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Updated: 39 min 23 sec ago

Oil Higher as OPEC Sticks to Output Pledges

Wed, 03/01/2017 - 1:35am
Oil reversed earlier losses on Wednesday as investors took heart from strict OPEC compliance with its pledge to cut output, although evidence of increasing U.S. production capped gains.
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Oil Down For Second Day

Wed, 03/01/2017 - 1:35am
Crude oil lost more ground on Wednesday with rising U.S. oil output adding pressure on the market, although OPEC production cuts continued to offer support.
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Oil Firms as Trump Offers Little on Plans to Boost U.S. Output

Wed, 03/01/2017 - 1:35am
Crude oil prices rose on Wednesday as the dollar trimmed gains and a speech by U.S. President Donald Trump offered little on plans by his administration to boost U.S. oil production.
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Wilbur Ross Says Trump Did Not Endorse Border Tax Plan

Wed, 03/01/2017 - 1:20am
New U.S. Commerce Secretary Wilbur Ross said President Donald Trump did not endorse a proposed border tax system on Tuesday in his first speech to Congress.
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S&P 500 Futures Rise; Trump Promises Tax Relief, Infrastructure Boost

Wed, 03/01/2017 - 1:03am
U.S. stock futures were ahead late on Tuesday, indicating a higher open on Wednesday, after President Donald Trump's first address to Congress, which gave few specifics but confirmed his commitment to lowering tax and boosting infrastructure.
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Could the $1.3T of College Debt Spark the Next Financial Crisis?

Tue, 02/28/2017 - 5:55pm
As President Trump addresses Congress over tax reform and defense spending in a joint session Tuesday night, one agenda that might not be covered could very well spark the next financial crisis: student loan debt default.
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Hersheys to Reduce Global Workforce by 15%

Tue, 02/28/2017 - 5:55pm
Hershey Co, maker of Hershey's Kisses and Reese's Peanut Butter Cups, said will make certain changes to its operations, resulting in a 15% reduction of its global workforce.
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Dow Halts Record Run, February Was Still Mighty for Markets

Tue, 02/28/2017 - 4:55pm
Despite ending Tuesday’s session slightly lower, the major averages notched substantial monthly gains and continued to sit just below all-time highs.
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U.S. Banks See Record Profits in 2016

Tue, 02/28/2017 - 2:14pm
The U.S. banking industry booked record profits last year, according to regulatory data released on Tuesday, as lenders grew a stronger book of loans and fewer banks failed.
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Private Prison Firms Gain as Trump Plans to Crack Down on Crime, Illegal Immigration

Tue, 02/28/2017 - 1:53pm
President Donald Trump’s tough stance on fighting crime and illegal immigration has led to a spike in the share prices of the leading private prison companies.
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Should Investors Wait Until After the IPO to Get in on Snapchat?

Tue, 02/28/2017 - 12:46pm
When clients ask financial adviser Michael Busch about buying shares in Snap Inc.'s initial public offering this week, he warns them to consider it a speculative play.
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New FCC Chair Vows 'Light-Touch' Approach to Regulation

Tue, 02/28/2017 - 12:34pm
The new Republican head of the U.S. Federal Communications Commission promised "light-touch" regulation of areas such as the internet, a dramatic shift away from the Obama administration's approach to telecommunications oversight.
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Honda Chases Silicon Valley With New Artificial-Intelligence Center

Tue, 02/28/2017 - 10:49am
Honda is creating a research arm focused on artificial intelligence.
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U.S. Home Prices End 2016 On High Note, Case-Shiller Says

Tue, 02/28/2017 - 10:25am
Home prices grew at the fastest rate in 2.5 years in December, shrugging off higher interest rates to cap a year of robust growth.
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U.S. Economy Slows in Q4; Consumer Spending Remains Bright Spot

Tue, 02/28/2017 - 9:47am
U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.
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4Q Economic Growth Unrevised at 1.9% Rate

Tue, 02/28/2017 - 9:47am
U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.
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JPM Shares Slide as Bank Expects 2017 Expenses to Rise 3.4%

Tue, 02/28/2017 - 9:29am
JPMorgan Chase & Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts.
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Wall St Slips as Trump Speech looms; Retail a Drag

Tue, 02/28/2017 - 9:14am
U.S. stocks slipped Tuesday afternoon as a disappointing profit outlook from Target dragged down retailers and as investors braced for President Donald Trump's address to Congress.
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Wall Street Slips as Financials, Discretionary Stocks Drag

Tue, 02/28/2017 - 9:14am
U.S. stocks traded lower on Tuesday, setting up the Dow to snap a 12-day winning streak, as financial and consumer discretionary stocks weighed and investors awaited President Donald Trump's speech to a joint session of Congress.
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Wall St Slips as Financials, Discretionary Stocks Drag

Tue, 02/28/2017 - 9:14am
U.S. stocks dipped Tuesday morning, pulled lower by financial and consumer discretionary names, and as investors focused on President Donald Trump's first speech to a joint session of Congress.
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