U.S. crude oil inventories fell much more than expected last week, along with declines in gasoline and distillate fuels as refineries raised their capacity use,
Federal Reserve Chair Jerome Powell said he was pleased with how inflation had resumed a downtrend following a rebound at the start of the year, a sign
The eurozone’s annual rate of consumer-price inflation eased a little in June, but the rapid rise in services prices will likely reinforce the European Central