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U.S. crude inventories slump amid near record refining: EIA

U.S. crude oil inventories fell for the seventh straight week as refiners processed a near record amount of crude last week, the Energy Information Administration said on Wednesday, even as gasoline and distillate stockpiles also dipped.

Bitcoin soars above $2,400 to all-time high

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.

Home sales fall as tight supply boosts prices

U.S. home resales fell more than expected in April, weighed down by a chronic shortage of houses on the market that is keeping house prices elevated and sidelining prospective buyers.


U.S. House Democrats seek info from Deutsche Bank on Trump accounts

Democrats on the U.S. House Financial Services Committee said on Wednesday they have asked Deutsche Bank to provide information on whether any accounts connected to U.S. President Donald Trump have ties to Russia.