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Oil hasn't started a year this hot since the turn of the century

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By Alex Nussbaum on 1/18/2019 Photo: Prudhoe Bay. NEW YORK (Bloomberg) — Oil hasn’t started off this strong in 18 years. After closing out 2018 in free-fall amid fears of a global supply glut and economic slowdown, U.S. crude prices have rebounded more than 18% to start this year. That’s the biggest climb over the Read More

U.S. consumer sentiment at two-year low, manufacturing rebounds

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WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. FILE PHOTO: Shoppers carry bags of purchased merchandise Read More

Wall Street rally builds on trade optimism

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(Reuters) – Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

Industrials power Wall Street higher on trade optimism

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(Reuters) – Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January Read More

#ICYMI: Huawei to go: West worries that China’s taking market share in phones and spies

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Chinese tech giant Huawei is facing the consequences of challenging Western dominance in the technology markets and, allegedly, the mass espionage markets. The company’s chief financial officer has been arrested in Canada, another employee was arrested in Poland, and its technology is being banned over fears that anyone using a Huawei phone or network could Read More

‘Someone will make money by stoking fears’ – Ron Paul on new US missile doctrine

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The new US missile defense strategy is a boondoggle for the military-industrial complex, which will drive the US into more debt and can bring misery upon multiple nations by fueling an arms race, ex-US Congressman Ron Paul said. Plans to weaponize space with a new layer of sensors unveiled by Trump as part of his Read More

El Chapo 'escaped naked through tunnel under bath'

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El Chapo’s former mistress fled with the notorious Mexican drug lord – who was naked – through a tunnel under a bathtub, a court heard. Lucero Guadalupe Sanchez Lopez was testifying against Joaquin Guzman – known as El Chapo (shorty) – at a drug trafficking trial in New York. Sanchez, 29, a former local politician Read More

'Someone got to make money by stoking fears' – Ron Paul on new US missile doctrine

2 days ago DieselGasoil Comments Off on 'Someone got to make money by stoking fears' – Ron Paul on new US missile doctrine
The new US missile defense strategy is a boondoggle for the military industrial complex, which will drive the US into more debt and can bring misery on multiple nations by fueling an arms race, former US congressman Ron Paul said. Plans to weaponize space with a new layer of sensors unveiled by Trump as part Read More