Archive for November 13th, 2018

Rampant expectations for a global oil supply glut sends the U.S. crude benchmark to its lowest finish of the year and pushes the global benchmark into a bear market on Tuesday, but some analysts say prices have fallen too far, too fast.

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A MidAmerica Nazarene University survey asked 2,000 Americans what their "dream salary" is and found that Americans would like to earn well above $100,000 a year.

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<p>Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money.</p>

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The Gigafactory's expansion since opening in July 2016 has been critical to Tesla's growth. This year, the automaker is on track to sell 170,000 vehicles, a jump of more than 59 percent compared to last year.

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The response to the HQ2 announcement sets up a political clash for Amazon — a company that has had no shortage of battles with officials as it extends its reach across the country and globe.

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<p>Amazon.com picked America's financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C.</p>

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Rising costs are making it harder for Americans to save money.

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Oil fell for a 12th day, its longest losing streak on record, after U.S. President Donald Trump criticized Saudi Arabia’s plan to cut output.

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<p>Amazon picked America's financial and political capitals for its $5 billion new headquarters, saying Tuesday it will build offices for up to 25,000 people in New York City and close by Washington, D.C.</p>

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A person familiar with the plans say Amazon will split its second headquarters between Long Island City in New York and Crystal City in northern Virginia. The online retailer is expected to make an official announcement later Tuesday. The decision will end an intense competition between North American cities to win Amazon and its promise of 50,000 new jobs.

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The Silicon Valley unicorn, a data-analysis giant that’s inching toward an IPO, has been run like a scrappy startup, including lavish perks. CEO Alex Karp is now under pressure to remake the business, including bringing an end to what’s known inside the company as “Palantir Entitlement Syndrome.”

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<p>States differ not just in their economic and demographic makeup, but also in their finances, politics, policies, and procedures — all affect the size of state spending on public assistance programs.</p>

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<p>Stocks rose on Tuesday as tech shares recovered some ground from a sharp sell-off in the previous session. Sentiment was also lifted by reports of renewed trade talks between the U.S. and China.</p>

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The Silicon Valley unicorn, a data-analysis giant that’s inching toward an IPO, has been run like a scrappy startup, including lavish perks. CEO Alex Karp is now under pressure to remake the business, including bringing an end to what’s known inside the company as “Palantir Entitlement Syndrome.”

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U.S. stock futures traded higher on Tuesday following a sharp downturn in the previous session.

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