Why Energy Stocks Sank in Trump's First Year in Office
After rallying right after the election, energy stocks went in the opposite direction last year despite having a pro-energy President in the White House.
China Seeks to Repeal Term Limit, Opening Way for Xi
China's Communist Party moved to repeal presidential term limits enshrined in the constitution, the clearest sign yet that Xi Jinping intends to stay on as leader past his second term.
Bitcoin Cash, Litecoin and Ripple Daily Analysis – 25/02/18
The weekend rally stopped short this weekend and, while the majority of the front runners are in positive territory at the time of writing, more losses may well be on the cards today as investors tread cautiously ahead of Monday's open.
China paves way for Xi Jinping to extend rule beyond 2 terms
China's ruling Communist Party has proposed scrapping term limits for the country's president, the official news agency said Sunday, appearing to lay the groundwork for party leader Xi Jinping to rule ...
Judge dismisses coal company suit against HBO’s John Oliver
A West Virginia judge has dismissed a lawsuit brought by coal company Murray Energy against HBO host John Oliver. A segment of Oliver's Sunday show "Last Week Tonight" in June poked fun at Murray ...
Buffett says ‘terrible mistake’ for long-term investors to be in bonds
Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds. Buffett said it is a "terrible mistake" for investors with long-term horizons - among them, pension funds, college and endowments and savings-minded individuals - to measure their investment "risk" by their portfolio's ratio of bonds to stocks. The long-time bull on U.S. companies and the economy issued his latest letter to Berkshire Hathaway Inc shareholders on Saturday.
Venezuela’s Maduro says to recover 70 percent of oil output decline
Venezuelan President Nicolas Maduro promised on Saturday to recover 70 percent of the country's lost oil production in the first half of 2018. "I can tell you, the unprecedented injustices led to an important fall of a million barrels of oil," Maduro said in an interview with state television without giving more specific figures or defining a time period for the output decline. Venezuela's oil production dropped by nearly 13 percent last year according to figures released by OPEC in January, hitting a 28-year low that suggested a deepening economic crisis and increased chances of a debt default.