• Oil prices hit highest level since July 2015 on re-balancing optimism
Oil prices hit highest level since July 2015 on re-balancing optimism

Prices rebounded to end the session in the black, up almost 0.3%. Ingham's group reported Texas crude oil production was about 5.7 percent higher than it was past year. Some 500,000 barrels of oil per day are exported out of Kurdish Iraq every day. Demand remains robust and buoyed by global demand for US distillates.

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  • 'My corazón breaks for them' Red Cross volunteer leaves for Puerto Rico
'My corazón breaks for them' Red Cross volunteer leaves for Puerto Rico

The Federal Emergency Management Agency said thousands of relief workers are on the ground delivering food and water, but the governor said it hasn't been enough. Food and Drug Administration. Leaders in Puerto Rico and the US are urging President Trump to suspend the Jones Act , which regulates shipping and would speed up the delivery of much...

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  • Republican tax proposals to call for sharp cut in corporation tax
Republican tax proposals to call for sharp cut in corporation tax

The Trump administration is also proposing a move away from the current worldwide tax system to a territorial system, allowing companies to send their offshore profits back to the US without incurring extra taxes. The White House officials also said the plan would increase the projected debt by as much as House and Senate members choose to al...

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  • Republicans admit latest Trumpcare proposal is dead
Republicans admit latest Trumpcare proposal is dead

Senators Lindsey Graham and Bill Cassidy , authors of the bill , had offered to boost federal healthcare funds by 43% in Maine. "Am I disappointed? Absolutely". This would have meant just one too many members against the bill for it to pass. Some Republicans are of the view that heathcare and tax reform can be taken up during 2018 budget.

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  • Remainers warn Bombardier tariff is sign of impending Brexit nightmare
Remainers warn Bombardier tariff is sign of impending Brexit nightmare

Manufacturing Northern Ireland , an industry group, said the row was an ominous sign of the difficulties Britain could face after leaving the EU. But today's ruling does give Boeing momentum as the dispute drags on, and more leverage in any future talks between the Trudeau government and Boeing to reach a negotiated settlement.

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  • Shekel weakening after Yellen boosts dollar
Shekel weakening after Yellen boosts dollar

On the mainland, the Shanghai Composite inched higher by 0.06% and the Shenzhen Composite advanced 0.30%. President Donald Trump warned North Korea on Tuesday that any USA military option would be "devastating" for Pyongyang, but said the use of force was not Washington's first option to deal with the country's ballistic and nuclear weapons p...

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  • Oil Price Rises To $57 …As OPEC Plans Output Cuts
Oil Price Rises To $57 …As OPEC Plans Output Cuts

In the 2017 budget, the executive set the crude oil benchmark at 2. 2 million barrels per day at a price of $42.5 per barrel, before the National Assembly pushed the benchmark to $44.5 a barrel with hopes that the black gold would remain at its January rate, which was above $50.

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  • Julius Peppers Remained in Panthers Locker Room During Anthem
Julius Peppers Remained in Panthers Locker Room During Anthem

Never takes much does it? And second-year cornerback Ken Crawley had a couple of big-time plays after being a healthy inactive the first two weeks. "But we've got 14 more games". Once again, it is all offense and no defense for the Saints in 2017. I know this: Newton can't beat the Saints standing on the sideline. That last number might be an e...

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  • Puerto Ricans in Arkansas collecting supplies for the devastated island
Puerto Ricans in Arkansas collecting supplies for the devastated island

Thousands of people were evacuated from Toa Baja after the municipal government opened the gates of the Rio La Plata Dam. This massive global crowdfunding community that connects nonprofits and donors is providing emergency supplies like food, water and medicine to hurricane victims in Puerto Rico .

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  • Dollar hits 2-mth high vs yen on heightened Fed hike expectations
Dollar hits 2-mth high vs yen on heightened Fed hike expectations

Benchmark 10-year German government bond yields were marked 4 basis points higher at 0.48%, the highest since early August, while 2-year U.S. Treasury notes were seen holding almost a 2008 high of 1.44% during European trading. Crude oil futures inched lower Thursday, trimming recent gains after the Federal Reserve suggested a rate hike is immin...

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  • Protests resume over acquittal of St. Louis officer
Protests resume over acquittal of St. Louis officer

Protesters marched through St. Louis' posh Central West End and the trendy Delmar Loop area of nearby University City on Friday and Saturday. Anthony Lamar Smith was killed in 2011 during a confrontation with police. But as the night wears on, a subsection emerges, a different crowd more willing to confront police, sometimes to the point of clash...

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  • World shares mixed as markets mull latest Fed statement
World shares mixed as markets mull latest Fed statement

The dollar was last up 0.4% against the yen with markets showing little reaction after the Bank of Japan left its policy unchanged on Thursday, sticking to its massive stimulus program. During the 2008 financial crisis, Washington slashed the key interest rate almost to zero in a bid to boost growth and jobs. Murata Manufacturing Co Ltd she...

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  • How major United States stock market indexes fared Wednesday
How major United States stock market indexes fared Wednesday

The dollar fell 0.3 percent against the euro ahead of the two-day talks, with markets awaiting guidance on whether the Fed will signal a further hike in interest rates at its December meeting. Its inflation target is 2 percent. On Wall Street , stocks closed higher on Tuesday, though buying interest was somewhat subdued as traders seemed...

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  • Federal Reserve Expected to Hold US Interest Rates Steady
Federal Reserve Expected to Hold US Interest Rates Steady

Other names being floated: Glenn Hubbard, dean of Columbia University's business school; John Taylor, a professor at Stanford University; Kevin Warsh, a former Fed governor; and Neel Kashkari, the president of the Minneapolis Fed who Wessel describes as a "dark horse".

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  • Huawei promises to launch The Real AI Phone next month
Huawei promises to launch The Real AI Phone next month

The front facing TrueDepth camera is also something to rave about, it includes features for portrait selfies, selfie lighting, face ID and Animoji. The iPhone X boasts two new major features, a new edge-to-edge "Super Retina Display" and the replacement of the mechanical home button with the ability to unlock your phone with Face ID .

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  • Liverpool Boss Klopp: Burnley Draw Is Our Fault
Liverpool Boss Klopp: Burnley Draw Is Our Fault

They failed to clear the ball and Scott Arfield produced a superb half-volley for his first goal in 11 months. After the break, Pope denied Livepool on several occasions, including one point-blank save from Dominic Solanke , which he pushed onto the bar.

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  • Ricciardo leads Red Bull 1-2 in Singapore
Ricciardo leads Red Bull 1-2 in Singapore

Mercedes' Lewis Hamilton goes into the grand prix with a slender three-point advantage over Ferrari's driver Sebastian Vettel , who has tasted victory four times in Singapore . "I'm not surprised with our performance", Ricciardo said. It hasn't come close to matching the Scuderia or championship leader Mercedes for pace.

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  • Major Newspaper Optimism: Bitcoin Ban is not Even Realistic
Major Newspaper Optimism: Bitcoin Ban is not Even Realistic

Observers have noted that by closing the barn doors inside the country, traders and miners will simply turn to external markets like Hong Kong, Singapore, and South Korea. Dimon on Tuesday called bitcoin a "fraud" that will eventually blow up . The digital currency is now trading at US$3,050, a 27% drop since the beginning of the week.

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  • Attorney general offers advice on what to about the Equifax breach
Attorney general offers advice on what to about the Equifax breach

The company set up a dedicated website for consumers to check if their records were part of the breach, and is giving those affected a free year of free credit monitoring and identity theft protection from their subsidiary, TrustedID Premier.

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  • JetBlue Caps Ticket Prices At $99 For Hurricane Irma Evacuees
JetBlue Caps Ticket Prices At $99 For Hurricane Irma Evacuees

Additionally, as Irma makes it's way inward, there are no flights above most of Georgia either. Meanwhile, airlines are on the clock to get their planes safely out of Florida on Friday. In an updatable color-coded map , the county has blocked out the immediate evacuation areas in red-Zone A-for immediate evacuation. The airline's final...

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  • Many head to airport for flights to FL ahead of Irma
Many head to airport for flights to FL ahead of Irma

The bottom line is: You can't get a seat and the reason is there aren't enough seats for everyone who wants to travel". "I've heard that most airlines are trying to add flights ". "This is supposed to be the low season". The airport was extremely busy on the 7th. "The NCAA has allowed us to help some of the families out of there that did...

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  • Suspension of US Oil Production in Gulf of Mexico Reaches 6%
Suspension of US Oil Production in Gulf of Mexico Reaches 6%

As the remnants of what was once a Category 4 hurricane traversed the region late last week , packing rain and much cooler temperatures, pump prices began to surge due to the refinery and pipeline disruptions caused in Texas . This compares with 4.2 million bpd at the height of the storm. Whether it will make landfall this week is unknown, as t...

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  • Gas prices spike, up 17 cents since Hurricane Harvey
Gas prices spike, up 17 cents since Hurricane Harvey

The Texas Railroad Commission regulates oil and gas in the state. AccuWeather also said that "the worst flooding from Harvey is yet to come as rivers and bayous continue to rise in Texas with additional levees at risk for breaches and failures".

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  • Residents in standing water at Texas nursing home with limited food, medication
Residents in standing water at Texas nursing home with limited food, medication

The mayor told ABC News that first responders and volunteer rescuers in Port Arthur will be going door to door to homes to conduct welfare checks. The storm made landfall again Wednesday morning near the border between Texas and Louisiana after a short time over the Gulf of Mexico. Authorities have confirmed at least 21 deaths from the st...

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  • Harvey's Destruction Demonstrates Value of Strategic Petroleum Reserve
Harvey's Destruction Demonstrates Value of Strategic Petroleum Reserve

After the Arab oil embargo, the USA began filling its Strategic Petroleum Reserve, which holds enough oil to offset 94 days of imports, according to the Energy Department. Pipelines moving refined product from the Gulf to other regions of the country may be damaged or contaminated - there are reports of water in the Colonial pipeline, the only pr...

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  • Congress switches gears on proposed FEMA cuts post-Harvey
Congress switches gears on proposed FEMA cuts post-Harvey

The Texas Tribune spoke to Stephanie Goodman, deputy commissioner for public affairs for the Texas Department of Insurance, about what Harvey victims need to know before the new Texas law takes effect. Schumer said that 144,000 homeowners in NY filed flood insurance claims after Sandy. Insurance agents say, someone has to pay when disaster...

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  • Torrential rains bring India's financial hub to a halt
Torrential rains bring India's financial hub to a halt

Mumbai : Large swathes of Mumbai are submerged in waist-deep water with the weather bureau saying it is possibly the heaviest and longest bout of rain since July 26, 2005. The suburban trains, which are the lifeline of Mumbai , resumed their services in the morning but they had to be suspended again because of flooding on the tracks.

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  • What Is The Death Toll For Hurricane Harvey?
What Is The Death Toll For Hurricane Harvey?

Meanwhile, officials in Fort Bend County, Houston's south western suburbs, issued widespread mandatory evacuation orders along the Brazos River levee districts. "We have our own kids". Harvey has wreaked havoc along the U.S. Gulf Coast, flooding Houston and forcing the closure of several oil refineries .

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  • Uber Picks New CEO, Expedia's Dara Khosrowshahi
Uber Picks New CEO, Expedia's Dara Khosrowshahi

The Iranian-American businessman was the highest paid chief executive in the USA in 2015 , and saw Expedia's annual revenue double under his leadership. He graduated from Brown University with a bachelor's degree in engineering. The first chapters introduced features such as tipping (long a staple of rival Lyft), a hotline staffed by human...

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  • Hodges: Minneapolis police body camera policy must change
Hodges: Minneapolis police body camera policy must change

Minneapolis Mayor Betsy Hodges said that while he is not obligated to speak, she wishes he would make a statement because he is the only one who can explain what happened. The Minneapolis officers are both on standard administrative leave, pending the outcome of the probe. Earlier this week, Ruszczyk's friends and neighbors gathered near her h...

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