Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Monday, 5 May 2025 () By DAMIAN J. TROISE, Associated Press Business Writer NEW YORK (AP) — Stocks fell in morning trading on Wall Street Monday and oil prices fell to a four-year low as the OPEC+ group announced plans to boost output. The S&P 500 fell 0.7%. The benchmark index is coming off of its ninth straight…
President Donald Trump has officially declared war on Amazon and its founder Jeff Bezos after the company reportedly planned to display the consumer cost impact of U.S. tariffs — a move the White..
The CEO of DR Horton just issued a jaw-dropping warning about the housing market—and it could change everything we thought we knew about 2025. With forecasts crushed, builders slashing prices, and..
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..
Oil prices plummeted after OPEC+ announced increased production, raising concerns about a potential supply glut amidst weakening global demand. This decision,... IndiaTimes
US stock futures indicated losses as Wall Street opened, influenced by declining oil prices and a gold rally amid geopolitical tensions and economic growth... IndiaTimes
Monday, 5 May 2025 ()
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