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HOUSTON (Reuters) -Oil prices settled lower on Tuesday, extending the previous day's losses in choppy trade after Israel agreed to a ceasefire deal with Hezbollah, reducing oil's risk premium. The accord between Israel and armed group Hezbollah was expected to take effect on Wednesday, U.S. President Joe Biden said. Israeli Prime Minister Benjamin Netanyahu said he was ready to implement a ceasefire and would "respond forcefully to any violation" by Hezbollah.

With Wall Street about to log off for what's effectively a four-day Thanksgiving holiday, trade tariff jitters are replaced by inflation angst as the Federal Reserve gets another price check. Although big automakers took a hit, broad U.S. stock indexes seemed unperturbed on Tuesday by President-elect Donald Trump's threat of 25% tariffs on imports from Canada, Mexico and China. With trading thinning this week, stocks are still feeding off assumptions about the extent of Trump's agenda of tax cuts, tariff rises and immigration crackdowns.

(Reuters) -Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors digested President-elect Donald Trump's tariff pledges on top trade partners and the latest minutes from the Federal Reserve. U.S. short-term interest-rate futures pared earlier losses after the Fed's latest minutes showed officials appeared divided over how much further they may need to cut interest rates.

A threat of new tariffs from President-elect Donald Trump has Wall Street telling clients this may only be the beginning of a new era for US trade policy.

High mortgage rates and impacts from Hurricanes Helene and Milton put a damper on buyer demand.

(Bloomberg) -- Goldman Sachs Group Inc. is making a contrarian case for a steep slowdown in South Africa inflation next year, setting itself apart from other observers and the country’s central bank. Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the Field“We think inflation will average 3.3% next year, and then will pick up and stabilize

Novo Nordisk Foundation CEO Mads Krogsgaard Thomsen said only 9 million people are using GLP-1s compared with 1 billion people living with obesity.