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OPEC, Russia extend record oil cuts to end of July MOSCOW/DUBAI/LONDON (Reuters) - OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global ...
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The widely cited 'disconnect' between Wall Street and Main Street suddenly appears less confounding Friday's rally pulled the S&P 500 just about even for the year. Including dividends, the market's total return for 2020 is positive. The improvement in economic indicators from quite-depressed levels has made the stock market's dramatic surge off the March 23 ...
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OPEC, Russia to extend record oil cuts to end of July The draft OPEC+ declaration said a joint ministerial monitoring committee would now meet once a month until December to review the market situation. AFP/Getty Images. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon ...
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Exclusive: He quit his Facebook job because of Zuckerberg's inaction on Trump's posts New York (CNN Business) A Facebook employee who quit the company this week told CNN he is worried the platform will be used to further escalate violence in the United States. Timothy Aveni, a 22-year-old Facebook software engineer, quit after Facebook ...
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As people resume work, these seven kinds of jobs are making the biggest return New York (CNN Business) As the US reopens in phases, more and more jobs are being added back to the economy. Unemployment officially fell to 13.3% in May as employers added 2.5 million jobs, the best month for job growth since the Bureau of Labor ...
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Ex-acting Labor secretary defends BLS in the wake of jobs report misclassification error (CNN) The former acting head of the Labor Department under the Obama administration said he believes a "misclassification error" in the May jobs report, which may place the real unemployment rate higher than the one touted by President Donald Trump, ...
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OPEC, Russia to extend record oil cuts to end of July The draft OPEC+ declaration said a joint ministerial monitoring committee would now meet once a month until December to review the market situation. The Organization of the Petroleum Exporting Countries and their allies are set to meet Saturday to decide ...
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How Does Huawei Acquire Customers? It Buys Them With Cheap Credit "Providing huge credit lines for cash-strapped network operators is a pillar of Huawei's business model…. The favorable credit conditions offered by Chinese banks played a major role in the company's expansion." BRITAIN-CHINA-DIPLOMACY-BUSINESS.
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Wall Street Week Ahead: Bond Investors Look for Fed to Justify Steepening Yield Curve NEW YORK — Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government bonds from their record highs, pushing the yield curve to its steepest level since March.
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Bitcoin Experts Weigh In On Impact Of Potential Satoshi Nakamoto Unmasking Bitcoin (BTC) has seen growing interest from the mainstream public over the past several years as the borderless, digital, gold-like, blockchain-based asset continues its price path independent from government control. The definitive identity of bitcoin's ...
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