Oil futures traded modestly higher on Monday, after a drone attack that killed three U.S. service members in northern Jordan, blamed by the White House on Iran-backed militants, marked a major escalation of tensions in the Middle East. As of Monday, West Texas Intermediate crude for March delivery CL00, -0.41%…

© Reuters. FILE PHOTO: A person holds pharmaceutical tablets and capsules in this picture illustration taken in Ljubljana September 18, 2013. REUTERS/Srdjan Zivulovic/File Photo By Michael Erman and Patrick Wingrove NEW YORK (Reuters) -Drugmakers including Pfizer (NYSE:), Sanofi (NASDAQ:) and Takeda Pharmaceutical plan to raise prices in the United States…

By Miguel Gomes, Ahmad Ghaddar and Alex Lawler LUANDA/LONDON (Reuters) – Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts to prop up oil prices. Angola’s Oil Minister Diamantino…

By Gabriel Burin BUENOS AIRES (Reuters) – The rally in Mexico’s peso will probably lose some steam this year as an expected shift in central bank policy to a less restrictive approach could erode the currency’s attractive rate spread, a Reuters poll showed. In 2023, the peso had its strongest…

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Stocks are poised to open lower in New York on Monday, ahead of the Federal Reserve’s monetary policy decision on Wednesday, the jobs report for January, and a busy week of corporate earnings reports highlighted by big tech companies. At 6:16 p.m. ET on Sunday, Dow Jones Industrial Average futures…

© Reuters. JPMorgan expects non-farm employment to increase by 150,000 in December JPMorgan analysts said in a note to clients that they expect nonfarm employment to have increased by 150,000 in December, with the unemployment rate rising a tenth to 3.8%. Analysts told investors that the labor market has been…

Investing.com — Oil prices fell Thursday after Angola decided to exit the Organization of the Petroleum Exporting Countries (OPEC), pointing to a further weakening in the “OPEC put,” stoking worries about the oil producer cartel’s ability to collectively support oil prices by limiting production.   By 14:30 ET (19:30 GMT), the futures settled…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar was little changed on Friday after a rally in response to mixed data that suggested the world’s largest economy showed pockets of weakness but remained resilient overall. The was flat at 102.43 in afternoon trading after hitting 103.10 in wake of the…

Bitcoin had a stellar 2023 but this year, 2024, has started off rocky. The store-of-value token’s price has tumbled from January’s high of $48,000 to $41,000 in 3 weeks. As investors look for options to stop the bleeding of profits, many are eyeing the new rival, Mollars token. The alternative…