Contraction in U.S. shale pushes oil towards $40

Crude oil prices have rallied by more than 30% since early February and investors are growing more confident that a rebound is in order. Have oil prices finally turned a

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Dow looks to erase 2016 nightmare on Wall Street

The Dow hasn’t done it yet, but it’s close to erasing all the red ink that drenched it at the then-worst start to a year ever. The Dow Jones industrial

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China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s

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Apple-FBI duel is playing big at SXSW

From President Obama’s answer to a question on the topic following his keynote speech Friday, to an excoriated rebuke from U.S. Rep. Darrell Issa (R-Calif.) today, the privacy-vs.-national security debate

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Deutsche Bank cuts bonuses 17%, cites ‘challenging’ times

Deutsche Bank cut bonuses 17% last year, citing a “challenging” 2015. The bank also warned that 2016 is off to a rocky start due to continued financial volatility. The German

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2016′s winner might shock you

Wall Street appears to have regained its mojo, with stocks in one month going from the brink of a bear

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Iran slowly increasing its oil market share

Iran is expected to raise the April Official Selling Price (OSP) of its flagship light crude oil to Asia to

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Nasdaq to acquire options exchange operator ISE for $1.1B

Nasdaq (NDAQ) has agreed to a $1.1 billion acquisition of International Securities Exchange, the Deutsche Börse Group-owned operator of three

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ECB effect: Dow, S&P 500 flat as Nasdaq slips 0.3%

U.S. stocks gave up early gains Thursday as investors digested an array of fresh stimulus measures from the European Central

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Judge tosses lawsuits against BP over drilling ban

In a decision that likely saves oil company BP billions of dollars, a federal district judge has dismissed hundreds of

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Consumer spending posts scant Feb. increase, personal income growth slows

U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply. Consumer

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FBI hacks into terrorist’s iPhone without Apple

Although the government officially withdrew from its battle against Apple Monday, many observers sense the tech privacy war is just

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