Commodities

Business Highlights

___ US jobs report points to a healthy drop in underemployment WASHINGTON (AP) — A burst of hiring in April provided reassurance for the U.S. economy after a slow start to the year: Job growth returned to a healthy pace.

Business Highlights

___ US jobs report points to a healthy drop in underemployment WASHINGTON (AP) — A burst of hiring in April provided reassurance for the U.S. economy after a slow start to the year: Job growth returned to a healthy pace.

Business Highlights

___ House OKs GOP health bill, a step toward Obamacare repeal WASHINGTON (AP) — Relieved Republicans muscled their health care bill through the House Thursday, taking their biggest step toward dismantling the Obama health care overhaul since Donald Trump took office.

Wall Street Ends Flat as Health Bill Passes; Energy Slammed

Wall Street ended flat on Thursday as a steep fall for the energy sector countered some solid earnings reports, with major stock indexes closing little changed after the U.S. House of Representatives passed a healthcare overhaul.

Oil Dives 5 percent; OPEC Looks Unlikely to Deepen Output Cuts

Oil prices tumbled about 5 percent on Thursday, breaking below $50 a barrel to the lowest since late November on signs that OPEC and other producing countries would not take more drastic steps to reduce the world's stubbornly persistent glut of crude.

Business Highlights

___ Fed leaves rates unchanged but signals further hikes ahead WASHINGTON (AP) — The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.

Business Highlights

___ Fed leaves rates unchanged but signals further hikes ahead WASHINGTON (AP) — The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.

Oil Mixed in Choppy Trading After U.S. Crude Stocks Data

Oil prices were little changed on Wednesday in a volatile session as the market mulled U.S. government data showing that while there were signs a crude glut may be receding, crude inventories remain large with gasoline demand weak.