Markets

by | December 27, 2018 | 01:08

Earlier this month, OPEC and its allies led by Russian Federation, agreed to curb crude oil production by 1.2 million barrels per day starting in January. ET on Christmas Eve. The Federal Reserves' fourth interest rate hike this year further complicated the situation by fanning anxieties over sagging economic growth.

by | December 26, 2018 | 20:56

Billions of Dollars, & lives, will be saved! Those measures are meant to prevent the economy from overheating at a time of brisk growth and an unemployment rate near a half-century low. According to Mnuchin's office, the CEOs confirmed "that they have ample liquidity available for lending to consumer, business markets, and all other market operations".

by | December 26, 2018 | 17:01

The United Forum of Bank Unions (UFBU) on Wednesday said its one-day all-India bank strike on December 26 (today) was a "total success". However, branches of new generation private sector banks remain unaffected by the strike called by UFBU, which claims to have membership of almost 10 lakh bank employees and officers across 21 public sector banks.

by | December 26, 2018 | 16:24

Even in today's mile-a-minute world , most businesses will close down or at least cut their hours short. If you woke up to find the last of the milk or butter gone, here are your options for last-minute grocery runs. Circle K: Most locations open 24/7. All Walmart stores are open until 6 p.m. Monday. QuikTrip and KwikShop locations will also be open on Christmas Day.

by | December 26, 2018 | 14:03

Combined with a $294 million Powerball jackpot up for grabs on Wednesday, the holiday week could deliver prizes worth more than $600 million. The estimated cash option for the Powerball is $177.6 million. Virgin Islands. The last Mega Millions jackpot hit was a $1.5 billion-winning ticket sold in SC - the victor has still not come forward. The Mega Millions drawing is tomorrow, falling on Christmas Day, and lots of people here at home have already been buying their tickets.

by | December 26, 2018 | 03:49

Tortoise portfolio manager Rob Thummel on the recent slide in oil prices and why he expects oil to make a comeback. They earlier climbed as high as $46.24. Total volume traded Monday was about 42% below the 100-day average ahead of the Christmas holiday Tuesday. But OPEC president and United Arab Emirates Energy Minister Suhail al-Mazrouei said the surplus in the oil market was small compared to 2017 and expected it to vanish in one or two months.

by | December 26, 2018 | 03:08

A statement by Mnuchin on Sunday about his conversation with the banks and plans to convene the so-called Plunge Protection Team "was not especially comforting, however, given that investors had not generally been questioning market functioning in recent days, despite large declines", Nick Bennenbroek, currency strategist at Wells Fargo in NY, wrote in a note to clients.

by | December 26, 2018 | 02:43

OPEC - a cartel of producer countries that has long manipulated output of the commodity, to influence global prices in members' favour - and non-OPEC members agreed in early December to trim production by 1.2 million barrels a day from January 1, in a bid to shore up sagging prices.

by | December 25, 2018 | 23:48

It will offer similar driver assistance features as NIO's, boasts a massive Tesla-style touchscreen in the dashboard, and has a battery pack that should last somewhere around 230 miles (though full details are still scarce). Other auto makers have partnered with Chinese companies to enter the Chinese market. Xpeng hasn't announced plans to expand beyond China yet, but a number of other Chinese automakers - likeSF Motors, a subsidiary of auto giant Sokon, orQiantu, another startup that ...

by | December 25, 2018 | 22:26

President Trump blamed Democrats for the stalemate, tweeting Monday that "Virtually every Democrat we are dealing with today strongly supported a Border Wall or Fence". And in addition to that, and I think very, very importantly, we've built a lot of new wall. However, an AP Fact Check found that USA arrests on the Mexican border jumped 78 percent in November from a year earlier to the highest level in President Trump's presidency.

by | December 25, 2018 | 22:23

The day's downdraft hammered crude oil prices: West Texas Intermediate, the benchmark US crude oil, tumbled 6.7 percent to $42.53 per barrel. Yet much of the gains in equities since his election have been been erased by months of turmoil, as investors grow increasingly concerned about the impact of the administration's trade battles with China and Europe.

by | December 25, 2018 | 21:19

Speaking outside the couple's home on Monday, Paul Gait said he and Elaine Kirk both felt " completely violated " and "deeply distressed" by the recent events. Government ministers were briefed on the situation in a conference call Monday chaired by Transport Secretary Chris Grayling . Counter drone equipment deployed on a rooftop at Gatwick airport as the airport and airlines work to clear the backlog of flights delayed by a drone incident earlier in the week, in Crawley, England, ...

by | December 25, 2018 | 18:14

Oil prices are down more than 30% from peaks seen in October. Stock markets are wobbly. Amid brisk economic expansion after a decade of steady job growth, USA unemployment is flirting with a 50-year low, but the United States economy is expected to slow.

by | December 25, 2018 | 16:59

CVS locations that are usually open 24 hours a day are posting special Christmas hours, from 8 a.m.to 9 p.m. on December 25, 2018. Most McDonald's restaurants will be closed on Christmas Day throughout the country. 7-Eleven. Most stores are open 365 days a year, including Christmas Day . The last few days before Christmas were frantic, Ipsos Retail Performance said, with 27.4% more trips were made to non-food stores in the United Kingdom on Christmas Eve this year compared to last.

by | December 25, 2018 | 16:19

The Franco-Brazilian-Lebanese executive earlier had hoped of being freed on bail after the same court rejected a bid last week by prosecutors to extend his detention over allegations related to under-reporting his income. This is based on the suspicion that Ghosn could have passed a personal investment loss of $ 16 million on the vehicle manufacturer Nissan. Nissan has put off a decision on Ghosn's replacement.

by | December 25, 2018 | 08:31

In an emailed response to Reuters, a Goldman Sachs spokesman said the bank meant to "vigorously contest these charges". (NYSE:GS) were released by: Investorplace.com and their article: "5 Big Bank Stocks to Sell Now - Investorplace.com" published on December 04, 2018 as well as Seekingalpha.com's news article titled: "Stocks To Watch: Tencent Music, Starbucks And Under Armour In Focus - Seeking Alpha" with publication date: December 08, 2018.

by | December 25, 2018 | 07:25

Other online responses traded on Charles Dickens' "A Christmas Carol", especially when the uncaring miser Ebenezer Scrooge is shown the error of his ways. "Different people from the same White House are saying different things about what the president would accept or not accept to end his Trump Shutdown, making it impossible to know where they stand at any given moment", House Democratic leader Nancy Pelosi and Senate Democratic leader Chuck Schumer said in joint statement.

by | December 25, 2018 | 04:12

Wine Rack stores and many local craft breweries will also have extended hours, although you should check ahead before you go. Good news everyone. Dunkin' is open on Christmas Day . All Tesco stores will then be closed on Christmas Day , so if you need any last minute supplies for the big day then you will need to make sure that you buy it by the end of Christmas Eve .

by | December 25, 2018 | 01:40

But in his calls, the Treasury chief "also confirmed that they have not experienced any clearance or margin issues and that the markets continue to function properly", meaning that the string of recent poor economic news, including the Federal Reserve Board's increase in interest rates, isn't leading to the kind of "credit crunch" scenario that came about in 2007-08.

by | December 25, 2018 | 01:10

Best Buy is open from 7 a.m. until 6 p.m. Christmas Eve , but it closed on Christmas Day . While some businesses - like Sheetz - are running promotions on Christmas Day , other businesses that are ordinarily open around the clock - like Walmart - will actually close.