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SlavkoSereda/iStock via Getty Images Crude oil futures settled higher on Friday but fell for the week as the market digested bullish U.S. inventory data and Federal Reserve Chairman Jerome Powell delivered his speech. Strongest signal…

British Steel is set to close its blast furnaces in Scunthorpe by the end of the year, putting 2,500 jobs at risk. The move comes as the Chinese-owned company seeks to accelerate its transition to green steel production, despite…

Mohamed El-Erian said traders are overestimating the chances of the US Federal Reserve making sharp interest rate cuts before the end of the year. “It’s problematic in my mind that the market is pricing in a lot of price cuts right…

Minutes of the July 30-31 Federal Open Market Committee meeting indicated that a “substantial majority” of members believed it was “likely appropriate to ease policy at the next meeting.” Although policymakers agreed to keep interest…

Markets:Gold falls $2 to $2511The yield on the 10-year US Treasury note fell 2 basis points to 3.79%.West Texas Intermediate crude fell $1.26 to $71.92.S&P 500 rises 0.4%Sterling advances, dollar lagsThe weaker dollar was the main theme…

(Bloomberg) -- Stocks rose and bond yields fell as the Federal Reserve’s latest minutes and a big downward revision to U.S. payrolls bolstered bets that officials will cut interest rates in September.Most Read from BloombergThe S&P 500…

By Nora Eckert Ford Motor Co said Wednesday it has scrapped plans to launch a three-row electric SUV and postponed the launch of a new electric version of its best-selling F-150 pickup truck, the latest delay by the U.S. automaker as it…

Most Asian currencies were steady on Wednesday with the Japanese yen slightly weaker after a strong rally earlier this week, while continued bets on a U.S. interest rate cut saw the dollar fall to seven-month lows. The strength in the yen…

Investing.com - The U.S. dollar fell on Tuesday, approaching a seven-month low amid growing conviction that the Federal Reserve will cut interest rates in September. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback…

Bank of America (BofA) reported a growing consensus against the US dollar, with significant selling last week. Investors in both the US and Europe have been net short on the dollar over the year. Demand for US dollar put options has…