Bloomberg Business

Oil swung between gains and losses as traders weighed additional Russian supplies against further Chinese economic stimulus.

New York City business leaders urged Congress and the Biden administration to provide more money to deal with a flood of 100,000 asylum seekers straining local coffers.

Best Buy Co. rose the most in nine months after executives said that a painful sales slump in consumer electronics and household appliances is showing signs of easing.

Argentina’s central bank expects monthly inflation in August to have accelerated to almost double the pace of July after the government devalued the peso, two officials said in another sign the economy is quickly deteriorating.

Hedge fund Millennium Management hired Benoit Bosc, a former Goldman Sachs Group Inc. oil trader who briefly moved to cryptocurrencies, for a crude-trading role, people familiar with the matter said.

When all else has failed and a publicly traded company has no product and no prospects, it still has one thing that is worth a pot of gold — its listing.

Temperatures along the storm’s predicted track are close to 90F (32C), a prime setup for what’s known as rapid intensification. 

US job openings fell in July by more than expected to a more than two-year low, offering fresh evidence that labor demand is cooling.

US consumer confidence fell by the most in two years as souring views on the labor market, higher borrowing costs and lingering inflation curbed optimism.