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  • Jack Lew: We're going to hold China accountable
    Treasury Secretary Jack Lew, in an exclusive interview with CNBC, diplomatically but firmly criticized China's handling of its devaluation.
  • Wall Street set to build on gains, data ahead
    U.S. stock index futures indicated a higher open on Thursday, building on Wednesday's rally which saw major averages gain more than 1.5 percent.
  • Oil rangebound as equity rally offsets inventory rise
    Crude prices traded in a narrow range on Thursday as optimism over equity markets helped offset a surprise increase in U.S. oil inventory levels and a firm U.S. dollar. A respite from bearish economic news in China, where markets are closed for public holidays for the rest of the week, also helped hold oil prices rangebound after weeks of huge swings. Olivier Jakob, managing director of PetroMatrix, said the market was quietening down after extreme moves, with holidays in the two largest oil consuming countries - the United States and China - helping temper the appetite for risk taking.

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