Oil prices at highs for November on hopes of OPEC deal
LONDON Oil prices rose on Tuesday to their highest this month as a growing consensus emerged in the market that OPEC would overcome internal disputes and scepticism to strike a deal that materially reduces crude output.But the market was sensitive to comments from officials attending a technical meeting of the Organization of the Petroleum Exporting Countries (OPEC) which was trying to hammer out the details of an agreement before the formal meeting on Nov. 30.Brent crude oil futures LCOc1 wer..>> view originalFind hot Black Friday deals online -- same as stores
Courtney Jespersen, NerdWallet 7:34 a.m. EST November 22, 2016 Money expert Matt Granite spills the shopping secrets you need to save the most on Black Friday and Cyber Monday. USA TODAY NETWORKShoppers line at the counter of a Target store in Queensbury, New York(Photo: ANDREW GOMBERT, EPA)More consumers are expected to shop online for gifts this holiday season, which is coaxing retailers to make sure their best Black Friday deals aren't just offered in stores.Many sales wi..>> view originalWhat Will Trump Trade Policy Actually Look Like? Three Possibilities
Here’s what those possibilities look like, from the most benign to the most disruptive.Scenario 1: The assertive stance, within existing institutionsThere really are some elements of the United States’ existing relationships with major trading partners that are dysfunctional and disadvantageous to the United States. By taking more aggressive stands on some of them, a Trump administration may be able to get better deals. Mr. Trump has said repeatedly that he wants to renegotiate the North Americ..>> view originalDow Tops 19000 for First Time
The Dow Jones Industrial Average breached 19000 for the first time early Tuesday, a day after major U.S. stock indexes hit records. It’s been a fast surge for the blue-chip index, which closed below 18000 less than three weeks ago. Since then, a stocks rally following the U.S. presidential election disparately benefited industrial companies and...>> view originalThe secretive brain trust of Silicon Valley insiders who are helping Trump
Paypal co-founder Peter Thiel speaks at the Republican National Convention in Cleveland, Ohio earlier this year (Photo by Jonathan Ernst/Reuters) Billionaire tech investor Peter Thiel is putting together a brain trust of Silicon Valley insiders to share ideas with the transition team for President-elect Donald Trump. But he’s having trouble finding takers. In recent days, the Facebook board member and PayPal cofounder - who is also a member of the Trump transition - has been appealing to fel..>> view originalSurprise! Warren Buffett turns out to be more prescient about stocks than politics
As many millions of people have been reminded recently, Warren Buffett, CEO of Berkshire Hathaway, doesn’t always call them right. He predicted two years ago that Hillary Clinton would both run for the presidency and win, and he never lost faith in that prospect until Election Night. On this day two weeks later, nonetheless, it is the right time to look at a widely-noted stock market prediction that Buffett made 17 years ago, in 1999, and that is just reaching its terminal point. Here, Buffett ..>> view originalEnergy Transfer and the Art of Transference
When the Energy Transfer family of companies announces a deal, it pays to look at the details -- from a philosophical point of view, anyway. Because, if you are a limited partner in the web of companies run by Kelcy Warren, your lack of ability to affect the outcome means, details or no, you'll have to live with the consequences.The latest one, whereby Sunoco Logistics Partners LP will buy Energy Transfer Partners LP for about $21 billion, is Warren's biggest since Energy Transfer Equity LP's i..>> view originalVolkswagen puts conquering Americas at heart of turnaround plan
By Andreas Cremer | WOLFSBURG, Germany WOLFSBURG, Germany Volkswagen (VOWG_p.DE) will need to conquer the Americas, the region at the center of its emissions scandal, to deliver a turnaround at its core VW brand, Europe's largest carmaker said on Tuesday. VW said it would launch a series of higher-margin SUVs, limousines and electric cars to try to win back customers in markets where it has long lagged competitors. VW brand chief Herbert Diess conceded it would take a decade to catch u..>> view originalCNN anchor: Donald Trump should denounce alt-right by name
Story highlightsJohn Phillips dismissed the alt-right as "kooks"Chris Cuomo said denouncing the group is part of Trump being a leader"It's about being a leader," Cuomo said on "New Day" Tuesday. "You denounce things that are wrong. That's what leaders do."He was responding to CNN political commentator John Phillips, who supported how Trump denounced "racism of any kind" after an alt-right leader urged people at a Trump victory gathering to "hail Trump" and "hail our people!" Trump did not, howev..>> view originalUS home sales reach strongest pace in nearly a decade
FILE - This Tuesday, May 24, 2016, file photo shows a home for sale in Andover, Mass. On Tuesday, Nov. 22, 2016, the National Association of Realtors reports on October sales of existing homes. (Elise Amendola, File/Associated Press) By Josh Boak | AP November 22 at 10:09 AM WASHINGTON — Americans bought homes in October at the fastest pace in nearly decade, helped out by low mortgage rates that have since started to climb following the presidential election of Donald Trump. The National..>> view original
Friday, December 9, 2016
Oil prices at highs for November on hopes of OPEC deal and other top stories.
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