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Brent prices traded steadily above $109 on Tuesday morning after US prices slipped below $100 per barrel for the first time in nearly three months.News that Midwestern inventories were on the rise...
Markets continued to leap higher on a weak dollar as the Federal Reserve is expected to continue its 85 billion dollar quantitative easing. After announcing a small earnings beat last night, shares of...
The US government’s 11th hour deal on Thursday helped more than 80 percent of S&P 500 stocks rise in value on Thursday. The index broke its intraday trading record and closed at an all time...
Congress made a last minute deal with just hours to go before the budget deadline and avoided a sovereign default. The US government agreed to a bill which will reopen the Federal government until...
Earnings took full swing today with Citigroup (C), Johnson and Johnson (JNJ), and Coca Cola (KO) reporting earnings this morning. Johnson & Johnson was the only of this group to beat analyst...
The dollar continued to struggle on Tuesday as the US government remained deadlocked over the nation's budget. Although most are expecting the Republican-led house and the Democratic Senate to come...
Hopes that the US government's budget impasse was nearing an end helped boost oil prices in the early hours of Tuesday. Investors were buying contracts and covering short positions in the hopes that...
US Senators struck an optimistic tone following talks on Monday, leading many to believe that a deal to reopen the government and avoid default was right around the corner. Senate Majority Leader...
Government default and earnings will be the talk of the week as the government default date nears and almost 100 companies are expected to report earnings this week. Keep in mind that little economic...
Brent crude oil traded steadily on Monday, holding on to Friday's gains as a US government deal that would temporarily raise the country's borrowing authority and avoid default on October 17 was...
Eurozone policymakers are set to meet in Luxembourg on Monday to discuss the ramifications of next year's banking health checks.The European Central Bank will conduct a series of tests on the region's...
With the October 17 deadline only days away, investors looked to the yen for a safety net. Asian stocks fell and US share index futures dropped on Monday morning following failed budget negotiations...
The market continued upward to end the week on increased likelihood for a debt deal. Major indexes (except the Dow) are approaching pre-debt ceiling sell off levels. The other big news of the day is...
Brent crude oil came down from a four week high on Friday morning after spiking on news that Republicans had offered a deal that could end the budget battle. The commodity traded at $111.54 at 5:24...
The euro traded steadily above $1.35 on Friday morning as investors kept a close eye on Washington for any movement on a debt deal. On Thursday, President Barack Obama and Republican lawmakers met at...
Markets rallied after news that productive talks between Republican leaders and President Obama on Thursday may have resulted in a proposal which will put an end to the debt standoff; at least...
Markets leapt higher as investors anticipate an increase in the debt ceiling. President Obama is set to meet with Republicans this afternoon and Treasury Secretary Jack Lew recommended the increase. ...