ECONOMY & MARKETS

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The S&P 500 closed at 4,514.02, up 2.5% for the week; the Dow Jones at 34,947.10, up 2%; the tech-heavy Nasdaq at 14,125, up 3.1% and the small-cap Russell 2000 at 1797.77, up 5.8%.

The week will also bring housing and labor data; retailers Nordstrom, Lowe's and Best Buy release quarterly results.

A newly-developed lithium extraction technology promises to fix lithium mining, but analysts are cautiously optimistic.

Homebuilders are adjusting their projects to keep attracting buyers amid high interest rates.

High interest rates for a prolonged period usually push the U.S economy into a recession. But not this time around -- at least not yet.

Global oil prices accelerated their trajectory down from their peak in late September on Thursday.

The study says that young buyers are facing more challenges to afford down payments and mortgages.

The Biden administration had rushed to finish negotiations on the trade pillar ahead of the APEC summit to show China that Washington was deeply engaged in the Indo-Pacific region.

The world's largest lithium producing company missed earnings expectations by a wide margin, with YOY revenue dropping more than 50%.

The report showed that the number of people receiving unemployment benefits is now at the highest point in almost two years.

Shares of Walmart fell as the company's forecast indicates slower consumer spending at the end of the year.

U.S stocks and bonds moved in the opposite direction on Wednesday following the release of mixed data on the state of the U.S economy.

The Indian minister said global oil prices would have surged if India had also gone to the same suppliers that Europe had approached.

Asking prices in the city stayed at the highest level since 2017, according to a StreetEasy report.

Germany's leading renewable energy technology corporation is reorganizing its business operations in response to a crisis in its wind energy unit.

Sales at gas stations and furniture stores contracted, while consumers still increased purchases of food and electronics.

The company's third-quarter results beat its own forecasts and analysts' estimates.

Indians make up the largest expat group in Dubai at 27.49%. They have consistently been among the top 3 nationalities to buy properties in Dubai since 2004 and play an important role in shaping its real estate market.

Exxon opened a third offshore development in Guyana on Tuesday, accelerating the small South American country's rapid rise in oil production.

The study, commissioned by Disney, shows how the company contributes with jobs, taxes and businesses in the state.

Oil production and demand are both on the rise, according to the IEA, marking a contrast from the organization's "peak oil" proclamation in October.

A key natural gas facility resumes production as energy providers in Egypt breathe a sigh of relief.

Consumer prices were unchanged in October from September.

The home improvement retailer reported quarterly sales and profit that topped analysts' expectations.

India's External Affairs Minister S Jaishankar is currently on a five-day official visit to the UK to hold talks with his British counterpart, newly-appointed UK Foreign Secretary David Cameron.

President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.

Emirates says the expanded fleet will support Dubai's economic agenda.

The S&P 500 closed at 4,415.25, up 1.1 % for the week; the Dow Jones at 34,283.10, up 0.53%, and the tech-heavy Nasdaq at 13,798.1, up 2.07%.