Business

US Postal Service reports $2.5 billion quarterly loss

US Postal Service reports $2.5 billion quarterly loss

By David Shepardson WASHINGTON, Aug 7 (Reuters) - The U.S. Postal Service reported a $2.5 billion net loss for the…

August 8, 2026

New Jersey's $2.5 billion 'forever chemicals' settlements with DuPont, 3M, others win court approval

Aug 7 (Reuters) - A federal judge on Friday approved more than $2.5 billion of settlements that New Jersey reached…

August 8, 2026

New Jersey's $2.5 billion 'forever chemicals' settlements with DuPont, 3M, others win court approval

Aug 7 (Reuters) - A federal judge on Friday approved more than $2.5 billion of settlements that New Jersey reached…

August 8, 2026

Brent climbs $1 on uncertainty over end to Iran war

HOUSTON, Aug 7 (Reuters) - Brent crude oil climbed more than $1 a barrel on Friday over ongoing uncertainty about…

August 8, 2026

Canada discussing trade concessions with US to avoid new tariffs, says source

By David Ljunggren OTTAWA, Aug 7 (Reuters) - Canada and the U.S. are discussing a prospective deal in which Ottawa…

August 8, 2026

Oil gains on pending Iran-Oman deal over Hormuz

HOUSTON, Aug 7 (Reuters) - Oil prices gained on Friday as markets assessed a pending agreement between Iran and Oman…

August 8, 2026

Equities poised for best week since April as payrolls surprise eases rate-hike concerns

By Chuck Mikolajczak and Shashwat Chauhan NEW YORK, Aug 7 (Reuters) - U.S. stocks were poised to close out a…

August 8, 2026

Market cuts odds of Fed hike after jobs data, but economists still see case for tightening

By Michael S. Derby Aug 7 (Reuters) - Weak July job market data on Friday drove financial markets to downgrade…

August 7, 2026

US suffers unexpected job losses in July, markets dial back rate hike expectations

By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and previously reported job…

August 7, 2026

Early surge in US container imports coming to an end, shippers say

By Lisa Baertlein LOS ANGELES, Aug 7 (Reuters) - An early seasonal surge in U.S. container import volume, driven by…

August 7, 2026