IBT Staff Reporter

Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response to urging by the United States.

Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production.

Oil rose more than 1% on Thursday after U.S. crude inventories fell more than expected amid high demand for fuel, shrugging off OPEC+'s agreement to boost crude output to compensate for a drop in Russian production.

Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday that she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance.

The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of reasons supporting it, including its safe-haven status, still strongly outweigh any reason to sell, according to a Reuters poll.

A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers while their global retail customers are reluctant to soak up the extra costs.

North Carolina lawmakers advanced legislation on Wednesday that would prohibit classroom instruction on sexual orientation and gender identity for some public school students, a move decried by opponents as harmful to LGBTQ youth.

U.S. officials are planning a trip for President Joe Biden to the Middle East later this month to meet Gulf allies, which could put him in the same room with Saudi Crown Prince Mohammed bin Salman, sources said on Wednesday.

A man armed with a rifle and a handgun killed four people inside a medical building in Tulsa, Oklahoma on Wednesday before fatally shooting himself, police said, in the latest of a series of mass shootings to rattle the United States.

Tens of thousands of royal supporters lined the streets of London on Thursday to celebrate Queen Elizabeth's Platinum Jubilee and kick off four days of pomp, parties and parades to mark her record-breaking 70 years on the British throne.

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne.

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne.

Queen Elizabeth II kicks off historic jubilee celebrations

A California task force released a 500-page report detailing the state's role in perpetuating historic discrimination against African Americans, while recommending an official government apology and making a case for financial restitution.

Brazilian soccer legend Pele made a public plea on Wednesday to Russian President Vladimir Putin to end his "wicked" and "unjustifiable" invasion of Ukraine, minutes before Ukraine's national team played in a World Cup qualifying game.

The United States is still hammering out a final guest list ahead of next week's Summit of the Americas in Los Angeles, senior U.S.

An 18-year-old suspect has been indicted on charges he gunned down 10 Black residents in a Buffalo, New York supermarket, and will make a court appearance on Thursday, the office of the local county's district attorney said.

Biden takes aim at inflation but short on weapons

Meta Platforms Inc Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world's biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday.

El Salvador's popular millennial president waging war on gangs

While public outrage grows over a school shooting in Uvalde, Texas that left 21 dead last week, the victims' relatives may never get their day in court against police, school authorities and gunmakers who enjoy special legal immunity that may protect them from being sued, according to attorneys.

While public outrage grows over a school shooting in Uvalde, Texas that left 21 dead last week, the victims' relatives may never get their day in court against police, school authorities and gunmakers who enjoy special legal immunity that may protect them from being sued, according to attorneys.

Mexico needs to invest nearly 4% of its gross domestic product annually to build 800,000 housing units a year over the coming two decades to keep up with demand, a study showed Wednesday.

A proposal made by an activist shareholder and opposed by Walmart Inc management asking the retailer to produce a report assessing the impact on its employees if the U.S.

Walmart Inc shareholders on Wednesday struck down by an overwhelming margin an activist investor-led proposal asking the retailer to produce a report assessing the impact on its employees if the U.S.

Price differences between U.S. light and heavy crude oil grades have been widening, pricing data showed, as refiners around the world have been snapping up less-dense crude grades for more gasoline production.

Texas Governor Greg Abbott on Wednesday requested that state lawmakers convene committees to examine school safety, mental health and police training in the wake of last week's school shooting that killed 19 children and two teachers.

Texas Governor Greg Abbott on Wednesday urged state lawmakers to convene special panels to examine school safety, mental health and police training in the wake of last week's elementary school shooting in which 19 children and two teachers were killed.

Arms for Ukraine: Who has sent what?