Entries by MT Newswires

Concerns Grow Of Venezuela Financial, Crude Output Collapse

4:05 AM, Jan 13, 2017 — Analysts are increasingly concerned by rumored slumps in crude production by Venezuela’s state-owned energy company PDVSA with unconfirmed reports suggesting that 2017 will see production at nearly quarter-century lows. For the past year food shortages linked to a sharp drop in the bolivar currency have led to looting and […]

MT Newswires Exclusive: Stocks to Continue Run in 2017 Amid Increased Government Spending, Deregulation, Schwab Says

8:30 AM, Dec 29, 2016 — Expectations for increased government spending, deregulation in some industries and accelerated fiscal stimulus may boost stock prices to new highs in 2017, according to analysts at Charles Schwab (SCHW). President-elect Donald Trump has said he plans to increase government spending by spending $1 trillion on infrastructure in the next […]

MT Newswires Exclusive: Fed to Tighten Rates at Accelerated Pace in 2017 Amid Projections for Faster Inflation, Economic Growth

9:26 AM, Dec 15, 2016 — The Federal Reserve said it expects a faster pace of tightening in the benchmark interest rate next year amid prospects for accelerated inflation and economic growth. The Federal Open Market Committee raised the federal funds rate to 0.5% to 0.75%, the first increase since December 2015 and only the […]