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The tumult began when the Dow opened Monday with a 1,000-point nosedive.

U.S. stock indices had gone almost 1,000 days without a 10 percent decline from their recent peaks, an unusually long stretch given that corrections usually happen once a year on average.

The New York Stock Exchange invoked a rule saying market makers don’t have to disseminate price indications before the opening bell in an effort to make it easier and faster to open stocks on a volatile trading day.

But sharp price falls are beginning to encourage demand and the IEA forecast world oil demand would grow by 1.6 million barrels per day this year, up 200 000 bpd from its previous estimate and the fastest pace in five years. At the Multi Commodity Exchange, crude oil for delivery...

“There’s no shortage of things people can cite, from the movement in currencies, to the weakness in commodities and fears about China“, Lee said. “This is about growth“. Gold futures rose as the selloffs spurred a flight to safety, with the yellow...

A key Democratic congressman said Friday he is backing the nuclear deal with Iran after President Barack Obama wrote him a personal letter saying the U.S. has options to curb Iran if it violates the agreement. (2) The United States and the worldwide community will now have access...

Spot prices of Western Canada Select (WCS), a marker for heavy, diluted bitumen from Alberta’s oil sands sank to a 12-year low near $20 a barrel. WTI may drop to $US32 on the persisting global surplus, Citigroup Inc. said in a report August 19.

As if China wasn’t worrying investors enough, the odds of a Fed rate hike in September seems to have lowered. “This is about growth“. The Nasdaq crumbled 6.8% while the S&P 500 sank 5.8%.

Leading members of the Organization of Petroleum Exporting Countries are maintaining output, while Citigroup Inc. predicts crude may slide to as low as $32/bbl, a level last seen during the world financial crisis.

“It made no sense to me that crude oil hung around $60 per barrel a few weeks earlier this year“.

US crude oil fell towards $40 a barrel on Thursday after overnight data surprised analysts with a jump in US oil inventories.

Critics questioned some aspects of the article, which was changed by the news company repeatedly, including to indicate that the global Atomic Energy Agency staff would monitor Iranian personnel during the site inspections. The report was based on what the AP’s anonymous...

US crude inventories continued to rise last week, as imports rose and shale production fell slower than expected, despite falling prices.

Cromartie apparently isn’t going all out for whatever it is that training camp has become under the 2011 labor deal, which reduced the number and intensity of preseason practices.

Also Thursday, Obama sent a letter to Rep. Jerry Nadler, a New York Democrat, defending the deal and urging him to support it.