Analysts predict that oil prices will stabilize in the second half of 2015 and rise in 2016 and 2017 as consumers increase demand due to…
Author: moorem15
On Sunday, Australia announced it would join the Asian Infrastructure Investment Bank (AIIB), reversing a previous decision to not participate. Earlier this month, the UK,…
The China National Offshore Oil Corp (Cnooc) decided not to go forward with a shale gas project in the Anhui province. This move comes as…
In an indication of an improving economy, the number of first-time unemployment benefits claims fell last week by 9,000 to a seasonally adjusted 290,000, according…
Oil prices rose sharply in trading amid concerns that fighting between Saudi Arabia and Yemen could disrupt global oil supplies. Wednesday, Saudi Arabia announced it…
In February in the UK, the inflation rate fell to 0% from 0.3% the month before. Lower costs for food and computer goods are responsible…
Morgan Stanley’s chief financial officer Ruth Porat announced she would be leaving the firm to work at Google. Porat follows in the footsteps of other…
At the opening bell Wednesday, US stocks experienced a modest lift on news of a merger between Kraft Foods and Heinz Company. If the merger…
In recent years, Iranian oil exports have been severely hampered by U.S.-led sanctions. However, as part of Iranian nuclear negotiations, Iranian oil (500,000 barrels or…
This fiscal year, the state of Kansas is facing a $280 million budget shortfall as a result of one of the largest tax cuts in…
Unemployment in the United States fell to 5.5% after 295,000 new jobs in February. This is the lowest unemployment percentage since spring of 2008. …
If Bitcoin were a currency, it would be performing worse than even the Russian ruble, as Bitcoin prices fell by nearly 50% over a two…
In the United States, Works Councils have been in the news since the attempt to form the first Works Council in the United States at Volkswagen’s…