6 Most Important Things in Business Today: OPEC Output Cut

Posted: November 12, 2018 at 4:46 am

Democrats in Congress will examine Trump's pressure on Amazon.com Inc. (NASDAQ: AMZN) and AT&T Inc. (NYSE: T). According to Reuters: When Democrats take control of the U.S. House they plan ...
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Federal Judge Stops Keystone XL Pipeline, Requires Further Environmental Review

Posted: November 9, 2018 at 10:05 am

A federal district court judge in Montana has blocked construction of the Keystone XL pipeline and required the government to review again its environmental impact. The ruling overrides an executive ...
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Defense Stocks on Safer Ground After the Midterm Elections

Posted: November 8, 2018 at 10:15 am

The defense sector took it on the chin during October's selling pressure. There were many reasons for the move: Saudi Arabia, the midterm elections, lower government spending ambitions, potential changes ...
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Crude Oil Price Sinking on Large Increase to Inventory

Posted: November 7, 2018 at 11:15 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 5.8 million barrels last week, maintaining a total ...
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After the Midterm Elections, 10 Defensive Stocks to Buy for 2019

Posted: November 7, 2018 at 11:00 am

The political pollsters actually got it right this time. The Republican party kept the Senate, but the Democrats took back control of the House of Representatives in the 2018 midterm ...
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After Midterms, Marijuana Legalized in 3 More States

Posted: November 7, 2018 at 9:45 am

Prior to Tuesday's elections, 31 states and the District of Columbia had laws on the books that legalized marijuana either for medicinal or recreational use or both. Five more states ...
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6 Most Important Things in Business Today: Effect of Election

Posted: November 7, 2018 at 5:01 am

The Democrats won the House and Republicans won the Senate. This likely will set up a series of battles with President Trump that will range from taxes to immigration. Boeing ...
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4 States Voting on Marijuana Legalization Efforts This Tuesday

Posted: November 6, 2018 at 11:40 am

When midterm elections come around, there are often large issues on the voting ballots other than simply picking candidates who will run local, state and federal offices. One such issue ...
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US Reimposes Iran Sanctions; Crude Prices Move Higher

Posted: November 5, 2018 at 11:10 am

U.S. Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin on Monday announced the reimposition of U.S. sanctions on Iran related to that country's nuclear development program. The sanctions ...
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Trump Comes Down on Counterfeit Goods

Posted: November 1, 2018 at 1:40 pm

In a profound move, President Trump says the United States will withdraw from a 144-year-old postal treaty allowing steep postal discounts for Chinese manufacturers and counterfeiters who flood U.S. markets ...
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Companies Expect Distracted Workers for Midterm Elections, Says Survey

Posted: October 30, 2018 at 1:43 pm

This year, Americans are riveted on the outcome of the midterm elections, which are held between the presidential elections, more so than in other years. Companies are anticipating heightened interest ...
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Trump Declares National Emergency

Posted: October 22, 2018 at 9:55 am

President Donald Trump has taken to Twitter scores of times since taking office to offer his opinion on everything from the size of the crowd at his inauguration to his ...
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Elizabeth Warren Wants Head of Wells Fargo Fired

Posted: October 19, 2018 at 7:00 am

Senator Elizabeth Warren pressed the extent of the power of her office as she insisted that the CEO of Wells Fargo & Co. (NYSE: WFC) be fired. Some of the ...
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What Nucor, Steel Dynamics Earnings Indicate About the Industry and Tariffs

Posted: October 18, 2018 at 11:30 am

Steelmakers Nucor Corp. (NYSE: NUE) and Steel Dynamics Inc. (NASDAQ: STLD) have now reported third-quarter results, and reports are due from Arcelor Mittal (NYSE: MT), AK Steel Holding Corp. (NYSE: ...
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