Amid the ongoing crisis in the Strait of Hormuz, we speak with Laleh Khalili, a professor of Gulf studies who researches the shipping and logistics industry and its impact on the global economy. The U ...

NOV Inc. (NOV) unveiled plans Wednesday to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, through a $200M investment over the next three years to ...

Iran’s Revolutionary Guards have warned a “new stage of war” has begun after Israel bombed Iran’s South Pars gas field — the largest known natural gas reserve in the world. This comes as the price of ...

Good day, and thank you for standing by. Welcome to the NOV Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note that today's conference is being recorded. I will now hand ...

NOV Inc. (NOV) +2.2% in Wednesday's trading as Barclays upgraded the energy equipment and services company to Equal Weight from Underweight with a $20 price target, raised from $15, as new CEO Jose ...

WASHINGTON, Jan 22 (Reuters) - U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight quarter of strong growth. Consumer spending, ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

The personal consumption expenditures price index, a measure the Fed uses as its main forecasting tool, showed inflation at 2.8% for the month both for headline and core in November. The readings were ...

Consumers continued to ramp up their spending as the holiday shopping season kicked into high gear in November, but inflation continued to bite, new data showed Thursday. A shutdown-delayed report ...

WASHINGTON, Jan 14 (Reuters) - U.S. retail sales increased more than expected in November as motor vehicle purchases rebounded and households boosted spending elsewhere, suggesting the economy ...