Governments and traders spent Monday assessing the energy fallout from the expanding war involving Iran, as disruption around the Strait of Hormuz renewed fears over one of the world’s most important oil corridors. Since the conflict began on Feb. 28, tanker traffic through the strait has largely stalled, raising concern that a prolonged interruption could restrict supply well beyond the…
World share markets traded in different directions on Thursday as investors weighed a recent Wall Street rally against fresh economic data and the looming Thanksgiving holiday in the United States. European benchmarks were broadly steady after a positive session in most major Asian markets, while U.S. equity futures suggested a muted open later in the day. Futures tied to the…
Campbell Soup Company has placed one of its senior technology executives, Martin Bally, on leave while it investigates a lawsuit alleging that he mocked the company’s products and customers and made racist remarks during a recorded conversation with a subordinate. The company said the alleged comments, if confirmed, are “unacceptable” and inconsistent with its corporate values and culture. According to…
Sales at U.S. retailers and restaurants in September increased by a modest 0.2% from August, according to the Commerce Department’s delayed monthly report, released after the federal government shutdown temporarily halted the publication of economic data. The rise marked a clear downshift from the stronger gains of 0.6% recorded in both July and August, and the 1% jump in June,…
At Old Brick Farm in Chelsea, Michigan, farmer Larry Doll has watched a national disease crisis unfold while his own barns stayed healthy. His family’s operation, founded in 1864, escaped recent waves of highly pathogenic bird flu and avian metapneumovirus that have swept through U.S. flocks, killing more than 2 million turkeys in the past three months and pushing the…
Screens filled with red numbers have become a familiar sight for traders in recent sessions, as major equity benchmarks swing sharply in response to shifting expectations for growth, inflation and interest rates. In the United States, the Dow Jones Industrial Average recently dropped nearly 500 points, while the S&P 500 and Nasdaq Composite also posted losses of around 1% in…
Sales of previously occupied U.S. homes picked up in October 2025, reaching their quickest pace since February as easing borrowing costs lured more buyers back into the market. Existing home sales rose 1.2% from September to a seasonally adjusted annual rate of 4.10 million units, according to the National Association of Realtors (NAR). That slightly beat economists’ expectations for about…
