Wall Street mixed as investors await interest rate cut
Wall Street was mixed on Tuesday as investors awaited a widely expected Fed interest rate cut on Wednesday, while the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded.
Wall Street was mixed on Tuesday as investors awaited a widely expected Fed interest rate cut on Wednesday, while the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded.
U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.
Saudi Arabia’s oil supply is fully back online after weekend attacks halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September and 12 million bpd by the end of November, the energy minister said on Tuesday.
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday.
U.S. President Donald Trump said on Tuesday he did not think it would be necessary to release oil from the Strategic Petroleum Reserve after attacks on Saudi oil facilities, saying oil prices have not spiked very much.
The Great American Wealth Project features famous news host Bill O’Reilly and Chief Investment Strategist Alex Green. They come together to discuss the power of the stock market and how anyone can amass a fortune and become financially independent with the right stock picks.
Wealth is the great equalizer. It gives you freedom, security, and peace of mind. It allows you to do and be what you want, to support worthy causes and help those closest to you. It enables you to follow your dreams, to spend your life the way you choose. The Great American Wealth Project can help you …read more […]
The United States believes Saturday’s attack on Saudi Arabia’s oil facilities originated in southwestern Iran, a U.S. official told Reuters on Tuesday.
The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday.
A U.S. banking regulator Tuesday proposed easing a post-credit crisis rule on how much cash big banks should set aside to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the Trump administration.
The White House is not involved in contract talks with General Motors Co and the United Auto Workers union, aimed at ending a nationwide strike that began late on Sunday, a White House spokesman and GM said.
Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, people familiar with the matter said on Monday.
Walmart Inc likely discriminated against 178 female workers by paying them less, denying them promotions or both, because of their gender, the U.S. Equal Employment Opportunity Commission said in memos seen by Reuters.
Saudi Arabia sought to calm markets on Tuesday after an unprecedented attack on its oil facilities, with sources saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.
Besides cannabis, the sector I’m most asked about is 5G.
So for this week’s Making the Grade, I decided to look at the top 10 companies at the leading edge of 5G development.
But first, to know where you’re going you have to know where you’ve been…
So let’s take a short look at the history of mobile phones to get a glimpse of why the next mobile generation is such a big deal.
From “The Brick” to Bluetooth
In the late 1960s and early 1970s, no one had a cellphone.
In the 1980s, they were the toys of the affluent – status symbols that retailed …read more […]
General Motors Co said Tuesday the White House has no involvement in contract talks with the United Auto Workers aimed at ending a nationwide strike that began late Sunday.
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