US fuel exports hit record in boon for oil companies and threat to Trump
Hormuz closure prompts surge in buying from Asia and Europe
Economic news
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Surging gas prices are hurting lower income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
Morgan Stanley to launch spot crypto trading on E*Trade platform
Wall Street bank becomes one of a handful of big lenders to offer service
PayPal, Mastercard and Visa probed over alleged UK antitrust breaches
Move is rare exercise of Financial Conduct Authority’s competition law powers
Private payrolls rose by 109,000 in April, topping expectations, ADP says
The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.
Oil tumbles on hopes for US-Iran peace deal
Trump says US military campaign will end if Iran ‘agrees to give what has been agreed to’