The number of Americans seeking unemployment benefits dropped below one million last week for the first time since the start of the COVID-19 pandemic in the United States, likely as the expiration of a $600 weekly jobless supplement discouraged some from filing claims. Initial claims for...

Iran plans to start offering oil-backed securities to its citizens, President Hassan Rouhani said Wednesday, as part of the government's efforts to boost state coffers hit by US sanctions and the coronavirus crisis. Iran's economy, further strained by low oil prices, has been suffering...

The Turkish lira resumed its sharp fall Wednesday on investor worries of a full-blown currency crisis and as a firm dollar made it more vulnerable to a squeeze, while emerging market stocks fell on doubts over coronavirus aid in the United States. The lira weakened 1.7 percent to 7.32...

Oil rose on Monday, supported by an improvement in Chinese factory data, rising energy demand and hopes for an agreement in the United States on more coronavirus-related economic stimulus. Brent crude LCOc1 rose 82 cents, or 1.9%, to $45.22 a barrel by 12:58 EDT (1658 GMT). West Texas...