markets

Barclays jumps 8.6% after announcing major strategic overhaul

LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced…

Houthis claim ‘catastrophic’ attack in Red Sea that prompted crew to abandon ship

The Iran-backed Houthi militant group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel in…

January wholesale prices rise more than expected, another sign of persistent inflation

Wholesale prices rose more than expected in January, further complicating the inflation picture, according to a U.S. Department of Labor…