The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

NEW YORK/LONDON >> The dollar strengthened against the yen today after the Bank of Japan left interest rates unchanged and ...

FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...

USD/JPY strengthened on Friday as yen weakened after the Bank of Japan signalled it was in no rush to raise interest rates ...

US and European stock markets retreated on Friday following a rally and records triggered by a jumbo US interest rate cut ...

Bank of Japan Gov. Kazuo Ueda warned about uncertainties related to the global economic outlook at a press conference ...

Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally ...

Global stock markets diverged and the dollar was mixed against main rivals Friday following an equities rally triggered by a ...

The Bank of Japan unanimously decided to keep its policy rate unchanged at 0.25%. Amid growing confidence in achieving its ...

Over the past month, the BOJ's pledge to pursue more rate increases, alongside concerns over the outlook for the U.S. economy, caused wild swings in the markets. The Nikkei Stock Average suffered its ...

Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, ...