Oil traders listen to OPEC talk, wait for action
September 26, 2016
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Oil traders listen to OPEC talk, wait for action

As OPEC prepares to meet in Algiers next week, the oil market is reminding the…

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Fed’s Rosengren wanted interest-rate hike in September to sustain the economy
September 26, 2016
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Business

Fed’s Rosengren wanted interest-rate hike in September to sustain the economy

The Dow Jones industrial average rose 163.74 points, or 0.9 percent, to 18,293.7, the S&P…

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Federal Reserve will not raise interest rates for at least another month
September 26, 2016
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Federal Reserve will not raise interest rates for at least another month

In a statement after the September meeting the Fed said it did decide to wait…

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Some Yahoo users close accounts amid fears breach could have ripple effects
September 26, 2016
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Business

Some Yahoo users close accounts amid fears breach could have ripple effects

Yahoo said the stolen information may have included names, email address, birth dates, and scrambled…

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A tale of two Feds: Why rates didn’t rise this week
September 26, 2016
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Business

A tale of two Feds: Why rates didn’t rise this week

USA stocks were also supported by the Bank of Japan’s surprise decision to adopt a…

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UK PM to Survey US Banks on Hard Brexit Outcomes
September 26, 2016
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Business

UK PM to Survey US Banks on Hard Brexit Outcomes

Theresa May has insisted that Brexit will result in the “best possible” trade deal with…

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Saudi offers oil cut if Iran freezes output
September 26, 2016
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Business

Saudi offers oil cut if Iran freezes output

The group, which produces a third of the world’s oil, will also have a formal…

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Oil prices rebound after Algeria says all options open at OPEC meeting
September 26, 2016
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Business

Oil prices rebound after Algeria says all options open at OPEC meeting

Sources told Reuters on Friday that Saudi Arabia did not expect a decision to be…

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Crews work to restore power after massive outage in Puerto Rico
September 26, 2016
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Business

Crews work to restore power after massive outage in Puerto Rico

Early on Thursday, almost 24 hours after a blackout caused by a power plant fire…

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Divided Fed leaves interest rates unchanged; strong hints of a December increase
September 26, 2016
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Business

Divided Fed leaves interest rates unchanged; strong hints of a December increase

They said they expected Japan’s central bank to eventually slash its policy rate further.

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