Qatar Petroleum on Wednesday announced plans to significantly raise natural gas production in the coming years, creating an obstacle to President Donald Trump’s goal of “energy dominance.” The move threatens to add to a projected glut of liquefied natural gas, or LNG, as a wave of new projects come online …
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Brendan Smialowski | AFP | Getty Images Federal Reserve Board Chairman Janet Yellen speaks on March 15, 2017 in Washington, DC. Federal Reserve Chair Janet Yellen was hospitalized over the weekend to treat a urinary tract infection while she was vacationing with her family in London, the Fed said in …
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Joe Raedle | Getty Images News | Getty Images A Subway restaurant is seen as the company announced a settlement over a class-action lawsuit that alleged that Subway engaged in deceptive marketing for its 6-inch and 12-inch sandwiches and served customers less food than they were paying for on October …
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CNBC Data glitch: Nasdaq-listed stocks Apple, Google, Amazon and Microsoft were showing prices of $123.47 per piece “As part of its normal process, the UTP distributed test data and certain third parties improperly propagated the data. Nasdaq is working with third party vendors to resolve the matter,” the spokesman said. …
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Getty Images Founder and Partner at 500 Startups, Dave McClure speaks onstage during TechCrunch Disrupt NY 2015. McClure resigned from 500 Startups after a New York Times report said he sent inappropriate messages to a female entrepreneur. Dave McClure, the founding partner of tech incubator 500 Startups, has resigned just …
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The Dow Jones industrial average hit another intra-day all-time high on Monday, and one trader is betting on more gains ahead for the index. According to Todd Gordon of TradingAnalysis.com, the chart of the Dow-tracking ETF, the DIA, is showing signs of another breakout on the way, though the exact …
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The stock market has been on a tear this year and more gains may be ahead, according to what some say is the oldest market indicator on Wall Street. The Dow Jones industrial and transportation averages hit all-time highs on Monday, confirming each other’s upside trends and triggering a “buy” …
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Central bank easing may no longer be politically correct. That’s what Bank of America Merrill Lynch’s widely-followed chief investment strategist, Michael Hartnett, says in a note. “Central banks have exacerbated inequality via Wall St. inflation & Main St. deflation; [it’s] no longer politically acceptable to stoke [the] Wall St. bubble,” …
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Andrew Harrer | Bloomberg | Getty Images Steve Bannon, chief strategist for U.S. President Donald Trump. Steve Bannon, a key player in President Donald Trump’s White House, has reportedly been advocating for a policy change that would disturb many Republicans — upping taxes on the rich — according to unnamed …
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Peti Kollanyi | Bloomberg | Getty Images Mario Draghi, President of the European Central Bank (ECB), speaks during a news conference to discuss monetary policy in Tallinn, Estonia, on Thursday, June 8, 2017. Central banks have been in the spotlight the past week, with comments from European Central Bank President …
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