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Crude futures are set to post their biggest weekly loss in five weeks, with Brent edging down toward $102 per barrel on Friday, as ample supply and a slow global economic recovery fuelled worries that demand for oil would be hit.Crude inventories in the United States are near record levels as the world's top oil consumer produced more from shale, while shrinking factory activity in China capped fuel demand growth at the world's No.2 user.Improved U.S. jobs and home sales data also sparked worries that the Federal Reserve could soon scale back bond purchases and tighten liquidity in markets.Brent slipped 8 cents to $102.36 by 0431 GMT, stretching its losses into a fourth session. U.S. crude inched down 29 cents to $93.96 a barrel.Both were on track for a more than 2 percent drop this week - their biggest weekly drop since mid-April."There is a lot of supply. Inventories are high in the U.S. and I don't expect a big increase in demand from China," said Ken Hasegawa, a commodity sales man...
Deutsche Bank senior U.S. economist Carl Riccadonna gives his outlook for the markets and economy.
FBN's Jo Ling Kent breaks down late-morning market news.
Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major aver...
U.S. stocks recovered and turned mixed Thursday after Japanese equities dived overnight, as global markets reacted to weak Chinese manufacturing data and worries abo...
Treasurys lost most of their early gains Thursday as stocks recovered from a sharp morning drop on improving economic data.The 10-year note (10_YEAR) yield, which mo...
Treasurys were beneficiaries of investors' flight to safety on Thursday as global stock markets posted sharp losses, but lost most of their gains as the day wore on....
U.S. stocks dropped in Thursday morning trade after Japanese equities dived overnight, as global markets reacted to weak Chinese manufacturing data and worries about...
Average mortgage rates in the U.S. rose for the third consecutive week, potentially slowing some refinancing momentum, according to mortgage-finance company Freddie ...
New-home sales increased in April, while prices hit a record high, the latest signs of a stronger housing market as the spring selling season gets underway.Sales of ...
Average mortgage rates in the U.S. rose for the third consecutive week, potentially slowing some refinancing momentum, according to mortgage-finance company Freddie ...
Sales of new single-family homes rose 2.3 percent in April, and prices climbed to record high levels, offering strong proof the sector's rebound trend is intact.The ...
Mortgage rates rose for the third straight week, Freddie Mac reported Thursday. The 30-year fixed-rate mortgage averaged 3.59% with an average 0.7 point for the week...
TBWS Daily Show hosts Frank Garay and Brian Stevens on the outlook for the housing market.
Treasurys moved higher Monday as stocks lingered in the red during a topsy-turvy session that saw global markets fall decisively.The 10-year note (10_YEAR) yield, wh...
Tri Pointe Homes CEO Doug Bauer on the outlook for the housing market and the impact of Federal Reserve policy.
U.S. stocks fell modestly on Thursday, substantially paring intraday losses after upbeat U.S. economic reports and gains for Hewlett-Packard Co. countered worries ab...
George Mason University finance professor Anthony Sanders weighs in on rising home prices out West.
Oil futures ended little changed Thursday after paring losses as upbeat U.S. data offset lackluster Chinese manufacturing data, giving a mixed picture for energy-dem...
U.S. stocks fell on Thursday but traded well off their lowest intraday levels, as upbeat U.S. economic reports and gains for Hewlett-Packard Co. countered worries ab...
