U.S. stocks were mixed Thursday to end the holiday shortened week after June hiring data came in well below expectations and prompted investors to dial back bets on a Federal Reserve interest-rate increase this month.

A tepid June jobs report ​offers relief for U.S. equities just as investors had begun to worry that excessive labor market strength might force the Federal ‌Reserve to turn more hawkish in its fight against inflation,

The Dow Jones Industrial Average climbed to a record high on Thursday after a weaker-than-expected US jobs report reduced expectations of near-term Federal Reserve interest rate hikes, while technology stocks and semiconductor shares extended their recent decline.

European stocks soared on Thursday as weaker than expected US jobs figures dampened market worries of a near-term interest rate hike across the pond. The FTSE 100 closed up 174.53 points, 1.7%, at 10,

Traders have sold gasoline produced by Indian refiner Nayara Energy to Russia, which is ​grappling with fuel shortages triggered by Ukrainian attacks ‌on its energy infrastructure, two sources with direct knowledge of the matter said on Thursday.

Russia has begun importing gasoline from India to ease mounting fuel shortages triggered by repeated attacks on its energy infrastructure, according to industry sources. The move marks a rare shift in energy trade,

Fuel shortages are being felt across Russia's 11 time zones, resulting in rationing and long queues at gas stations

By IntelliNews Russia has begun importing gasoline by sea from India to ease fuel shortages caused by repeated Ukrainian drone strikes on its refining infrastructure, according to industry sources, Reuters reported.

The unemployment rate ticked down to 4.2 percent, according to Labor Department data released Thursday. Lower unemployment reflects solid hiring and few layoffs in the broader eco

Hiring in the U.S. slowed in June, falling short of expectations, according to the Labor Department. CBS News producer Emily Pandise has more.

The Bureau of Labor Statistics reported Thursday that the United States economy added 57,000 jobs in June, fewer than economists expected.

U.S. employers slowed hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook.

Oil prices fell nearly 2% for the third consecutive day on Thursday as concerns eased after Qatar said Iran and the U.S. had made progress.

Oil prices fell on Thursday morning, on pace for their fourth consecutive weekly loss. Qatar's Foreign Ministry said Iran and the U.S. made progress during talks in Doha. Oil prices were little changed Thursday after Qatar said the U.

China has been the biggest buyer ​of Iranian oil in recent years after customers in ‌South ⁠Korea, Japan, India and Europe ceased purchases as sanctions tightened following U.S. President Donald Trump's departure from Iran's nuclear accord ​in 2018.

US President Donald Trump said negotiators had made progress in indirect talks with Iran, as the two countries seek to move past last week’s tit-for-tat strikes and convert their interim truce into a lasting peace.

Kevin Warsh’s calendar for his first week in office as Federal Reserve chairman shows a diary that was mostly busy with internal staff meetings, with the exception of a handful of others that included breakfast with Treasury Secretary Scott Bessent.

From the moment the Senate confirmed Kevin Warsh as the newest chair of the Federal Reserve's Board of Governors, most Fed watchers could clearly see that change was coming. Howev

Kevin Warsh went to Sintra and said what bond traders have been waiting to hear all summer. Inflation looks like it has peaked. Oil is cooperating. The tail risk of a July or August rate shock, the one quietly haunting every duration-heavy portfolio in America,

Businessman typing on laptop computer keyboard at desk in office. (tadamichi/Getty Images)(NEW YORK) -- Federal Reserve Chair Kevin Warsh on Wednesday voiced optimism about artificial intelligence, de