NEW YORK, Aug 18 (Reuters) - Oil prices gained about 3% on Thursday as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries cou… [+3302 chars]
Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central banks policy meeting next month and added he isnt ready to… [+327 chars]
The FDA on Wednesday approved Zynteglo, a gene therapy from Bluebird Bio that treats patients with the blood disorder beta-thalassemia. Why it matters: The one-time treatment which helps patients w… [+958 chars]
Image: Dodge For those bemoaning the imminent demise of Dodges gas-powered muscle cars, the automaker has a message: fear not the future, for it is electric. Dodge revealed its first electric musc… [+4773 chars]
Cisco Systems' (CSCO) issued better-than-expected fiscal 2023 revenue guidance sending CSCO stock up on Thursday. But analysts debated the outlook for profit margins as supply chain issues ease. XAm… [+3825 chars]
Papa John’s is introducing new all-toppings, no-crust “pizza bowls” — and social media is having none of it. The Indiana-based restaurant chain plans to roll out “Papa Bowls” nationwide next week. … [+2373 chars]
Turkish President Tayyip Erdogan arrives for a NATO summit in Madrid, Spain June 29, 2022. Turkey's central bank shocked markets Thursday with a cut to its benchmark policy rate, despite inflation i… [+4529 chars]
Penn Entertainment is taking over the rest of Barstool Sports. The casino operator took full control of the sports website founded by the controversial media tycoon Dave Portnoy, according to a US … [+1693 chars]
When Walmart (WMT -0.37%) cut its guidance three weeks ago, it sent shudders through the market. The S&P 500 fell more than 1%, and investors saw it as the latest sign that the economy was slum… [+3514 chars]
Fast-food giant Taco Bell is delving deeper into plant-based meat with a new test launch of vegan beef. Starting today, approximately 50 locations in Birmingham, AL will offer the chain’s proprietary… [+4964 chars]
The numbers: The number of people who applied for unemployment benefits dipped to 250,000 in mid-August, suggesting that layoffs remain very low and the U.S. economy is still expanding.Initial jobles… [+2616 chars]
Sales of previously owned homes fell nearly 6% in July compared with June, according to a monthly report from the National Association of Realtors. The sales count declined to a seasonally adjusted … [+2690 chars]
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