(MT Newswires) – – Crude ended in negative territory for the week, as the the possibility of a higher crude supply continued to rattle global markets. Next week, the Organization of Petroleum Exporting Countries (OPEC) will hold a meeting where heavyweights Russia and Saudi Arabia will probably signal an increase in production, ending a policy […]
9:35 AM, Jun 14, 2018 — Federal Reserve Chairman Jerome Powell, in a generally soothing news conference on Wednesday, stressed his “practical” approach to rate hikes, keeping pace with a strengthening economy while being careful not to do too much. The chair confirmed that he will indeed begin holding a news conference after every Federal […]
11:12 AM, Jun 13, 2018 — Microsoft (MSFT) is revamping its Office applications, which the company said is the world’s most-used productivity product, after it gathered feedback from users to guide design changes that it’s touting as a “balance of power and simplicity.” Business and consumer customers will start getting the refreshed design of the […]
(MT Newswires) – -Crude ended in negative territory for the week, with the weakness in oil prices as traders mulled signs that the US again inched closer to becoming the world’s largest oil producer; this, however, was counterbalanced by risks to the global output from geopolitical worries in Iran and cuts in Venezuela. Data from […]
9:49 AM, Jun 5, 2018 — A June 12 summit between US President Donald Trump and North Korean leader Kim Jong Un in Singapore is seen as a calculated gamble that could end almost seven decades of hostility that started with the Korean War in June 1950. If successful, the summit could transform economics on […]
2:32 PM, Jun 4, 2018 — Apple (AAPL) unveiled the latest version of its iOS mobile operating system with an emphasis on augmented reality functions, and debuted applications that can help users take control of how much time they spend on their devices. Apple iOS12 is “designed to make everyday tasks faster and more responsive,” […]
(MT Newswires) – -Crude ended in negative territory for the week — suffering its lowest finish since April, following reports of rising US production as well as the possibility that the Organization of the Petroleum Exporting Countries and its allies would taper production curbs, if not outright boost crude output to help offset output losses […]
9:52 AM, Jun 1, 2018 — The European Union will open a case with the World Trade Organization over tariffs placed on steel and aluminum imports by the US, EU Foreign Affairs Chief Federica Mogherini said on Friday. “The European Union will today proceed with the WTO dispute settlement case adding those additional duties on […]
12:33 PM, May 30, 2018 — Canada’s central bank held its benchmark lending rate on hold as expected Wednesday, but a change in language in the accompanying statement has analysts projecting a hike at the next meeting in July. The target for the overnight rate was held at 1.25% by the Bank of Canada, in […]
7:59 AM, May 29, 2018 — Sales at Costco (COST) were strong in March and April and e-commerce continues to grow despite competition from major players including Amazon (AMZN) and Wal-Mart (WMT), RBC Capital Markets said on Tuesday. “Continued in-store traffic growth coupled with a burgeoning e-commerce channel, makes Costco one of the best stories […]
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