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Dollar weakens as soft data backs US recession outlook

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar fell on Thursday as weak data reinforced expectations the world's largest economy is likely headed toward recession, further supporting

Stocks stumble as Tesla drops, US yields retreat after data

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was poised for its biggest daily percentage drop in two weeks on Thursday as a sharp decline in Tesla shares weighed while softening

Oil falls 2% on recession fears, swelling US fuel stocks

By Laila Kearney NEW YORK (Reuters) -Oil prices slid by about $2 a barrel to their lowest level since late March on Thursday, dragged lower by fears a possible recession could dent fuel demand and

Stocks dip as Tesla stumbles, US yields retreat after data

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks slipped for a second straight day on Thursday after a sharp decline in Tesla shares weighed while softening U.S. economic data and

Oil falls $2/bbl on recession fears, swelling US fuel stocks

By Laila Kearney NEW YORK (Reuters) -Oil prices slid by about $2 a barrel to their lowest level since late March on Thursday, dragged lower by fears a possible recession could dent fuel demand and

Oil prices slump again on recession fear, swelling US fuel inventories

By Laila Kearney NEW YORK (Reuters) -Oil prices slid by roughly $2 a barrel to their lowest level in about three weeks on Thursday on fears of that a possible recession could dent fuel demand and

Dollar retreats as weak data backs US recession view

By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) - The U.S. dollar fell on Thursday as weak data reinforced expectations the world's largest economy is likely headed toward

Tesla drop weighs on stocks, US yields retreat after data

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was on track for its biggest daily percentage drop in two weeks after a sharp decline in Tesla shares while softening U.S. economic

Oil prices dip 2% as expected rate hikes take toll

By Shadia Nasralla LONDON (Reuters) -Oil prices fell to their lowest level in about three weeks on Thursday, as a firmer dollar and rate hike expectations outweighed lower U.S. crude stocks. Brent

Gold firms above $2,000 on somber US economic data

By Deep Kaushik Vakil (Reuters) - Gold prices firmed above the $2,000 level again on Thursday as the dollar and Treasury yields pulled back after soft U.S. data pointed to the economic toll of the

On Camera

You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?