Black Friday is considered to be most significant event for the US retail sector. The day is now becoming an important one for US workers as well.
Airline shares are soaring and energy stocks are tanking in pre-market trading in response to plunging oil prices following OPEC's decsion yesterday not to cut production amid an oil glut.
NEW YORK - A decision by OPEC not to cut oil production is hammering major energy companies in the U.S. and abroad. Chevron, ConocoPhillips and Exxon Mobil are down more than 4 percent.
The eurozone's inflation rate fell to 0.3% in November, from 0.4% in October, suggesting that deflation remains a threat for the 18-nation bloc.
MUMBAI, India - India's economic growth slowed to 5.3 percent in the three months ended in September from a year earlier, government data showed Friday, supporting expectations of a delayed recovery in Asia's third-largest economy, after China and ...