Finance Latest News: Oil Rises Slightly on US Economic Optimism

Now watching

Next video starts in : 7 Play

Finance Latest News: Oil Rises Slightly on US Economic Optimism

Finance Latest News: Oil Rises Slightly on US Economic Optimism
Replay video
Up next

Bill Gross on the market, Whole Foods tanks and Google's new feature

Unlock your personal NFL Now stream by signing in to NFL.com

Finance Latest News: Oil Rises Slightly on US Economic Optimism

by Wochit 0:53 mins

The price of oil rose slightly Thursday, as optimism about the U.S. economy helped erase some early losses. Starbucks Corp posted a bigger than expected jump in quarterly profit after new "Refresher" fruit beverages and seasonal Frappuccino iced drinks helped drive more visits to its shops in the United States, its top market. The word that Steve Cohen hates is coming back to bite him. A federal indictment on Thursday of the billionaire hedge fund manager's firm, SAC Capital Advisors, uses the word "edge" 14 times to describe the way its traders sought information or insight that no one else on Wall Street had.

View Comments (0)