Economy

US oil production seen thwarting OPEC effort to boost prices

Still, with USA exports continuing to rise and Canadian imports flat, we should see prices rebound as soon as summer returns. The IEA said it expected growth in non-OPEC supply to be higher next year than growth in overall global demand. [Full Article...]

Trump friend: Mueller 'illegitimate as special counsel'

Rosenstein testified that he is the only one who has the authority to fire Mueller, who was appointed following the May 9 ousting of James Comey as Federal Bureau of Investigation director, and that he had seen no good cause to do so. Christopher Ruddy, CEO of the conservative online media outlet Newsmax and a frequent, if unofficial, Trump spokesperson visited the White House on Monday after... [Full Article...]

Solar power forecast to shut down coal plants increasingly fast

Solar power forecast to shut down coal plants increasingly fast The EIA also predicts that electricity generation from wind and solar will exceed 10% of total U.S. electricity generation in April as well, given the time of year . Despite promises by the Trump Administration to revitalize the coal industry, Bloomberg predicts the "economic realities over the next two decades will not favor U.S. [Full Article...]

Sanders: Sickened at shooting attack by possible supporter

Sanders: Sickened at shooting attack by possible supporter The baseball field at Eugene Simpson Stadium Park, is lighted as Federal Bureau of Investigation agents process the scene in Alexandria , Va., Wednesday, June 14, 2017 , after a rifle-wielding attacker opened fire on Republican lawmakers at a congressional ba. [Full Article...]

Trump under investigation for obstruction of justice

Trump under investigation for obstruction of justice Second, it suggests that not only is the special counsel's investigation reaching upward in the White House but that is also broadening out from simply an attempt to answer the question of the breadth of Russia's hacking and whether it caught up any Trump officials in it. [Full Article...]

Are interest rates about to rise?

Are interest rates about to rise? The Bank of England famously raised interest rates to 12 percent on 16 September, 1992 - "Black Wednesday" - and spent billions of dollars of its foreign exchange reserves in a doomed attempt to defend the pound from attack. Inflation could rise above 3% by the autumn, and is likely to remain above the target for an extended period as sterling's depreciation continues to feed through into the ... [Full Article...]

Lynch action on Clinton inquiry 'totally illegal'

Either you believe that President Trump was in cahoots with Vladimir Putin to steal the election out from under Hillary Clinton , that he obstructed justice and, who knows, may even be a traitor, or you believe that liberal Democrats both in and out of the media are out to get him and won't rest until they do. [Full Article...]

How Analysts Rated Auto Trader Group PLC (LON:AUTO) Last Week?

Nanoco Group PLC is engaged in research, development and manufacturing of heavy-metal free quantum dots and semiconductor nanoparticles for use in display, lighting, solar energy and bio-imaging. Nippon Life Insurance Communications, a Japan-based fund reported 69,999 shares. Morgan Stanley maintained the stock with "Overweight" rating in Wednesday, August 26 report. [Full Article...]

Huge fire engulfs 27-floor London tower block

Huge fire engulfs 27-floor London tower block Nobody has any information at this point". "I could not find the stairs". Joe Walsh, 58, said he saw someone throw two children out of a window from the fifth or sixth floor. "Can anyone with any information contact me please", he said. People at the scene spoke of being unable to reach friends and family inside. "Things falling out, people screaming, people jumping out on fire, chucking rop... [Full Article...]

European Central Bank won't call time on stimulus just yet

Meanwhile, the by-products of this ultra-loose monetary policy have become clear. The bank has revised up its growth forecast for this year, predicting that European GDP will increase by 1.9% in 2017, and then by 1.8% the following year and 1.7% in 2019. [Full Article...]

JP Morgan Chase & Co (JPM) Position Raised by Rosenbaum Jay D

Kinross Gold Corp now has $5.39 billion valuation. The stock declined 1.45% or $0.68 reaching $46.13 on the news. About shares traded. Advanced Emissions Solutions, Inc. Vetr downgraded JPMorgan Chase & Co. (NYSE: JPM ) has "Buy" rating given on Monday, January 18 by Argus Research. They now have a Dollars 96 price target on the stock . [Full Article...]

Senators Accuse Sessions Of 'Stonewalling' On Russia Inquiry

Senators Accuse Sessions Of 'Stonewalling' On Russia Inquiry The attorney general did, however, acknowledge that he did meet twice with Russian Ambassador Sergey Kislyak, once during the Republican National Convention and once in his Senate office, two meetings he failed to disclose during his confirmation hearings earlier this year. [Full Article...]

Rep. DeSantis: Shooting Suspect Asked if 'Republicans or Democrats' on Field

DeSantis later told CNN that Duncan responded to the man that those practicing were Republicans . Federal law enforcement officials identified the suspected shooter to NBC News as James T. "I think some personal reflection on everybody's part on what they say and how they say it is warranted, and I speak for myself on that as well", Duncan said. [Full Article...]

Saudi Arabia says Qatar airspace closure to protect citizens from threats

It is the worst crisis for the GCC since its creation in 1981. Turkey's president has criticized the effort by several Arab countries to isolate Qatar over allegations of sponsoring militant groups, comparing the move to a "death penalty" for the small Gulf country. [Full Article...]

Trump Weighs Firing Mueller, According To Confidante

Mr Mueller, who was tasked by Deputy Attorney General Rod Rosenstein with overseeing the justice department's investigation, has started selecting members of his team, many of them criminal law experts. People close to Mr. Trump say he is so volatile they can not be sure that he will not change his mind about Mr. Mueller if he finds out anything to lead him to believe the investigation has been co... [Full Article...]

The Enable Midstream Partners (ENBL) Earning Very Favorable Press Coverage, Report Shows

The institutional investor held 47,971 shares of the public utilities company at the end of 2016Q4, valued at $3.68 million, up from 38,658 at the end of the previous reported quarter. Therefore 53% are positive. Antero Midstream Partners LP had 33 analyst reports since July 23, 2015 according to SRatingsIntel. The stock's price is moved forward to its percent change from 52-week low of +2.80% and... [Full Article...]

Shocking Video Shows United Employee Abusing Elderly Passenger

Shocking Video Shows United Employee Abusing Elderly Passenger This after newly released video shows an employee pushing a 71-year-old passenger to the floor. Hoke claims this all began with Tigner simply asking Anastasia for a new boarding pass because the one he had was garbled. According to audio obtained from the 911 call, when the operator asked what the emergency was, the employee said that "a 70-year-old male" had "fallen down". [Full Article...]

Asian shares fall after Fed rate hike, tracking Wall St lead

Asian shares fall after Fed rate hike, tracking Wall St lead Despite the US's sluggish economic growth in the first quarter, the Federal Reserve Board, led by chairperson Janet Yellen , decided the fundamentals of the U.S. This is despite the probability of another rate hike this year dropping to around 28% from 48%, according to Bloomberg, after a weak economic data report earlier in the day. [Full Article...]

Stocks edge modestly higher after Fed raises interest rates

Traders have placed a 91 percent chance of the central bank pulling the trigger on a second rate increase this year. US retail sales recorded their biggest drop in 16 months, while consumer prices fell unexpectedly in May, raising questions about the Fed's ability to further tighten monetary policy. [Full Article...]

House Majority Whip Steve Scalise in critical condition, hospital says

House Majority Whip Steve Scalise in critical condition, hospital says Wednesday's attack was the first shooting of a member of Congress since January 2011, when Democratic Representative Gabby Giffords was seriously wounded in an assassination attempt at a gathering of constituents in Tucson, Arizona. "He is grateful for the courageous actions of U.S. Capitol Police, first responders, and colleagues", the statement said. The FBI said Hodgkinson had been livi... [Full Article...]


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