Biden to speak on Russia and Ukraine after call with Transatlantic leaders
President Joe Biden will speak at 4 p.m. Eastern time on the U.S.'s "continued efforts to pursue deterrence and diplomacy, and Russia's buildup of military...
Baker Hughes data show U.S. oil-drilling rig count up a 4th straight week
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was up by four to 520 this week. That followed...
Goldman Sachs CEO braces for above trend inflation
Goldman Sachs Group Inc. CEO David Solomon on Thursday said 2022 will mark a shift from low interest rates and tame inflation to tighter borrowing...
Gold futures settle below $1,900, but gain for the week
Gold futures fell on Friday to settle below the $1,900 mark, but still gained just over 3% for the week. While "war fears dominate the...
U.S. oil futures post losses for the session and week
Oil futures declined on Friday, widening their weekly loss to more than 2%. A potential of Iranian crude to the market has led to some...
White House says Russia to blame for cyberattacks on Ukraine
A Biden administration official on Friday put the blame on Russia for a cyberattack that hit Ukrainian banks earlier this week. "We believe that the...
Dow ends 230 points lower Friday, stocks book second week in a row of declines
U.S. stocks closed lower Friday and booked a second week in a row of declines, as investors kept an eye on Russia and Ukraine, fearing...
DraftKings shares fall 21% on 2022 outlook
DraftKings reported an adjusted EBITDA loss for 2022 that was much higher than analysts had anticipated.
Luxury goods group Kering confident Gucci sales growth will continue after bumper 2021 revenues
Kering CEO Francois-Henri Pinault told CNBC he's confident Gucci will continue to deliver growth for the company this year, following record revenues in 2021.