Oil jumped more than 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than first agreed.
Pepsi Looking Desperate With Introduction of "Pepsi Fire"
Following in the hallowed traditions of limited-edition varieties like Crystal, Mojito and Kona, PepsiCo today announced the launch of Pepsi Fire, a cola spiked with a cinnamon-flavobed twist.
Trading Fortunes Depend on a Mysterious Antenna in an Empty Field
It was an odd transaction from the outset: $14 million, double the going rate, for a 31-acre plot of flat, undeveloped land just west of Chicago. In the nine months since, the curious use of the space has only added to the intrigue.
U.S., China Agree to First Trade Steps Under 100-Day Plan
The United States and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington's drive to cut its trade deficit with Beijing.
The 3 Best Buffett Stocks for Retirees
The Oracle of Omaha aims to buy companies that can stand the test of time. You should, too. Here's why Apple (NASDAQ:AAPL), General Motors (NYSE:GM), and DaVita (NYSE:DVA) are three great Buffett stocks for retirees.
Verizon Wins $3.1 Billion Bidding War For 5G Spectrum
The telecommunications giant will pay about $3.1 billion in an all-stock deal to acquire Straight Path Communications, which holds a treasure trove of wireless licenses useable in future super-fast next-generation 5G mobile and fixed broadband services.
You Can Afford A New Tesla Solar Roof
Many had expressed skepticism that Tesla's product would be as affordable as the company claimed. But after the release of the pricing, Tesla shares closed up more than 1 percent Wednesday.
US Has 5.7 Million Job Openings, Near Record High
Looking for a job? America has 5.7 million openings. That's close to the record number of job openings reported by the Labor Department since it started tracking them in 2000.
Bitcoin Soars Above $1,700 As Market Cap Adds $1 billion In Just 24 Hours
The price of bitcoin rose above $1,700 Tuesday morning, according to a price index by industry website Coindesk. With bitcoin's price so high, analysts are contemplating what risks could scuttle the recent surge.
Wealthy Chinese Are Lining Up to Pay $500k For U.S. Visas
Wealthy Chinese citizens have been falling over themselves to participate in the EB-5 program, which makes immigrants eligible to apply for a green card if they invest over $500,000 in a project that creates U.S. jobs.
New Age Beverages Gets Buy Rating
Research analysts at Maxim Group started coverage on shares of New Age Beverages Corp (NASDAQ:NBEV) in a research note issued on Thursday. The firm set a “buy” rating and a $6.00 price target on the stock
Apple Just Got Its Most Bullish Forecast Yet: Worth $1 Trillion In a Year
Apple is hugely underappreciated, Drexel Hamilton's Brian White writes in a note to clients. Should shares of Apple climb to White's price target, the company would be worth $1.06 trillion.