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Saturday, November 17, 2018
© Reuters/CHRISTIAN HARTMANN A pumpjack is seen at sunset outside Scheibenhard, near Strasbourg By Henning Gloystein SINGAPORE (Reuters) - Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record U.S. production dragged. U.S. West Texas Intermediate (WTI) crude oil...
The dispute between the U.S. and China over trade deficits and surpluses is rather trivial compared to the broader philosophical differences between the world's two biggest economic superpowers, Bridgewater Associates founder Ray Dalio told CNBC on Thursday. "The trade war, I think, can be worked out," the billionaire investor...
Atlanta Fed President Raphael Bostic called for caution as the central bank determines how far and how fast to keep raising interest rates. Bostic said the central bank is "not too far" from reaching a "neutral" short-term policy rate, a term the Fed likes to use to describe a...
(Reuters) - Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is “personally outraged” that any of the bank’s officials would take the actions laid out in U.S. government charges of fraud involving Malaysia’s state controlled investment bank, 1MDB. FILE PHOTO: David Solomon,...
Jim Cramer reveals that Constellation Brands and Canopy Growth are the best plays for investors in the marijuana market.  2018-11-15 23:59:00 Read more from source here...
PG&E Soars After Regulator Said to Signal No Bankruptcy Interest  BloombergFull coverage 2018-11-15 23:19:02 Read more from source here...
In what could foreshadow things to come, the first lawsuits have been filed by California fire victims against the state’s largest utility company PG&E, blaming the company for igniting the still-raging wildfire burning across Butte County.As of Thursday morning, the Northern California’s Camp Fire had taken the lives...
Former Treasury Secretary Larry Summers has put the chances of a U.S. recession at 50 percent within the next two years. The economist told CNBC's Joumanna Bercetche on Thursday that a slowdown in growth was a "near certainty" before adding "the recession risk is nearly 50 percent over the...
The Federal Reserve in 2019 will launch a broad look at how it conducts policy and conveys what is doing to the public. Central bank officials announced Thursday that they will look at "strategies, tools, and communication practices" the Fed uses to formulate monetary policy. Such a review has...
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking/File Photo (Reuters) - Wells Fargo & Co. said on Thursday the bank given has given notice to team members in its Consumer Lending and Payments, Virtual Solutions...

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