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Small-Business Optimism Index Rises to Near Record

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Optimism among U.S. small-business owners rose in November, reaching the highest level in more than three decades, according to a report released Tuesday. Business owners said they expect business conditions to improve in the next six months.

Unemployment Back to Precrisis Level in Rich Countries

The rate of unemployment across the world's developed economies finally returned to its pre-crisis level in October, according to the Organization for Economic Cooperation and Development.

SEC Chairman Warns Investors Against Bitcoin

Wall Street's top regulator on Monday raised alarms about the money flooding into bitcoin trading and other cryptocurrency markets, warning the red-hot corner of less-regulated finance is burning with risk for retail investors.

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The Force Behind Bitcoin's Meteoric Rise: Millions of Asian Investors

Unlike past financial frenzies such as the dot-com bubble of the late 1990s, individual investors have been first to the party, fueling bitcoin's 1,600% rise this year.

Forties Pipeline System Carrying Brent Crude to Be Shut for Weeks

One of Europe's most important oil pipeline systems will be shut down for a "matter of weeks," said owner Ineos, sending a jolt into international oil prices as traders contemplated the loss of some North Sea oil supplies.

Oil Prices Climb on Pipeline Shutdown

Global oil prices jumped to their highest level since 2015 as the shutdown of a key European pipeline sapped more crude from a market where supply has already tightened due to production cuts.

Energy Shares Rise as Crude Gains

European stocks gained with buoyant technology and oil-and-gas shares outweighing broad-based weakness.

U.S. Stocks Rise

Rising technology and energy shares pushed the S&P 500 higher Monday ahead of a series of central bank meetings around the world this week.

Botched Suicide Bombing Jolts New York, Injures 4

A 27-year-old immigrant from Bangladesh tried to set off a homemade pipe bomb strapped to his body as he blended into rush-hour commuters in one of New York City's busiest transit hubs. But the explosive fizzled, burning him instead and slightly injuring three others.

Treasury Says GOP Economic Agenda Would Pay for Tax Cuts

Treasury Department said the Republican economic agenda would generate enough economic growth to pay for the tax cuts being considered by Congress, using growth assumptions exceeding the official congressional estimates.

(END) Dow Jones Newswires

December 12, 2017 07:15 ET (12:15 GMT)