Commodities

Plunge in oil prices threatens Iraq's postwar recovery

The latest plunge in oil prices has dealt a heavy blow to Iraq's stagnating economy, threatening the new government's ability to rebuild after the war with the Islamic State group and provide basic services to areas roiled by recent protests.

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US stocks end dismal, volatile year on a bright note NEW YORK (AP) — Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade.

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US stocks stage big rally, erase 600 point drop in Dow Wall Street staged a swift, last-minute turnaround Thursday that rescued stocks from a steep dive and put the market on track to end a topsy-turvy, volatile week with a gain.

Asian stocks post gains following Wall Street's rebound

U.S. stocks moved broadly higher in early trading Wednesday, recovering some of their losses from a steep drop ahead of the Christmas holiday that left the benchmark S&P 500 index on the edge of what Wall Street calls a bear market.

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Wall Street notches best day in 10 years in holiday rebound Wall Street notched its best day in 10 years as stocks rallied back Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December.

Australian trader pleads guilty to 'spoofing' in Chicago

An Australian commodities trader has pleaded guilty in Chicago federal court to manipulating market prices by placing orders in the millions of dollars and canceling them within milliseconds to sell smaller orders at a profit.

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___ Not very merry: US stocks plunge before Christmas President Donald Trump's attack on the Federal Reserve spooked financial markets on Christmas Eve, raising fears about an uncertain future should the White House try to undermine or remove the head of the U.S. central bank.