inflation data, but strong economic activity suggests […]
Sterling Could Remain Supported in Near-Term After UK Jobs Data
Sterling should remain supported in the near-term after data showed “ultra-tight” U.K. labor market conditions, ING said, adding that sticky wage inflation […]
Oil Gains as Fed Meeting Set to Begin
Oil prices recovered some of their steep previous-session losses, with investors eyeing Wednesday’s Fed decision for broader economic projections and crude demand […]
In Men’s Watches, the Last Frontier: Ladies’ Watches
As worn by Bad Bunny, the Weeknd and Timothée Chalamet, watches designed for women are a new fad in menswear.
Stock Market Bulls See Room to Run
Sentiment is improving ahead of the release of key economic data and the Fed’s interest-rate decision.