Newly appointed Trump communications director Anthony Scaramucci said Thursday he has a “very, very good idea” who the senior leakers are in the White House. Calling in to CNN on Thursday morning, Scaramucci also said if White House chief of staff Reince Priebus “wants to explain that he’s not a …

JC Penney and Nordstrom are among the names with the highest amount of short interest relative to their float, or shares available for trading. Source: Bespoke Investment Group The sales gap between Amazon and brick-and-mortar store-based retailers has widened over the past year, as internet retail convenience and competitive pricing …

Buddhika Weerasinghe | Getty Images A livestock farmer at a livestock auction market on January 11, 2017 in Yabu, Japan. Japan’s Ministry of Finance (MOF) said on Friday the country will raise tariffs on frozen beef imports from the United States and other countries from August to protect domestic producers. …

We have seen a classic midday dip in the markets Thursday because certain sectors are absurdly overbought, and the volumes have been thin. When bids are very light because there is not a lot of interest in bidding up the market at these prices, very small drops can cascade into …

Victor Fraile | Power Sport Images | Getty Images Airbus A380-800, manufactured by Airbus SAS and operated by Qatar Airways and Etihad Airways. Europe’s Airbus on Thursday unveiled a one-third slump in half-way operating profit on flat revenue, as delays in engine deliveries for its upgraded A320 neo hit interim …

Slide Show Slide Show|21 Photos Summer Nights Summer Nights CreditKrista Schlueter for The New York Times The opening night gala for Lincoln Center’s Mostly Mozart Festival, in its 51st year, was held at the David Geffen Hall on July 25, and honored the award-winning Amazon Original show “Mozart in the …

David Paul Morris | Bloomberg | Getty Images Jack Dorsey, co-founder and chief executive officer of Twitter Inc., Twitter has a new business idea: It wants to charge advertisers a monthly fee for the company to handle all of their promoted tweets. That means a business would pay Twitter $99 …

Nicholas Kamm | AFP | Getty Images U.S. House Speaker Paul Ryan speaks at his weekly press conference on Capitol Hill in Washington, DC, on July 27, 2017. The officials who issued the statement — House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell, Treasury Secretary Steven Mnuchin, National Economic …

U.S. oil prices surged toward the key $50-a-barrel level this week, but the rally likely has little gas left in the tank, analysts say. West Texas Intermediate crude futures tacked on about $4 a barrel, or 8.6 percent, this week to $49.71 for their best weekly performance all year. International …

Jose Cendon | Bloomberg | Getty Images People use their mobile phones in Abidjan, Ivory Coast, on August 31, 2015. It’s a match made in business heaven: Chinese technology companies hungry for expansion are diving into the less-developed African continent, where several countries are targeting double-digit economic growth. Iginio Gagliardone, …