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U.S. Midwest's catastrophic floods cause widespread damage

2 hours ago DieselGasoil Comments Off on U.S. Midwest's catastrophic floods cause widespread damage
BROWNVILLE, Neb. (Reuters) – Severe flooding caused by rainfall and melting snow devastated farms and towns in Nebraska and Iowa on Tuesday, leaving at least four people dead and causing hundreds of millions of dollars in damage, with waters yet to crest in parts of the region for several days. Flooded Offutt Air Force Base Read More

Wall Street inches higher as Fed meeting convenes

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NEW YORK (Reuters) – Wall Street gained ground on Tuesday, with investors expecting the U.S. Federal Reserve to reaffirm its dovish stance as it began its two-day monetary policy meeting. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, Read More

Catastrophic floods in Midwest cause widespread damage

3 hours ago DieselGasoil Comments Off on Catastrophic floods in Midwest cause widespread damage
BROWNVILLE, Neb. (Reuters) – Severe flooding caused by rainfall and melting snow devastated farms and towns in Nebraska and Iowa on Tuesday, leaving at least four people dead and causing hundreds of millions of dollars in damage, as U.S. Vice President Mike Pence prepared to tour the area. Flooded Offutt Air Force Base Is seen Read More

Hopes of Fed standing pat on rate hikes drive Wall Street higher

6 hours ago DieselGasoil Comments Off on Hopes of Fed standing pat on rate hikes drive Wall Street higher
(Reuters) – Wall Street’s main indexes climbed on Tuesday, as investors hoped for a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. Read More

TIPRO analysis details Texas oil and gas workforce trends

6 hours ago DieselGasoil Comments Off on TIPRO analysis details Texas oil and gas workforce trends
3/19/2019 AUSTIN — Rising production of oil and natural gas in the Lone Star State is opening new doors for Texans seeking employment opportunities with energy companies. A new analysis released today by the Texas Independent Producers & Royalty Owners Association (TIPRO) indicates the Texas oil and natural gas industry had approximately 90,700 job postings Read More

Mike Pence to visit Nebraska amid deadly floods

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(Reuters) – U.S. Vice President Mike Pence will visit Nebraska on Tuesday to survey the devastation left by floods in the Midwest which have killed at least four people and caused hundreds of millions of dollars in damage. Flooded Offutt Air Force Base Is seen in this DigitalGlobe Satellite image over Nebraska, U.S., March 18, Read More

Overdone? Short EU equities 'most crowded' trade for first time

9 hours ago DieselGasoil Comments Off on Overdone? Short EU equities 'most crowded' trade for first time
LONDON (Reuters) – Fund managers have named bearish bets in European equities as the “most crowded” trade in Bank of America Merrill Lynch’s survey for the first time in its history, suggesting sentiment for one of the world’s most shunned markets may rise from here. FILE PHOTO: The German share price index DAX graph is Read More

U.S. vice president to tour Nebraska flood zone

11 hours ago DieselGasoil Comments Off on U.S. vice president to tour Nebraska flood zone
(Reuters) – U.S. Vice President Mike Pence is due to travel to Nebraska on Tuesday to tour the devastation left by floods in the Midwest which have killed at least four people and caused hundreds of millions of dollars in damage. FILE PHOTO: One of many areas near the southeast side of Offutt Air Force Read More

German lawmakers challenge deputy finance minister's Goldman link in bank merger

12 hours ago DieselGasoil Comments Off on German lawmakers challenge deputy finance minister's Goldman link in bank merger
BERLIN/FRANKFURT (Reuters) – German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank. FILE PHOTO: Outside view of the Deutsche Bank and the Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Read More