03:29 PM EDT, 09/12/2025 (MT Newswires) -- The number of oil rigs in the US increased by two in the week through Friday, according to data from energy services company Baker Hughes ( BKR ) . The count for oil rose to 416 rigs from the previous week's 414. The tallies for gas and miscellaneous rigs were unchanged at 118...

03:22 PM EDT, 09/12/2025 (MT Newswires) -- The preliminary Michigan Sentiment index fell to 55.4 in September from 58.2 in August. According to Michigan, consumers' assessment of current conditions and the near-term outlook were both below their August levels. Michigan said that inflation expectations held steady for the one-year horizon and rose for the five-year horizon, with both elevated. The...

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent met with BlackRock Inc executive Rick Rieder in New York on Friday, as the Trump administration continued its search for a new chair for the Federal Reserve, a source familiar with the matter said. Bessent has now spoken with four of the 11 candidates on the administration's list of candidates...

(Reuters) -Tesla, the electric vehicle company led by billionaire Elon Musk, was accused in a lawsuit on Friday of favoring visa holders over Americans when making employment decisions so it can pay less. According to a proposed class action filed in San Francisco federal court, Tesla violates federal civil rights law through its systematic preference to hire visa holders, and...