Brent oil edged up to $65 a barrel on Tuesday as Saudi Arabia and the rest of OPEC were expected to stick to their production cuts, despite renewed pressure from U.S. President Donald Trump. Continue Reading Below Prices slid on Monday, when many traders were out of the office attending IP Week, […]
FAN Editor
$8 billion money manager sees 2019 as year of record upside despite sell-off warning
Avalon Advisors’ Bill Stone sees stocks hitting record highs this year, but getting won’t come without trouble. “This is as good as it gets, at least in the short run,” the firm’s chief investment officer said Monday on CNBC’s “Trading Nation.” Stone, whose firm has $8 billion in assets under […]
Bill Gates says wealth has made him happier—but ‘you don’t need a billion’ to get the same result
Money may be able to buy happiness after all, Bill Gates suggested during his seventh “Ask Me Anything” session on Reddit on Monday. A user asked, “Do you think being a billionaire has made you a happier person than if you were just a middle class person?” The Microsoft co-founder […]
Housing starts tumble to lowest level in more than 2 years
The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year. The Commerce Department said Tuesday that housing starts fell 11.2 percent in December from the previous month […]
Amtrak with 183 aboard stranded since Sunday
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WATCH: Tesla CEO in hot seat with SEC
Now Playing: Amazon reconsiders building new headquarters in New York City: WaPo Now Playing: Billionaire fortunes up, poorest now poorer: Oxfam Now Playing: Parent company of Sears, Kmart prepares for possible liquidation Now Playing: Jeff Bezos and his wife splitting after 25 years Now Playing: Wells Fargo computer glitch led […]
Bank of England likely to help economy after no-deal Brexit: Carney
Bank of England Governor Mark Carney speaks at a press conference at the Bank of England in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS February 26, 2019 By William Schomberg and David Milliken LONDON (Reuters) – Bank of England Governor Mark Carney said on Tuesday the BoE would […]
Goldman expects legal losses to be up to $1.9 billion more than reserve
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo February 26, 2019 (Reuters) – Goldman Sachs Group Inc said it expects losses related to […]
Manager at Brazil’s Vale told executives of risks at dam: report
FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam owned by the company, in Brumadinho, Brazil February 13, 2019. REUTERS/Washington Alves/File photo February 26, 2019 RIO DE JANEIRO (Reuters) – A manager at Brazilian iron ore miner Vale SA told authorities the […]
Journalist says he was detained in Venezuela
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