U.S. crude stockpiles fell 11.1M barrels last week, API says
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UPS faces risks from fuel costs, competition from Amazon, and weak e-commerce trends.
Asian stocks were set for declines, tracking a tech-led Wall Street selloff after hotter-than-expected US inflation fueled bets on more aggressive Federal Reserve rate hikes.
Bank of America (NYSE:BAC), a global consumer, commercial, and investment banking franchise, closed at $51.39, down 4.76%.
Loop Capital is buying $450 million in client assets from Lifeline Capital to expand its wealth management business and serve more athletes and entertainers.
Brent settles above US$106 a barrel after Iran-backed Houthis launched strikes across Saudi Arabia