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Monthly Archives: November 2017

OPEC, Russia deal should continue, but so will challenge from US shale: CNBC survey

Leonhard Foeger | Reuters Russia’s Energy Minister Alexander Novak, Saudi Arabia’s Energy Minister and OPEC conference president Khalid al-Falih, and OPEC Secretary General Mohammad Barkindo attend a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producing countries in Vienna, Austria, May 25, 2017. OPEC is expected …

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Senate Republicans shove tax bill ahead as Democrats fume

Getty Images House Ways and Means Committee Chairman Rep. Kevin Brady (R-TX) is greeted by applause from (L-R) Rep. Kristi Noem (R-SD), House Majority Leader Rep. Kevin McCarthy (R-CA), and Speaker of the House Rep. Paul Ryan (R-WI) during an event at the Capitol to celebrate the passing of the …

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Apple rushes to resolve ‘huge’ password glitch on MacOS High Sierra

JOSH EDELSON | AFP | Getty Images Apple’s Senior Vice President of Software Engineering Craig Federighi introduces macOS High Sierra during Apple’s World Wide Developers Conference in San Jose, California on June 05, 2017. Apple is scrambling to fix a serious glitch within its latest Mac operating system. A major …

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Saudi Prince Miteb bin Abdullah freed after $1 billion settlement deal

HASSAN AMMAR | AFP | Getty Images Saudi Prince Miteb bin Abdullah was released on Tuesday 29th November, 2017 after reportedly reaching a settlement deal with authorities of over $1 billion. Saudi Prince Miteb bin Abdullah, detained earlier this month in a corruption crackdown, has been released after paying authorities …

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Bitcoin passes $10,000, cryptocurrency crash considered by experts

Christophe Morin | Bloomberg | Getty Images A cyclist passes the entrance to the La Maison du Bitcoin bank in Paris, France, on Thursday, Nov. 23, 2017. Bubble, Ponzi, tulip and trouble have been among the words used by crypto-critics over the past year as bitcoin powered from under $1,000 …

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China has ‘grave concerns’ about North Korea’s latest missile test

Greg Baker | AFP | Getty Images Two Chinese men stand near a Chinese flag as they look out towards North Korea while visiting the Broken Bridge, in the Chinese border city of Dandong, in China’s northeast Liaoning province on September 5, 2017. China’s Foreign Ministry has expressed what it …

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Uber’s third-quarter loss widens to $743 million

David Paul Morris | Bloomberg | Getty Images An Uber signage is displayed outside the company’s headquarters building in San Francisco, California, on June 21, 2017. Uber’s quarterly adjusted losses widened to $743 million, up 14 percent from the previous quarter, the Financial Times reported on Tuesday. The ride-hailing company’s …

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North Korea says new ICBM was success, can reach all of US mainland

KAZUHIRO NOGI/AFP/Getty Images A pedestrian walks in front of a television screen displaying file news footage of a North Korean missile launch, in Tokyo on November 29, 2017 Kim’s administration also said that it had “realized great historic cause of completing state nuclear force,” South Korean news outlet Yonhap News …

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Cramer’s charts show that struggling stock Square is not yet a bargain

With discounts and deals top-of-mind for consumers this holiday shopping season, CNBC’s Jim Cramer zeroed in on another type of discount happening in the stock market. “Let’s talk about Square, SQ, the payment technology company with a very popular mobile credit card reader and a stock that got put on …

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Mnuchin tells bond traders release of trade data ‘under review’

Adam Jeffery | CNBC Steve Mnuchin, U.S. Treasury Secretary, speaking at the New York Economic Club on Nov. 9th, 2017. Regulators are considering opening the books on the $14 trillion Treasury bond market, allowing investors to take a look at previously unavailable data about Wall Street’s trading habits. Treasury Secretary …

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