British Prime Minister Boris Johnson told senior ministers on Thursday the government would adopt "maximum caution" as he prepared to outline how lockdown measures imposed to combat the coronavirus outbreak could be eased. Johnson will address the nation Sunday evening to set out a...

Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen. The Labor Department's weekly jobless claims report...

Oil prices extended losses on Thursday as the industry grappled with the growing global surplus of crude and the sharp coronavirus-led downturn in demand, with the outlook still grim despite April data showing a rise in imports into China. Brent crude LCOc1 was down by 24 cents, or 0.8%, to...

Oil prices slid and world equity markets see sawed Wednesday as investor hopes for a pickup in business activity were weighed against downbeat economic data and low fuel demand highlighted by a rise in U.S. crude stockpiles to three-year highs. The safe-haven Japanese yen and dollar rose on...