Economy

China's factory activity shrinks for second straight month, contracting less than expected

China's manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.

Trump says Venezuelan oil will replenish Strategic Petroleum Reserves

President Donald Trump said on Sunday that Venezuelan oil will replenish the United States’s Strategic Petroleum Reserves after announcing a historic deal with the country on Friday.

Oil Rises Over 1% After U.S. Forces Strike Two Iranian Rocket Launchers on Larak Island

Oil rises Monday, amid heightened concerns over supply disruptions after U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday.

K-beauty giant APR's shares up 100% this year ahead of U.S. Costco launch in September

APR is accelerating its U.S. retail expansion with a Costco launch in September, as the K-beauty company's shares have surged nearly 100% this year.

What caused Nvidia's nasty reversal Friday? Look to the Fed for clues

In his Sunday column for Investing Club subscribers, Jim Cramer explores the linkage between Nvidia's stock, the oil market, and the Federal Reserve.

Discount gas stations praised by Trump sold $4m of stolen fuel, lawsuit claims

KRSM, company that supplied fuel to Freedom Fuel Network, stole millions worth of gas, Mansfield Oil alleges

Stock futures fall after U.S. strikes Iran; Wall Street heads for winning month: Live updates

The Dow is up 2.1% in August, on pace for its fifth consecutive monthly advance.

Aon nears $17 billion deal to buy insurance broker USI from KKR, WSJ reports

Aon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from KKR, the Journal reported.

Trump-promoted Freedom Fuel stations sold gas a distributor says went unpaid for

A federal lawsuit claims that fuel distributor KRSM failed to pay for $4 million worth of fuel, some of which the company sold to the Freedom Fuel network.

The Guardian view on rare earths: it’s common sense to secure essential supply chains

Outsourcing the industry to China cannot continue, but Europe knows it can no longer count on the US for a solution

Here are the 3 big things we're watching in the stock market in the week ahead

Broadcom and Palo Alto Networks report. Plus, it's jobs week.

The 'choose your own adventure' earnings: Why retailers are handling tariff refunds so differently

Retailers have diverged on how they've reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins.