Banks, oil stocks weigh on Wall St., keep Dow from 20,000

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain in technology stocks kept the Nasdaq afloat. Of its 30 components, 20 of the Dow’s stocks were trading lower, led by Goldman Sachs’s (GS.N) 1.4 percent decline. P&G (PG.N) fell 0.9 percent More...

by subhadip | Published 5 months ago
By subhadip On Saturday, December 3rd, 2016
0 Comments

Duterte says Trump wished his drug crackdown ‘success’

President Rodrigo Duterte said Saturday Donald Trump wished his deadly crackdown on illegal drugs would succeed during a telephone call, and he assured the U.S. president-elect the Philippines would maintain More...

By subhadip On Saturday, December 3rd, 2016
0 Comments

Russia’s Lavrov says difficult to solve peace treaty issue with Japan

Russian Foreign Minister Sergei Lavrov said on Saturday it would be difficult to close the gap in positions over a peace treaty and territorial dispute with Japan, two weeks before President Vladimir Putin visits. A More...

By subhadip On Saturday, December 3rd, 2016
0 Comments

Italy’s referendum explained: What you need to know

Italian citizens will vote on constitutional reform on Sunday in what is seen by many analysts as the most significant European political event of 2016. Yes, even bigger than Brexit. What are Italian citizens More...

By subhadip On Saturday, December 3rd, 2016
0 Comments

Natural gas becomes something Mexico, US can agree on as capacity soars

    A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. Persistent low oil prices have lead to slower business in much of North Dakota’s More...

By subhadip On Friday, October 28th, 2016
0 Comments

Global Economy Weekahead – Warmup begins for the Great U.S. Rate Hike of 2016

Several of the world’s top central banks will meet in the coming week, but only one, the U.S. Federal Reserve, is set to start a final countdown on the second most anticipated event of the year after the More...

By subhadip On Friday, October 28th, 2016
0 Comments

OPEC officials debate thorny issue of how to implement supply cut

OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is looking more complicated by the day. The meeting of the High Level Committee More...

By subhadip On Friday, October 28th, 2016
0 Comments

Wall St. rises amid robust earnings, GDP data

Wall Street rose on Friday as robust economic data shone light on the strength of the U.S. economy, while upbeat results from Alphabet and Chevron offset the decline in health stocks and Amazon. The U.S. Commerce More...

By subhadip On Sunday, October 2nd, 2016
0 Comments

49 U.S. stocks that surged at least 20% in the third quarter

This article was originally published on Sept. 30. It has been updated to reflect closing information for the last day of the third quarter. Despite a lengthy list of challenges — a drop in earnings at U.S. companies, More...

By subhadip On Sunday, October 2nd, 2016
0 Comments

Commodities stumble, but still on track for first yearly gain since 2010

Lean hogs, soybeans and crude oil all lost ground in the third quarter, but the commodities market held its grip on the first yearly gain since 2010. Commodities typically underperform in the third quarter, but More...