OPEC Countries Thinking of Cutting Oil Production

It signals that the world's largest oil exporter won't stand for crude crashing any further. "Twelve days in a row is insane - but there are a lot of pieces putting pressure on the market", said Bob Yawger, director of energy futures at Mizuho. More..

by | Published 14 hours ago
Federal Reserve leaves key policy rate unchanged
by | Monday, November 12, 2018

Federal Reserve leaves key policy rate unchanged

ET on Thursday. The U.S. interest rate is now in a range of 2 to 2.25 percent, but the Fed has signaled it wants to gradually raise rates in the coming months to 3 percent or slightly higher. The Fed's meetin...More..

Democrats take control of US House of Representatives
by | Wednesday, November 07, 2018

Democrats take control of US House of Representatives

Democrats need to pick up two dozen seats to claim the House majority. Trump penned an election-eve op-ed running on the Fox News website. The electorate is also deciding on the carbon tax. Democratic S...More..

Democrats gain control of U.S
by | Wednesday, November 07, 2018

Democrats gain control of U.S

The House of Representatives will flip to the control of the Democrats while Trump's Republicans have retained control over the Senate . If we propose significant legislation on these two issues in the...More..

Both parties in frenzied final push before U.S. elections
by | Tuesday, November 06, 2018

Both parties in frenzied final push before U.S. elections

All gloves are off as both parties hope to keep or gain power in an election not lacking in juicy scandals. The midterms are a big deal: all 435 seats in the House of Representatives and 35 of the 100 ...More..

Lowe’s closing underperforming stores
by | Tuesday, November 06, 2018

Lowe’s closing underperforming stores

Lowe's made the announcement Monday. But some will be shut down immediately. Two Rona stores and one Lowe's store will close in northeastern Ontario. It will also close 20 "underperforming" stores in the U.S....More..

Google workers stage global walkouts over sex misconduct
by | Sunday, November 04, 2018

Google workers stage global walkouts over sex misconduct

Google staff in Zurich, London, Dublin, Tokyo, and Berlin also staged their walkouts. Last week, the New York Times detailed allegations against the creator of the Google's Android software Andy Rubin. "The...More..

Get a free Starbucks holiday cup and a discount through January 7
by | Saturday, November 03, 2018

Get a free Starbucks holiday cup and a discount through January 7

A year ago we got the brand's first-ever colour-in holiday cup , giving customers to opportunity to create one-of-a-kind designs, but for 2018 the coffee giant has gone totally classic with retro-graphic patte...More..

Oil prices fall on rising supply, trade tensions
by | Saturday, November 03, 2018

Oil prices fall on rising supply, trade tensions

U.S. commercial crude oil stockpiles in the week ending October 19 rose 6.3 million barrels week on week while total petroleum inventories dropped as much as 8 million barrels, according to data issued by the...More..

by | Saturday, November 03, 2018

China says Xi-Trump phone call ‘extremely positive’

Trump administration officials have said that trade talks with China can not resume until Beijing comes up with specific actions it is willing take to meet United States demands for sweeping changes to polici...More..

Iraq To Stop Oil Exports To Iran In Compliance With US Sanctions
by | Friday, November 02, 2018

Iraq To Stop Oil Exports To Iran In Compliance With US Sanctions

Iran's First Vice President Es'haq Jahangiri was quoted by media as saying that the government of President Hassan Rouhani had already devised mechanisms to counter the impacts of returning U.S. The US is set t...More..

Rwanda improves eleven places in Doing Business
by | Friday, November 02, 2018

Rwanda improves eleven places in Doing Business

The new ranking marks the fifth year-on-year improvement in the country's overall ranking since 2014 (under Jubilee Administration), moving 75 places from position 136 to position 61. The report , however, s...More..

RBI Governor Urjit Patel may consider resigning after rift with government
by | Wednesday, October 31, 2018

RBI Governor Urjit Patel may consider resigning after rift with government

As per the Section 7 of the RBI Act, the Central Government is entitled to give directions to the Central Bank after it consults the RBI Governor . Reserve Bank of India (RBI) governor Urjit Patel may con...More..

Powerball numbers drawn for $750M jackpot, 4th largest in United States history
by | Sunday, October 28, 2018

Powerball numbers drawn for $750M jackpot, 4th largest in United States history

That was the largest prize won in the state. The victor or winners would also have a one-time cash option of $428.6 million - a prize that's still more than alright. The odds of winning the top prize might ...More..

Saudi handling of Khashoggi murder was 'a total fiasco', Trump says
by | Saturday, October 27, 2018

Saudi handling of Khashoggi murder was 'a total fiasco', Trump says

Turkish media have also published a security camera image allegedly showing a vehicle belonging to the Saudi Consulate "scouting" a forest in the outskirts of Istanbul before Khashoggi was killed. British P...More..

Intel, Alphabet and Amazon are the Yahoo Finance charts of the day
by | Saturday, October 27, 2018

Intel, Alphabet and Amazon are the Yahoo Finance charts of the day

Fourth-quarter operating income is expected to fall between $2.1 billion and $3.6 billion. Amazon is poised to benefit from that shift, capturing nearly half of all USA online sales, according to EMarketer Inc....More..

Central Intelligence Agency chief briefs Trump after Turkey visit
by | Friday, October 26, 2018

Central Intelligence Agency chief briefs Trump after Turkey visit

WWE announced Thursday morning that Crown Jewel will take place as scheduled in Saudi Arabia next week, despite the controversy surrounding the Saudi government's involvement in the death of USA -based jour...More..

Mega Millions Results: Winning Numbers Announced For $1.6 Billion Jackpot
by | Wednesday, October 24, 2018

Mega Millions Results: Winning Numbers Announced For $1.6 Billion Jackpot

Monday, according to Assistant Manager Shannon Thompson. The more tickets sold, the more the jackpots grow, leading to more players and. you get the idea. (It's only $2 per ticket, after all.) As Phoebe says, "...More..

Mega Millions jackpot soars to estimated $1 billion ahead of Friday's drawing
by | Monday, October 22, 2018

Mega Millions jackpot soars to estimated $1 billion ahead of Friday's drawing

U.S. lottery winnings are taxable at the federal level, unlike in many other countries, while some states also impose local taxes. At its inception, only six states participated in drawings, but that number q...More..

Commodities - Oil Rises, Gold Drops on Saudi Concerns
by | Monday, October 22, 2018

Commodities - Oil Rises, Gold Drops on Saudi Concerns

Brent crude, the global benchmark, was down $1.07 at $78.98 a barrel at 1330 GMT. The price of Brent crude stands at about $84 per barrel, after having risen to $86 per barrel, as the November 5 deadline for ...More..

Trump escalates his attack on Fed: ‘My biggest threat’
by | Sunday, October 21, 2018

Trump escalates his attack on Fed: ‘My biggest threat’

The minutes did not indicate that officials reached a conclusion. "The combination of a strengthening USA dollar and commodity price pressures could bring a test of the two-year low around $0.7040 in the comi...More..

Trump Backs Away From Crown Prince, Tells Advisers He Barely Knows Him
by | Friday, October 19, 2018

Trump Backs Away From Crown Prince, Tells Advisers He Barely Knows Him

However, Saudi Arabia says reports on Mr Khashoggi's death are "completely false and baseless" and that it is "open to co-operation" to find out what happened. Khashoggi, a longtime Saudi critic, has not been...More..

Iran blames U.S. sanctions for rising oil price
by | Thursday, October 18, 2018

Iran blames U.S. sanctions for rising oil price

Brent crude LCOc1 was up 15 cents at $81.56 a barrel by 0735 GMT, after gaining $1.15 in the previous three sessions. The rise, reported by the US Energy Information Administration was nearly triple what a...More..

Saudi Arabia vows retaliation against U.S. sanction 'threats' following Jamal Khashoggi's disappearance
by | Thursday, October 18, 2018

Saudi Arabia vows retaliation against U.S. sanction 'threats' following Jamal Khashoggi's disappearance

In a joint statement , Jeremy Hunt, Jean-Yves Le Drian and Heiko Maas said: "There needs to be a credible investigation to establish the truth about what happened, and - if relevant - to identify those bearing...More..

Mega Millions ticket worth $5 million purchased at Texas store
by | Thursday, October 18, 2018

Mega Millions ticket worth $5 million purchased at Texas store

Mega Millions is a lottery that's available in 44 states , plus Washington, D.C., and the U.S. Virgin Islands. The drawing for $667-million was the fourth largest in US history. The MegaMillions prize for Tu...More..

Saudi Arabia transfers $152 million to USA amid Khashoggi crisis
by | Thursday, October 18, 2018

Saudi Arabia transfers $152 million to USA amid Khashoggi crisis

Trump ally Senator Lindsey Graham, Republican of SC and one of the kingdom's biggest defenders, angrily rejected the Saudi denials that Trump repeated. Consul Otaibi left Istanbul on Tuesday for Riyadh ahead of...More..

Mega Millions' $654M prize is fourth-largest in US history
by | Tuesday, October 16, 2018

Mega Millions' $654M prize is fourth-largest in US history

Tuesday's drawing is close to breaking the record for the largest-ever prize in the game's history. Wednesday night's Powerball drawing will be the 19th since the jackpot was last hit August 11, when a $245...More..

Saudis preparing to acknowledge journalist died after interrogation 'went wrong'
by | Tuesday, October 16, 2018

Saudis preparing to acknowledge journalist died after interrogation 'went wrong'

Khashoggi, a Saudi national and U.S. resident who became increasingly critical of Prince Mohammed in columns for the Washington Post , has not been seen since he walked into the kingdom's Istanbul consulat...More..

Facebook Recent Hack Affected 30 Mn Accounts, Not 50 Mn: Guy Rosen
by | Monday, October 15, 2018

Facebook Recent Hack Affected 30 Mn Accounts, Not 50 Mn: Guy Rosen

The hackers didn't access all of the affected accounts immediately. That suggests Facebook may know or suspect who is actually behind the breach. Facebook believes only one million of the total compromi...More..

Mega Millions winning numbers announced for $548 million jackpot
by | Monday, October 15, 2018

Mega Millions winning numbers announced for $548 million jackpot

Right now, Tuesday's drawing comes with a cash option worth $372 million. The Tuesday drawing marked the 22nd consecutive one where nobody matched all six numbers drawn, according to the lottery website. Frid...More..