• Will oil price shoot up again?
Will oil price shoot up again?

US West Texas Intermediate (WTI) crude oil futures were at $59.06 per barrel at 0115 GMT, down 87 cents, or 1.5 per cent from their last settlement. The administration had been counting on Saudi Arabia to assure oil supply to prevent a run-up in prices. Worldwide benchmark Brent crude oil futures were at $69.17 per barrel, down 95 cents, or 1...

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  • Amazon picks NYC, Northern Virginia as sites for new headquarters
Amazon picks NYC, Northern Virginia as sites for new headquarters

The site also indirectly supports over 50,000 other jobs, Amazon said. The New York Times had also reported last week that Amazon was finalizing plans to select the Long Island City neighbourhood of Queens, New York and the Crystal City area of Arlington, Virginia.

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  • Trump, Obama tout clashing visions of USA as midterm elections near
Trump, Obama tout clashing visions of USA as midterm elections near

Ms. Swallows and Ms. Kent voted from opposite ends of the political schism. President Trump has argued that a Democratic takeover of Congress would trigger an influx of illegal immigrants and a crime wave. 'If they win the House and there is a request, we will work with our general counsel and the I.R.S. general counsel on any requests, ' he ...

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  • Amazon waives minimum requirement for holidays
Amazon waives minimum requirement for holidays

Walmart, arguably Amazon's biggest competitor in the U.S., has kept its $35 minimum threshold for free shipping for this holiday season (so far, at least). T3 has approached Amazon UK to find out whether the free shipping promotion will be coming to our shores, and will update this article as soon as we hear back.

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  • How Will The US Midterm Elections Impact Bitcoin
How Will The US Midterm Elections Impact Bitcoin

A third of all 100 Senate seats, each lasting six years, is contested every two years. And New Jersey Sen. Elizabeth Warren of MA, both considered possible 2020 contenders. President Donald Trump says if migrants throw rocks at US troops or border patrol officers, they're not going to be shot, but they're "going to be arrested for a long peri...

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  • US Economy Creates 250000 Jobs in October, Beating Expectations Again
US Economy Creates 250000 Jobs in October, Beating Expectations Again

The U.S. economy added another 250,000 nonfarm jobs in October as the U.S. labor pool hit a record high of 156.562 million workers, the U.S. Labor Department's Bureau of Labor Statistics (BLS) reported Friday (Oct. The stimulus "is driving strong growth, but we have a almost trillion dollar deficit and at some point we have to pay for that", sa...

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  • Elon Musk says Apple doesn't really 'blow people's minds' anymore
Elon Musk says Apple doesn't really 'blow people's minds' anymore

Musk said he didn't know whether many people would want to buy the truck. The SEC declined to comment. Elon Musk is serious about plans for a Tesla ( TSLA ) pickup truck, and says it's going to look like something out of the sci-fi movie "Blade Runner".

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  • Apple warns on holiday sales, sending value below $1 trillion
Apple warns on holiday sales, sending value below $1 trillion

George Salmon, an analyst at Hargreaves Lansdown said that Apple was charging close to $800 per phone, and while that's helping revenues climb despite flat sales volumes it can not last. Apple also unveiled a new version of its iPad Pro tablet with a screen that looks almost edge-to-edge and boasts a faster processor. And, to make it loo...

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  • Setback for US-China trade deal hopes
Setback for US-China trade deal hopes

At a campaign rally in Columbia, Missouri, he added: "They want to make a deal". "At best, the parties are negotiating about negotiating and we are still miles from a deal", Boltansky said. It also came on the heels of reports that the Trump administration is preparing to impose new tariffs on Chinese goods within the next several months.

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  • Crude Oil Analysis: Oil Waivers Raises Risk of Key Support Break
Crude Oil Analysis: Oil Waivers Raises Risk of Key Support Break

Oil has been caught in the global financial market slump this month, with equities under pressure from the trade fight between the world's two largest economies. The other four that will get waivers weren't identified. Oil production from these three producers reached 33 million barrels per day (bpd) for the first time in September, Refinitiv Eik...

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  • PM Khan: Pakistan Wants to 'Learn' from China's 'Phenomenal Achievements'
PM Khan: Pakistan Wants to 'Learn' from China's 'Phenomenal Achievements'

Pakistan has rejected purported protest by India and statement by the neighbouring country regarding bus service through China-Pakistan Economic Corridor (CPEC). China's expected assistance is the second $6 billion package which Khan has managed to obtain in the last few weeks as Pakistan reeled under severe financial crisis.

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  • How to get a free Google Home Mini speaker from Spotify
How to get a free Google Home Mini speaker from Spotify

This news was particularly surprising as Spotify actually posted a profit this quarter. Jeff Wlodarczak of Pivotal Research said he remained positive on Spotify despite the "modest reduction" in the outlook. Spotify is in fierce competition with its rivals offering both subscription-based and ad-supported music services. Apple, set to rele...

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  • U.S. plans more China tariffs if Trump-Xi meeting fails
U.S. plans more China tariffs if Trump-Xi meeting fails

Stocks sank again Monday on fears that the Trump administration will escalate its trade dispute with China by imposing tariffs on all remaining goods the United States imports from that nation. If the Trump administration expands the tariffs to include the rest of those imports, the higher taxes would hit consumer goods such as clothing, shoes,...

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  • Tesla has not received subpoena on Model 3 production, says company
Tesla has not received subpoena on Model 3 production, says company

Despite the strong showing, doubts will still hang over Tesla until Musk can prove that the company can consistently make money and realize its production goals. Tesla hasn't had an easy 2018, thanks to a combination of ramp-up difficulties surrounding the Model 3 and the erratic behavior of its CEO, Elon Musk.

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  • Jamal Khashoggi's killing was 'extrajudicial execution': United Nations expert
Jamal Khashoggi's killing was 'extrajudicial execution': United Nations expert

Saudi Arabia is the linchpin of a US-backed regional bloc against growing Iranian influence in the Middle East, but the murder of journalist Jamal Khashoggi at its consulate in Istanbul on October 2 has prompted a global outcry and strained Riyadh's ties with the West.

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  • IBM to Buy Software Maker Red Hat for About $34 Billion
IBM to Buy Software Maker Red Hat for About $34 Billion

A logo of IBM is seen at the Mobile World Congress in Barcelona, Spain February 28, 2018. The 107-year-old USA company will pay Red Hat's shareholders a 62pc premium for their shares in a bid to accelerate its growth into the emerging $1trillion growth market for cloud-based computing systems.

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  • China Mints Two Billionaires a Week
China Mints Two Billionaires a Week

At the current rate, UBS and PwC expect Asia-Pacific billionaires to be wealthier than their United States peers in under three years. Now in its fifth edition, the report draws on UBS and PWC's extensive client network and access to data, and aims to promote a deeper understanding of the billionaire population globally.

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  • Tesla approves Model Y for production
Tesla approves Model Y for production

In August of that year, Musk said he was confident Tesla would be able to produce 1,500 Model 3s in the third quarter, and reach a run rate of 5,000 a week by the end of the year. It anticipates upcoming volatility in Model 3 margins; no "major revenue uplift" until the Model Y release in 2022; no repeated improvements in working capital, oper...

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  • Wall Street rebounds after rout, Nasdaq +3.0%
Wall Street rebounds after rout, Nasdaq +3.0%

The S&P 500 index jumped 1.9 percent to 2,705.57. Markets have been rattled in recent weeks by increased worries over the impact that rising interest rates, inflation and the escalating trade dispute between the US and China may have on Corporate America.

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  • Google fired 48 people for sex harassment in last two years
Google fired 48 people for sex harassment in last two years

She was also asked to keep quiet about what happened. But even if we give Google the benefit of the doubt, it still does not justify the investment in Andy Rubin's VC, Playground Ventures. A year later, the accuser filed a complaint to Google's human resources department and told officials about the relationship. It came as Google's parent comp...

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  • President Obama on Trump: 'I don't believe in just making stuff up'
President Obama on Trump: 'I don't believe in just making stuff up'

Former President Barack Obama headlined a rally in Las Vegas with Democratic candidate for Senate Jacky Rosen and other Nevada Democrats on Monday. He was also keen that voters "remember who started" the current economic upswing. This assertion Obama made at a rally of supporters of the Democratic get together in Las Vegas. Democratic Rep. Jack...

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  • $10,000 winning Mega Millions ticket sold at gas station in Washtenaw County
$10,000 winning Mega Millions ticket sold at gas station in Washtenaw County

The Whistle Stop will receive a $10,000 bonus for selling the winning ticket. While at the Whistle Stop in Union Hall in Franklin County, he bought $30 worth of tickets, according to Virginia's lottery website. Before the drawing , lottery officials had been reporting an expected record-breaking $1.6 billion jackpot , based on estimates tie...

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  • USA stocks down as industrials begin to feel tariff pain
USA stocks down as industrials begin to feel tariff pain

Its shares fell about 3.0%. Energy , meanwhile, also kept a lid on gains in the broader market, even as oil prices shrugged off a larger-than-expected rise in crude inventories . -China trade dispute. Among the big companies slated to release quarterly results this week are Microsoft, Amazon and Colgate-Palmolive. STMicroelectronics (NYSE:STM...

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  • Trump says Mohammad bin Salman could be behind murder of Khashoggi
Trump says Mohammad bin Salman could be behind murder of Khashoggi

The Saudi government said on Tuesday that a 15-member squad was sent to take Khashoggi to a safehouse to try and convince him to go back to Saudi Arabia . "I want to convey them a message: they will not be able to do so as long as there is a Saudi king called Salman, and crown prince named Mohammed bin Salman in Saudi Arabia and a Turkish pres...

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  • Record US$1.6 billion jackpot too much for some US lottery players
Record US$1.6 billion jackpot too much for some US lottery players

The theory was that bigger jackpots would draw more attention, leading more players to plop down $2 for a Mega Millions or Powerball ticket. The individual matched all five white ball numbers drawn, but not the Mega Ball number. In 2016, Americans spent more than $ 80 billion on lotteries , eclipsing the combined total of what they spe...

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  • USA issues warning to Russian Federation about helping Iran escape upcoming oil sanctions
USA issues warning to Russian Federation about helping Iran escape upcoming oil sanctions

Saudi Arabia's energy minister has used public comments over the past week to tone down the kingdom's veiled threat to use oil as a political weapon to retaliate against possible sanctions related to the Khashoggi killing. Shipping brokerage Eastport on Tuesday said crude prices were "widely expected to decline in coming months, as rising produc...

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  • No Mega Millions victor, jackpot climbs to $1.6 billion
No Mega Millions victor, jackpot climbs to $1.6 billion

Big money is on the line as the Powerball and Mega Million jackpots continue to grow without a lucky victor in sight. If someone picks the winning six numbers, they can either claim the jackpot in 30 payments over 30 years - the so-called annuity option - or take a reduced amount in a lump sum.

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  • Caravan at Mexico-Guatemala border shrinks as migrants mass on bridge
Caravan at Mexico-Guatemala border shrinks as migrants mass on bridge

But Mexico has also been keen to show Trump it is working to slow the stream of migrants. During a presidential debate, Lopez Obrador indicated his administration would stop doing "dirty work" for the United States by detaining Central American migrants .

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  • Saudi doctor accused of killing and dismembering journalist 'trained in Australia'
Saudi doctor accused of killing and dismembering journalist 'trained in Australia'

The Saudi consul general reportedly is heard on tape saying, "Do this outside; you're going to get me in trouble". Washington Post late on Tuesday published passport scans of the suspects allegedly involved in the journalist's killing, while another report detailed close links between the suspects and the powerful crown prince accused of ...

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  • Tesla CEO Elon Musk's settlement with SEC approved by judge
Tesla CEO Elon Musk's settlement with SEC approved by judge

Tesla says the new chip, developed in-house, is the first designed specifically to run such artificial-learning neural networks and that it uses the same connectors and dimensions as the Nvidia chip the company now uses, so owners can have it swapped directly.

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