*Stocks at Cushing see biggest draw since Feb 2018- EIA. *OPEC expects small supply deficit in 2020. HOUSTON, Dec 11- Oil prices dropped almost 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday.
WASHINGTON, Dec 9- Senior U.S. and Canadian officials were set to fly to Mexico City on Tuesday to work on the final changes to a languishing North American trade pact that could clear the way for a vote in the U.S. Congress before the end of the year. The Trump administration and Democrats in the U.S. House of Representatives are closing in on a deal following several...
New York, Connecticut, Maryland and New Jersey continue to fight to have the president's SALT deduction cap reversed. Rep. Josh Gottheimer (D—N.J.) and Rep. Tom Reed (R—N.Y.) join "Squawk Box" to discuss.
EAST HARTFORD, Conn. Dec 6- For the first time in a while, Diomedes Dilone is earning enough money that he can afford to take the weekends off. The Navy veteran and married father of two would split his shift between the morning and afternoon so that he could shuttle other workers to and from their office jobs. He supplemented his earnings with savings, food stamps and...
*Trade talks continuing, China says. *OPEC should make right call for fragile world economy- Birol. The United States and China are close to agreement on the first phase of a trade deal, U.S.
*Trade talks continuing, China says. *OPEC should make right call for fragile world economy- Birol. The United States and China are close to agreement on the first phase of a trade deal, U.S.
*Coty gains on stake in Kylie Jenner's businesses. NEW YORK, Nov 18- Wall Street's main indexes were very slightly higher on Monday after closing at records on Friday and investors digested mixed headlines on U.S.- China trade relations. This was after Chinese state media said on Saturday that the two sides had held "constructive" trade talks, days after White...
The newest Chopt Creative Salad Co location, which opened Tuesday in New York, is unlike any of the chain's other 61 sites. Atlanta- based Chick-fil-A Inc has similar sites in Nashville and Louisville, where customers order and prepay online with the option for delivery or pickup. Chick-fil-A is also trying something different, opening three pilot "delivery...
President Trump has said "something looks and sounds very wrong" about the manslaughter case in Anguilla against UBS trader Scott Hapgood of Connecticut.
*Conflicting U.S.- China trade headlines roil FX market. NEW YORK, Nov 8- The dollar rallied to a three-week high on Friday, getting some safe-haven bids, as risk appetite for higher-yielding currencies waned with renewed uncertainty about the rollback of existing tariffs, a major component of a preliminary U.S.- China trade deal. But a report also on Thursday...
*U.S.- China trade meeting may be delayed until December. NEW YORK, Nov 6- U.S. stocks ended little changed on Wednesday as a report the U.S.- China trade deal could be delayed until December was offset by gains in healthcare shares. The market sold off on that but nothing major, and right now investors are in a holding pattern, waiting to see if we set new highs and can...
If you live in the Northeast U.S., chances are you're facing some steep taxes on income. Here are three states with the heftiest levies on your wages — and seven states that don't tax income at all.
Nov 6- Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of about $27 billion, the Wall Street Journal reported on Tuesday. Norwalk, Connecticut- based Xerox has also received an informal funding commitment from a major bank, the Journal said. Xerox had scrapped its $6.1 billion...
WASHINGTON, Nov 1- U.S. job growth likely slowed sharply in October, weighed down by a strike at General Motors, while the unemployment rate is expected to tick up from near a 50- year low of 3.5%. The 40- day strike by members of the United Auto Workers union, which came as hiring was already slowing, could make it difficult to get a clear pulse on the labor market and...
WASHINGTON, Oct 29- Boeing Co Chief Executive Dennis Muilenburg faced intense grilling by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016 messages that described erratic behavior of the software in a simulator.
WASHINGTON, Oct 29- Boeing Co Chief Executive Dennis Muilenburg was pressed by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016 messages that described erratic behavior of the software in a simulator. Taking turns to grill...
*U.S. close to finalizing parts of trade pact with China. NEW YORK, Oct 25- U.S. stocks rose on Friday after Washington said it was close to finalizing parts of a trade pact with Beijing and strong quarterly results from Intel Corp boosted investor sentiment, sending the S&P 500 briefly over the record high close it set three months ago. President Donald Trump said...
*U.S close to finalizing parts of trade pact with China. NEW YORK, Oct 25- The S&P 500 rose on Friday, briefly surpassing its record closing high, after Washington said it was close to finalizing parts of a trade pact with Beijing. President Donald Trump also struck a hopeful tone, saying that China wanted "to make a deal very badly."
*OPEC, allies to mull deeper production cuts. *Goldman Sachs sees Brent prices around $60/ bbl in 2020. HOUSTON, Oct 23- Oil rose about 2.5% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support.
*OPEC, allies to mull deeper production cuts. HOUSTON, Oct 23- Oil rose nearly 2% on Wednesday after government data showed a surprise draw in U.S. crude stocks and as the prospect of deeper output cuts by OPEC and its allies offered support. Brent crude futures were up 94 cents, or 1.6%, at $60.64 a barrel at 12:27 p.m. CDT.
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