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Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip ofjust over3% from the same period last year as crude production volumes remained low.
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears of a broader economic slowdown, the Labor Department reported Friday.
WASHINGTON (Reuters) -- U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%, which could heighten fears that the labor market is deteriorating and potentially making the economy vulnerable to a recession.
BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li L6 SUV.
U.S. stock futures slid on Thursday night as traders considered fresh results from Amazon and Intel. Investors also looked ahead to July's payrolls report.
Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm ADP reported Wednesday.
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union's statistics agency said Wednesday, even as price growth in the services sector eased slightly.
BEIJING (AP) — A closely watched measure of Chinese manufacturing activity remained negative in July as concern persists about the state of the world’s second largest economy.