Oil, gold gains help Dow end February on high note

Mar 1, 2016

Oil, gold gains help Dow end February on high note

U.S. stocks were edging higher in midday trading on corporate earnings news and rising oil prices. Utilities made the biggest gains. Mining companies rose with the price of gold. KEEPING SCORE: The Dow Jones industrial average gained 46 points, or 0.3 percent, to 16,686 ...

Japan's January CPI doesn't budge with BOJ far from 2% goal

Feb 26, 2016

Japan's January CPI doesn't budge with BOJ far from 2% goal

The Bank of Japan’s key price gauge did not move in January as it continued to hover around zero, putting Gov. Haruhiko Kuroda far from his 2 percent inflation goal even after adopting a negative-rate policy. Low energy prices are disrupting Kuroda’s efforts to ...

Russia, Saudis tentatively offer to freeze oil output levels

Feb 16, 2016

Russia, Saudis tentatively offer to freeze oil output levels

Russia’s energy minister said on Tuesday that his country has agreed with OPEC members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same. The ministry quoted Energy Minister Alexander Novak announcing the decision following an unexpected, closed-door ...