Crude oil futures settled notably higher on Friday, with the International Energy Agency’s report saying oil demand is likely to increase significantly due to the energy crunch continuing to support prices. The IEA said on Thursday that the energy crunch will likely boost oil demand by 500,000 barrels per day. West Texas Intermediate Crude oil futures for November ended higher […]
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Biden’s team of incompetents Biden’s team is incompetent on many fronts, but they will eclipse it all with their pathetic handling of the economy This is a rush transcript of “Ingraham Angle” on October 11, 2021. This copy may not be in its final form and may be updated. LAURA INGRAHAM, FOX NEWS HOST: All right, Tammy. Great job. Great […]
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Earnings proved to be a driving force on Thursday kicking markets into gear with each of the major averages posting a gain of at least 1% on the day. ARK Funds saw a fairly strong performance as well. ARKG performed the best out of the group, up 2.4%, while ARKX did the worst, up 1.2% on the day. The gains […]
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A banner that reads: “We accept Chivo and Bitcoin” is seen outside a bussines in Antiguo Cuscatlan, El Salvador, September 17, 2021. REUTERS/Jose Cabezas/FilesSAN SALVADOR (Reuters) – El Salvador’s unfolding experiment as a first-adopter of the crytocurrency bitcoin could be increasingly powered by new streams of renewable energy, the chief of the country’s hydroelectric commission told reporters on Friday. Energy-intensive […]
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LONDON (Reuters) – A COVID-19 testing laboratory in central England has been suspended over concern that it has been incorrectly giving negative PCR test results to people who are infected, the UK Health Security Agency (UKHSA) said on Friday.FILE PHOTO: Health workers and volunteers handle lateral flow test samples and record results as students take coronavirus disease (COVID-19) tests in […]
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Dow futures gained nearly 300 points Thursday as investors consider a flood of strong bank and health-care-related earnings as well as upcoming data on wholesale inflation and jobless claims. The S&P 500 and Nasdaq on Wednesday broke three-session losing streaks. However, the Dow fell for a fourth straight session.(CNBC) The 10-year Treasury yield dipped to around 1.53%, one day after […]
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FILE PHOTO: A vaccination centre sign directs the public during a lockdown to curb the spread of a coronavirus disease (COVID-19) outbreak in Auckland, New Zealand, August 26, 2021. REUTERS/Fiona Goodall/File Photo(Reuters) – New Zealand reported 65 new locally acquired cases of COVID-19, with all in locked-down Auckland, as the country readies for a mass immunisation drive on Saturday when […]
Read moreFox Business Flash top headlines for October 14 Check out what’s clicking on FoxBusiness.com. Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has allowed banks to have fewer bad loans and charge-offs. But the results for Citigroup, Bank of America, Wells Fargo and Morgan Stanley benefitted from one-time boosts […]
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)Inflation is high. It could stay that way. The US consumer price index rose 5.4% over the previous year in […]
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