Business Stories from May 5, 2022 (Change date)
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Closing prices for crude oil, gold and other commoditiesMay 05, 2022 7:00 am - Benchmark U.S. crude oil for June delivery rose 45 cents to $108.26 a barrel Thursday. Brent crude for July delivery rose 76 cents to $110.90 a barrel. Wholesale gasolin...
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US mortgage rates rise; 30-year at 5.27%, highest since 2009May 05, 2022 7:00 am - WASHINGTON (AP) - Average long-term U.S. mortgage rates resumed their ascent this week, as the key 30-year loan reached its highest point since 2009. The increases came ...
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3m ticket requests for World Cup final; 1.4m for England-USMay 05, 2022 7:00 am - FIFA has received 3 million ticket requests for the World Cup final in Qatar and high demand to attend some of its biggest group-stage games, even as issues linger about...
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New Mexico seeks opportunity in Texas border disruptionsMay 05, 2022 7:00 am - SANTA FE, N.M. (AP) - New Mexico is highlighting its support for proposals that would route an international rail line through its Santa Teresa port of entry, capitalizi...
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Rising interest rates in US will hinder foreign economiesMay 05, 2022 7:00 am - WASHINGTON (AP) - When the Federal Reserve raises interest rates - as it did Wednesday - the impact doesn't stop with U.S. homebuyers paying more for mortgages or Main S...
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Wayfair, Etsy fall; Albemarle, Booking Holdings riseMay 05, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Intercontinental Exchange Inc., down $8.23 to $101.63. The owner of the New York S...
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DoorDash's sales soar in Q1 but its costs also growMay 05, 2022 7:00 am - DoorDash sales soared in the first quarter as it added new customers, putting to rest any question of whether delivery demand will continue as the pandemic wanes. The Sa...
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Grains mixed. Livestock mixedMay 05, 2022 7:00 am - CHICAGO (AP) - Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for May gained 31 cents at $10.8450 a bushel; May corn was off .25...
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Wall Street, tech investors back Musk Twitter bid with $7BMay 05, 2022 7:00 am - Elon Musk has strengthened the equity stake in his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors including ...
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OPEC+ opens oil taps gradually as Russian war roils marketsMay 05, 2022 7:00 am - LONDON (AP) - OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe's plan to sanction Russian ...