Stock futures mixed as traders await latest economic figures

Fox Business Flash top headlines for May 27 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below U.S. equity futures are pointing to a mixed open as traders brace for the latest reading on GDP and also […]

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Stock futures continue rally as economic activity resumes

Stocks soar on coronavirus vaccine hopes, reopening optimism FOX Business’ Lauren Simonetti explains why the stocks surged after hearing news about potential coronavirus vaccines and some of the harder hit transportation stocks and travel companies rallied as well. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below U.S. equity futures […]

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US closes probes into 3 senators over their stock trades

Fox Business Flash top headlines for May 26 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below The Justice Department has closed investigations into stock trading by Sens. Dianne Feinstein of California, Kelly Loeffler of Georgia and […]

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Brazil Toughens Rules to Avoid U.S.-Style Disruptions

Brazil, the biggest exporter of beef and chicken, is betting on a new set of safety standards to avoid the kind of mass processing disruptions that caused meat shortages and price spikes in America. The South American farming giant plans to introduce new national guidelines that incorporate requirements from local authorities and labor prosecutors, Agriculture Minister Tereza Cristina Dias said […]

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Singapore Dollar Looks Vulnerable Even as Economy Opens Up

Singapore’s currency looks set to remain under pressure as global headwinds outweigh the benefits of an easing in the nationwide lockdown. The U.S. dollar-Singapore dollar pair has failed to break below technical support at its one-month low, suggesting its next move could well be higher. Data this week is expected to show the nation’s economy contracted 1.8% y/y in the […]

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Oil’s Sudden Rebound Is Exposing the Achilles’ Heel of Shale

Oil prices have surged more than 75% in the U.S. this month. But don’t expect a quick rebound in supply from shale explorers. The quick turnaround in oil markets is exposing the shale industry’s big weak spot: Lightning-fast production declines. Shale gushers turn to trickles so quickly that explorers must constantly drill new locations to sustain output. And they haven’t […]

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Hong Kong police fire tear gas, water cannon at protesters

Fox Business Flash top headlines for May 23 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. HONG KONG (AP) — Hong Kong police fired tear gas and a water cannon at protesters in a popular shopping district on Sunday, as thousands took to the streets to march against China's proposed tough national security legislation for […]

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Putin Orders Support for Russia’s Oil Industry Amid OPEC+ Cuts

Russian President Vladimir Putin gave his government until June 15 to come up with a plan to support the country’s oil industry while output is slashed under an agreement among the world’s main producers. Putin ordered ministers to work out “special rates” that pipeline operator Transneft PJSC and Russian Railways JSC will charge for transporting crude and petroleum products while […]

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Best Buy beats first-quarter expectations amid coronavirus in-store closures

Coronavirus survivors will be companies already embracing tech: Janice Bryant Howroyd ActOne Group CEO and founder Janice Bryant Howroyd argues coronavirus has led to a ‘reexamination’ of how work is performed. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below Best Buy Co. reported lower first-quarter sales and earnings after […]

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