Tuesday December 12-th, 2017

Hitting the road for Memorial Day weekend? You're not alone Hitting the road for Memorial Day weekend? You're not alone

Starting today through Monday, about 39.3 million people will be traveling 50 miles or more during the traditional Memorial Day weekend kickoff of summer, which is about 1 million more than past year and the highest figure in a decade, according to ...

OPEC and other nations extend output cuts OPEC and other nations extend output cuts

Bloomberg also noted that Saudi Arabia generally has less oil to supply to the U.S.in summer months due to amplified domestic demand for cooling needs during the scorching desert summer. "I never worry about the daily reaction of the market", he tol...

Pakistan economy grows at highest rate in decade Pakistan economy grows at highest rate in decade

Dar, as has become the norm, harangued against those who constantly challenge government data and stated that while overseas he is consistently told that this is creating confusion. Fourth, the rupee, he noted belligerently, is not overvalued and tha...

Phoenix, Buckeye stand tall in new USA population estimates Phoenix, Buckeye stand tall in new USA population estimates

Its 2,400 new residents represent a 2.4 percent increase from 2015. New data from the U.S. Census Bureau lists Charleston as the state's most populous city. The Birmingham mayor's office sees the new Census estimates as a positive for the city comp...

Iran's President labels Trump's visit 'just a show'

He also said that stability could not be achieved in the Middle East without Tehran's help, responding to criticism of the Islamic Republic from U.S. He said people in the USA would not be willing "to exchange what they lost in the 9/11 terrorist...

OPEC likely to extend output cuts, but price relief elusive

With crude prices above $50 a barrel from lows of previous year, they are increasingly moving back into the market . Even worse prospects - this time for fundamentals - was voiced by Abhishek Kumar , senior energy analyst at Interfax Energys G...

Fed Set to Wind Down Trillion-Dollar US Balance Sheet

Since the onset of the Great Recession in 2008, the Federal Reserve deviated from rules for determining interest rates to pursue an "accommodative monetary policy", Fischer explained. 27. Paul Ashworth , chief USA economist at Capital Economi...

Senators: Comey to testify publicly before intelligence panel

A US official read notes taken of the conversation to The Times' reporters. The most visible questions about the possible cover-up have come since Trump took office, and especially in the days since Trump abruptly fired Comey. The meeting will be...

US Treasury slaps sanctions on 8 Venezuela court justices US Treasury slaps sanctions on 8 Venezuela court justices

Uruguay's United Nations ambassador, Elbio Rosselli, this month's council president, said his government favors a regional approach and is working with many other countries to help the political factions in Venezuela resolve the crisis. It said the...

OPEC likely to extend output cuts into next year

Saudi crude oil exports in March rose by 275,000 barrels per day month-on-month to 7.232 million barrels per day from February's 26-month-low, according to the report of the Joint Organizations Data Initiative (JODI). And that's where Thursday's ...

Branstad to be sworn in as Chinese ambassador Wednesday Branstad to be sworn in as Chinese ambassador Wednesday

Arthur Dong, professor at Georgetown University, says Branstad's post is one of the most important State Department positions in the world. . They say the voter ID law will maintain election integrity, though there's little evidence of fraudulent vo...

Supreme Court agrees: GOP lawmakers used race to redraw voting districts

The court held, however, that "North Carolina's victory in a similar state-court lawsuit does not dictate the disposition of this case ". They lost, and now North Carolina may be facing the challenge of drawing new lines and having elections in 20...

Has Snap Inc. Stopped Growing, Giving Facebook More Growth Opportunities?

But in the rest of the world, Snap only added a million daily users , reaching 40 million daily active users. Imran Khan, chief strategist at Snap , added: "We made good progress this quarter improving the performance and quality of our Snapch...

This Obama-era retirement rule survived Trump This Obama-era retirement rule survived Trump

The idea is that a new administration cannot just arbitrarily toss out fairly crafted rulemaking installed by a predecessor, but it can implement a fairly crafted set of rules on its own that more or less have the same ultimate effect. In March, the ...

Africa on top of India's priority as growth pole: PM Africa on top of India's priority as growth pole: PM

This cooperation is both a mutual privilege and priority. "That is what this Bank is about - transforming African lives, and transforming the African continent". "India can not compete with Africa in long distance running", he said on a lighter not...

For NASA Astronauts, Tuesday's Emergency Spacewalk is Fraught With Danger For NASA Astronauts, Tuesday's Emergency Spacewalk is Fraught With Danger

Whitson and Expedition 50 Commander Shane Kimbrough , KE5HOD, had installed the failed computer relay box during a March 30 spacewalk. Known as the multiplexer-demultiplexer (MDM), the box is a unit that controls solar arrays, radiators, cooling lo...

U.S. new-home sales drop 11.4% in April, most in 2 years U.S. new-home sales drop 11.4% in April, most in 2 years

New single-family home sales rose to a seasonally adjusted annual rate of 569,000 in April, according to the U.S. Census Bureau and the Department of Housing and Urban Development. The U.S. dollar .DXY was slightly firmer against a basket of curren...

Ex-CIA chief says he warned Russians about election meddling Ex-CIA chief says he warned Russians about election meddling

The document is the latest to shed light on how Flynn received a clearance and was hired as Trump's national security adviser. Cummings wrote Monday that his committee was in the possession of documents that showed that Flynn misled security cleara...

Investors Peering into the Details on PennTex Midstream Partners, LP (NasdaqGS:PTXP)

It is negative, as 22 investors sold EQM shares while 55 reduced holdings. With 4,300 avg volume, 3 days are for Mackinac Financial Corporation (NASDAQ:MFNC)'s short sellers to cover MFNC's short positions. Shares of Summit Midstream Partners ( NYSE:...

Asia Pacific ministers meet seeking to finalize trade pact Asia Pacific ministers meet seeking to finalize trade pact

The negotiations followed a weekend of talks among Asia Pacific Economic Cooperation (APEC) countries that were overshadowed by fears of USA protectionism under President Donald Trump's "America First" agenda. As chair of the meeting, Vietnamese Mi...

Novavax, Inc. (NVAX) CFO Barclay A. Phillips Buys 25000 Shares

Novavax, Inc . (NVAX ) has a market capitalization of 308.05 Million which suggests the company is a huge company further suggesting that the shares of Novavax, Inc . This is the current Zacks consensus EPS which was calculated at the time of writ...

Oil prices edge up in anticipation of extended crude output cut

The American Petroleum Institute reported Tuesday stockpiles fell by 5.8 million barrels last week, more than the 1.8 million-barrel slide analysts predicted. Investing.com offers an extensive set of professional tools for the financial markets. Add...

Euro zone, International Monetary Fund to seek compromise on Greek debt deal Euro zone, International Monetary Fund to seek compromise on Greek debt deal

The size and timing of the debt relief package for Greece is an apple of discord between the nation's numerous creditors. A group of mainly northern-European euro zone countries want the International Monetary Fund to join the bailout for credibili...

Silvio Berlusconi takes a dig at Emmanuel Macron

For interior minister, Macron picked Gerard Collomb, the mayor of Lyon who was one of the first Socialists to support him. Current Defence Minister Jean-Yves Le Drian is expected to be the only survivor from the government of Francois Hollande , w...

Video shows 'bullying' incident days before 8-year-old took his life Video shows 'bullying' incident days before 8-year-old took his life

Video surveillance reviewed by a homicide detective with the Cincinnati police force allegedly shows little Gabriel Taye being knocked unconscious by students at Carson Elementary School on January 24, the Cincinnati Enquirer reported on Thursda...

Buffett: GOP Health Care Bill a Tax Cut for the Rich

At the same time, Buffett said health care costs "are the tapeworm of American economic competitiveness " and have risen from 5 percent of gross domestic product in the 1960s to about 17 percent today. Berkshire's annual shareholder meeting has al...

Salesforce rises after beating on earnings, raising guidance Salesforce rises after beating on earnings, raising guidance

Shares of salesforce .com, inc. CRM's profit will be $42.51 million for 369.38 P/E if the $0.06 EPS becomes a reality. Shares of the company were up almost 2 percent in extended trading. APG Asset Management N.V. now owns 1,602,681 shares of the...

Report highlights the promising future of distributed solar energy and storage Report highlights the promising future of distributed solar energy and storage

The partnership gives the two companies a product offering similar to those that other firms are bringing to market. Boris von Bormann, CEO of Mercedes-Benz Energy Americas, said: "As Mercedes-Benz electrifies its vehicle fleet, solar plus storag...

Try Dunkin' Donuts' new frozen coffee for free Friday Try Dunkin' Donuts' new frozen coffee for free Friday

Dunkin' Donuts introduced Frozen Dunkin' Coffee at the beginning of May as a permanent addition to its coffee lineup. While some saw the Coffee Coolatta as a decadent dessert - a large frozen mocha with cream packed 990 calories and 133 grams of ...

Oil market 'almost balanced' despite rising United States supply: IEA

But there's one thing standing in the way of higher prices: US oil production. Oil futures were up in North American trading on Tuesday, with prices headed closer to daily highs reached in the prior session, as investors looked ahead to weekly data...

Target, Wal-Mart, Amazon locked in a shipping battle Target, Wal-Mart, Amazon locked in a shipping battle

Chief Executive Officer, Dough McMillion said, "We need to scale our e-commerce business further and see some additional strength in our store comps to deliver the results we know we're capable of". This decline was primarily due to an increase in in...

Wal-Mart's online sales surge, tops 1Q expectations Wal-Mart's online sales surge, tops 1Q expectations

The results reflected Wal-Mart's efforts to lure customers to U.S. stores through upgrades to infrastructure , better customer service after boosting worker pay, and enhanced e-commerce offerings. Wal-Mart had reported that majority of its internet ...

Nigeria, others benefit as oil prices surge 3 per cent Nigeria, others benefit as oil prices surge 3 per cent

Production rose, however, and gasoline demand over the last four weeks was 2.5 percent lower than at the same time period a year ago. As oil dropped below $50 last week, analysts expect producers will be forced to continue the cuts. Inventories at ...

2 killed in tornadoes in Wisconsin and Oklahoma; 25 hurt

However, Fire Chaplain Danny Ringer said that one person died because of the twister. According to the Wisconsin Department of Military Affairs, about 40 trailer homes were destroyed by the tornado. "The storm destroyed a home in Western Oklahoma ...

US Treasury Vows No Special Treatment For Trump In Investment Reviews US Treasury Vows No Special Treatment For Trump In Investment Reviews

During a hearing Thursday to receive an worldwide and domestic policy update from U.S. Treasury Secretary Steve Mnuchin , Senator Bob Corker expressed optimism about the prospects of congressional action on housing finance reform. "We do not support...

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