Oil price drops on talk of increased global supply, slowdown in economic growth

Oil prices dropped Monday, with talk of a possible release from global crude reserves, data from the International Monetary Fund showing a slowdown in global economic growth, and the potential for U.S. waivers on Iran oil sanctions, pushing prices for global benchmark Brent crude to their lowest finish in three months. September Brent crude  More...

by Heather Bender | Published 33 mins ago
By Heather Bender On Monday, July 16th, 2018
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Some of the key earnings that will be released this week

Netflix after the close July 16  Bank of America (already reported) Netflix (after the close today) July 17 Goldman Sachs Johnson and Johnson United Health July 18 Morgan Stanley American Express IBM Alcoa July More...

By Heather Bender On Monday, July 16th, 2018
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Oil tumbles, weighs on energy shares; bank stocks rise

NEW YORK (Reuters) – Oil prices dropped about 5 percent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares rallied after upbeat news from Bank More...

By Heather Bender On Monday, July 16th, 2018
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Washing machines show how tariffs can ricochet

Great story in the WSJ The WSJ is out with the story of Whirlpool and the CEO was thrilled when the White House put tariffs on imported washing machines only to watch the company share fall 15% over the next More...

By Heather Bender On Monday, July 16th, 2018
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Fed’s Kashkari releases essay on flattening of the yield curve

Kashkari weighs in on the hot topic The US 2-10 yield spread is just 25 basis points today and an inversion is almost inevitable given the projected path of Fed rates. Minneapolis Fed President Kashkari just More...

By Heather Bender On Monday, July 16th, 2018
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Are You Ready to Fly Without a Human Pilot?

On a recent visit to the Southwest Airlines headquarters in Dallas, I got to fly a Boeing 737. Or, at least, I got as close as someone who is not a licensed commercial pilot can: I sat at the controls of a multimillion-dollar More...

By Heather Bender On Monday, July 16th, 2018
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Oil falls four percent to three-month low as supply outage concerns ease

NEW YORK (Reuters) – Oil prices slumped 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers. FILE More...

By Heather Bender On Monday, July 16th, 2018
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Allegations of meddling are complete nonsense

Putin: Allegations of meddling are complete nonsense Coming More...

By Forex Live On Monday, July 16th, 2018
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talks with Trump were open, productive and business-like

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before More...

By Heather Bender On Monday, July 16th, 2018
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Weak Oil Prices Offset Bank of America-Led Earnings Optimism

(Reuters) – U.S. stocks were trading flat on Monday as a sharp drop in crude oil prices weighed on energy companies, offsetting a rebound in financials stocks after Bank of America’s strong results More...

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