Joe Wallace

U.S. crude oil hasn’t been this expensive, compared with global benchmark Brent, in almost half a decade. West Texas Intermediate futures are up 0.6% at $73.29 a barrel this morning, a fresh two-and-a-half-year high. Their discount to London-traded Brent has shrunk to about $1.30 a barrel, the narr

U.S. stocks opened slightly higher, signaling that the major indexes may drift near their all-time highs ahead of data on growth in the service and manufacturing sectors. The S&P 500 edged up 0.1%, a modest opening move for the broad benchmark. The Dow Jones Industrial Average also gained 0.1%, or

GameStop shares climbed 8.5% ahead of the bell. The original meme stock said it had raised about $1.126 billion in an equity offering, before commissions and expenses. Online traders piled into GameStop shares early in 2021, triggering a short squeeze that sent prices flying and inflicted pain on b

S&P 500 Hits Record as Mixed Economic Data Lift Stocks  Morningstar.com

The exchange will reopen its open-outcry trading ring in September, halting plans to close a pit that dates back to the industrial revolution following resistance from an influential group of traders.

Fifteen-year-old Patrick Dugan and his friends love to skateboard. They started practicing more often during the pandemic, but every time they’d skate in the parking lots and neighborhoods in Thurmont,

Investors begin to backpedal as the movie-theater operator cautions potential purchasers of its shares that they might lose money.

Stocks Pull Back After Manufacturing Data  Morningstar.com

Falling Tech Stocks Weigh on Major Indexes  Morningstar.com

The Dow and S&P 500 post their steepest three-day declines in nearly seven months, while a sharp rise in consumer prices heightened concerns that interest rates could be headed higher.

By Joe Wallace and Michael Wursthorn U.S. stocks edged away from record territory Tuesday as investors sold shares of technology and communications stocks and Treasury yields climbed. ... | July 26, 2021

U.S. stocks turned lower on news reports that President Biden is considering nearly doubling capital-gains taxes on the wealthy.

U.S. stocks kept moving higher, ending the week with gains, after another volley of blue-chip earnings and more signs of economic growth.

Nonprofit was started last year by Palm Desert to continue to lobby Sacramento to be site of next independent campus.

By Joe Wallace and Karen Langley Major U.S. stock indexes hovered in record territory Tuesday after signs of rapid economic recovery propelled them to all-time highs a day earlier. The... | July 26, 2021

Bullion had its worst quarter since 2016 as optimism about the pace of economic rebound curtailed investors’ appetite for safe-haven assets.

Investor optimism is pegged to the prospect of a surge in economic growth amid widespread vaccinations and fresh spending programs from the Biden administration.

Is the stock market closed on Good Friday? Stock markets close for a variety of reasons, and since international trading does...

The prospect of summer drivers crowding U.S. highways is powering steep gains in the price of gasoline, a sign of economic recovery and a boon for the pandemic-ravaged energy industry.

Plans for the biggest overhaul of the London Metal Exchange in over 20 years are likely to be pared back following an outcry by an influential group of traders.