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Business inventories rose 0.3% for the second straight month and for the fifth straight month overall in August, the Commerce Department said Thursday.

Builder sentiment inched up in October, the National Association of Home Builders said.

By the year 2047, the global population will have more people in retirement age than young people.

All members of the PHLX Semiconductor Index were in positive territory Thursday as TSMC offered upbeat commentary on the sector.

Production down 0.3%, slightly below forecast

Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of Energy.

One week after hitting the highest level in more than a year, initial jobless claims retreated by 19,000 to 241,000, the Labor Department said Thursday.  

Index rises to 10.3, second straight monthly gain

Sales up 0.4%, above market forecasts

Vyalev is the first subcutaneous 24-hour continuous infusion of levodopa-based therapy for advanced Parkinson’s disease.

Crude futures appeared to stabilize on Thursday, trading modestly higher after sliding for four sessions. But skepticism surrounding the latest stimulus measures announced by China overnight helped keep a lid on prices, analysts said.

Globe Life Inc. has been targeted in an extortion attempt, the life insurance company revealed Thursday.