Finance

Gulf tanker incidents may raise shippers' costs, cut traffic

Seizures of oil tankers near Iran could raise insurance rates for shipping companies and eventually reduce tanker traffic, according to energy and security experts

The Latest: Gulf incidents rattle shipping…

Energy experts say recent seizures and attacks aimed at oil tankers in the Strait of Hormuz will raise insurance rates for shipping companies and, if unchecked, could reduce tanker traffic in the vital waterway

Penney: We haven't hired advisers for in-court…

J.C. Penney says it hasn't hired any advisers for an in-court restructuring or bankruptcy

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How major US stock indexes fared Friday

U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May

Reined-in rate-cut expectations, Iran tensions…

U.S. stock indexes sloshed between small gains and losses Friday after Microsoft, American Express and other big companies offered up a mixed set of earnings reports

Microsoft and Gannett rise while American Express falls

Microsoft and Gannett rise while American Express falls

Markets Right Now: Stocks give up an early gain, close lower

Stocks gave up an early gain and are closing broadly lower, giving the market its first weekly decline after two weeks of gains.

American Express 2Q profits rise 9%, beating expectations

American Express 2Q profits rise by 9%, as more consumers are willing to borrow and keep a balance on credit card

American Express 2Q profit jumps 8%

American Express churns on earns in 2Q, but sticks to profit outlook for 2019

China calls on US to 'correct' Iran sanctions

China calls on Washington to 'correct' sanctions imposed on Chinese companies accused of helping Iran acquire materials for nuclear program

Oil price rises on Mideast tensions, stock…

The price of oil is up after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world's oil is shipped through

Corvette goes mid-engine for first time to raise…

Engine moved from front to middle, changing the look and raising performance of the new Chevy Corvette

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Boeing to take a $4.9 billion charge over…

The grounding of its 737 Max plane will cause Boeing to take a $4.9 billion charge and will cut $5.6 billion from the company's pre-tax income

Chewy rides on post-IPO high

Chewy offers rosy sales outlook after delivering 1Q results in line with Wall Street expectations

Report: Newspaper chains Gannett, GateHouse in merger talks

Two of the country's largest newspaper companies are in "advanced talks" to combine, according to a Wall Street Journal report that cites unidentified people familiar with the matter

Southwest cancellations will rise due to grounded Boeing jet

Southwest takes the grounded Boeing 737 Max out of its schedule for another month, until early November

How major US stock indexes fared Thursday

Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied

US stock indexes shake off an early loss and…

U.S. stocks reversed course from an early slump and closed higher Thursday to break a two-day losing streak after technology and bank stocks rallied

Netflix, United Rentals fall while Union Pacific, eBay rise

Netflix, United Rentals fall while Union Pacific, eBay rise

Markets Right Now: Stocks shake off early loss, end higher

Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied.

A glance at US mortgage rates: 30-year loan rises to 3.81%

A glance at US mortgage rates: 30-year average loan rises to 3.81%

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US average long-term mortgage rates rise; 30-year…

U.S. long-term mortgage rates up this week, with the average rate on the key 30-year mortgage now at 3.81%

Toys R Us plans a small comeback with 2 stores this year

Toys R Us to make a small comeback with 2 stores by holiday shopping season

Union Pacific delivers 4% better 2Q profit on…

Union Pacific Corp. delivered 4% more profit in the second quarter even though it hauled less freight because it cut its expenses by 7%