Oil prices fall, but positive gain posted for week

March 9, 2017

Oil prices fell 4 percent in late trade, giving up most of the previous day’s rise as traders recognised that a tropical storm was behind the slump in US crude oil stocks. However, for the full week the market posted […]

Federal Reserve calls for gradual interest rate hikes

March 8, 2017

A Federal Reserve official has made a call for gradual interest rate hikes, despite a slowdown in U.S. job gains and weakness in the services sector that has caused a lack of confidence among some economists. Data released last […]