Barring the unforeseen, 2014 promises to be a reasonably good year for the economy, with the current quarter’s accelerating growth likely to continue.» Read More
Nov 20- Devon Energy Corp struck a deal to buy privately held GeoSouthern Energy's assets in the Eagle Ford shale region of south Texas for $6 billion in cash. Private equity firm The Blackstone Group was an investor in GeoSouthern.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
*World powers and Iran resume talks on nuclear deal on Wednesday. NEW YORK, Nov 19- Brent futures tumbled by more than $1 a barrel on Tuesday as talks this week between world powers and Iran could lead to an easing of sanctions against the oil-rich country.
CALGARY, Alberta, Nov 19- TransCanada Corp raised its preliminary cost estimate for the controversial Keystone XL oil pipeline on Tuesday, saying it now expects the project to cost at least $5.4 billion, $100 million more than its prior forecast.
CALGARY, Alberta, Nov 19- TransCanada Corp raised its preliminary cost estimate for the controversial Keystone XL oil pipeline on Thursday, saying it now expects the project to cost at least $5.4 billion, $100 million more than its prior forecast.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
NEW YORK, Nov 18- U.S. oil futures fell on Monday, weighed down by expectations the Federal Reserve could taper its bond buying program. Crude prices fell quickly in early afternoon activity after William Dudley, the president of the Federal Reserve Bank of New York, said he was "getting more hopeful" on prospects for U.S. economic recovery.
NEW YORK, Nov 18- U.S. oil futures fell more than $1 per barrel on Monday on the view that supplies were ample, along with worries that demand could weaken after a U.S.
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
Federal and state funding cutbacks are challenging Main Street. The future of America is at stake since cities contribute more than 90 percent to GDP.
The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.
NEW YORK, Nov 14- Brent oil prices rose on Thursday supported by disruptions to Libyan output, while U.S. crude dipped as traders weighed bulging U.S. inventories, but both markets drew support from expectations the Federal Reserve would keep stimulus measures in place.
NEW YORK, Nov 14- Brent crude oil rose more than $1 per barrel on Thursday, and U.S. crude pared sharp losses on signs the U.S. International benchmark Brent crude found additional support amid concerns disruptions from Libya could tighten global oil markets.
LONDON, Nov 14- Brent crude oil rose more than 1 percent to above $108 a barrel on Thursday on signs the U.S. The U.S. Energy Information Administration reported crude oil inventories in the world's largest oil consumer rose by 2.6 million barrels, far more than the 1 million barrels predicted by analysts.
NEW YORK, Nov 14- U.S. crude oil futures extended losses by more than $1.00 to a five-month low after government data showed a much-larger-than-expected rise in U.S. oil stocks. Oil supplies grew by 2.6 million barrels, the eighth straight weekly rise, the U.S. Energy Information Administration said on Thursday.
*Coming up: Yellen speech to Senate at 1500 GMT; EIA stockpile data at 1600 GMT. LONDON, Nov 14- Brent oil rose towards $108 per barrel on Thursday on reassurance that the U.S. Brent for December delivery was up 78 cents at $107.90 per barrel at 1348 GMT.
NEW YORK, Nov 14- BlackRock Inc, a money manager that has long worked with the largest U.S. financial institutions, is now turning to the country's smaller banks, where it sees a promising market for exchange-traded corporate bond funds.