US refiners are turning crude oil into products like gasoline and diesel at a pace not seen since before the Covid-19 pandemic, but even that is unlikely to rein in soaring prices soon amid a historic fuel crunch.
US refiners are turning crude oil into products like gasoline and diesel at a pace not seen since before the Covid-19 pandemic, but even that is unlikely to rein in soaring prices soon amid a historic fuel crunch.
The Nasdaq 100 Index closed in correction territory, pushing the broader stock market lower as the Federal Reserve refrained from raising interest rates but a trio of dissents signaled support for tighter monetary policy.
Bloomberg's Allison McNeely joins Dani Burger on "Bloomberg Deals." Koch is exploring a sale of Edged, the data center developer it cofounded to build projects for the biggest hyperscalers, according to people with knowledge of the matter. (Source: Bloomberg)
The Iran war set off resurgent inflation amid on-again, off-again fighting.
Footage shows tens of thousands of Hindu devotees bathing in Indias Ganga and Saryu rivers to mark Guru Purnima.
The kingdom faces a choice of whether to keep hitting back as a deterrent or to try to de-escalate the situation.
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5 and 3.75.
Pakistan has welcomed Kuwaits ratification of a 2023 defence cooperation agreement between the two countries, the Foreign Office (FO) said on Wednesday. In a statement responding to media queries, FO spokesperson Dr Tahir Andrabi said the agreement marked another important milestone in the longstanding defence partnership between the two brotherly...
Three voting members of FOMC call for higher borrowing costs after high-stakes meeting
Harrison Bader's scooter accident further injured his foot as the San Francisco Giants outfielder prepares for an MRI while already battling plantar fasciitis.
The author and translator of Taiwan Travelogue, the winner of the 2026 International Booker Prize, discuss identity and history amid the debate over Taiwan's colonial ties to Japan and escalating geopolitical pressure from China.
Senators John Cornyn and Thom Tillis accused the attorney general nominee of refusing to put on paper his promise to kill aspects of the deal he cut to settle President Trumps suit against the agency.
Firefighters raced on Tuesday to subdue huge wildfires that have forced unprecedented evacuations of tens of thousands of people across France and Spain, as western Europe braced for another heatwave.
