Oil prices edged higher on a softer dollar, supported by prospects the Fed will soon start cutting rates and after China’s unexpected decision to cut key rates in efforts to boost growth.
Ryanair cut its outlook for second-quarter fares after earnings in the first three months of its fiscal year fell on lower ticket prices and a decline in passenger-generated revenue.
At least 20 U.S. citizens are in Russian jails, six of them since Journal reporter U.S. or dual U.S.-Russian citizens Evan Gershkovich was arrested in March 2023, in an apparent strategy to put leverage on the U.S.