Business

Business Briefs – September 19, 2019

U.K. Top Court Aims to Rule Next Week on Parliament Shutdown LONDON (AP) – British Prime Minister Boris Johnson was accused by one of the country’s former leaders of obstructing…

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Business Briefs – September 18, 2019

Oil Price Drops for 2nd Day Despite Heightened Gulf Tensions NEW YORK (AP) – Oil prices retreated even as the Saudi military blamed Iran for recent attacks to critical oil…

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Fed Cuts Key Interest Rate Again

The Federal Reserve is cutting rates for a second time this year while saying it’s prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The…

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Dollar Edges Higher Before Fed Decision

The dollar held near a seven-week high against the Japanese yen on Wednesday before the outcome of a Federal Reserve meeting where officials are widely expected to cut interest rates…

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Business Briefs – September 16, 2019

Oil Prices Jump as Attack on Saudi Plant Jolts Supply NEW YORK (AP) – Global energy prices spiked Monday by 14% after a weekend attack on key oil facilities in…

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UAW Strikes, Says GM’s Offer Came Too Late

A strike by over 49,000 United Auto workers against General Motors could have been averted had the company made its latest offer sooner, the union’s top negotiator said in a…

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Asian Markets Mixed as Oil Prices Surge

Asian stock markets were mixed Monday after crude prices surged following an attack on Saudi Arabia’s biggest oil processing facility. Hong Kong’s benchmark tumbled 1% while Seoul advanced and Shanghai…

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