FILE - In this Nov. 15, 2019, file photo specialist Meric Greenbaum, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 6. less FILE - In this Nov. 15, 2019, file photo specialist Meric Greenbaum, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. ... more Photo: Richard Drew, AP Photo: Richard Drew, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this Nov. 15, 2019, file photo specialist Meric Greenbaum, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 6. less FILE - In this Nov. 15, 2019, file photo specialist Meric … [Read more...] about Stocks jump as November jobs growth blows past forecasts
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Cannabis stocks’ 2019 skid showing few signs of easing
FILE - In this Aug. 6, 2019, file photo marijuana plants growing under special grow lights, at GB Sciences Louisiana, in Baton Rouge, La. When it comes to investing in cannabis stocks, the marijuana bud's faded bloom has shown few signs of returning this year. Cannabis stocks have had a harsh comedown as investors' enthusiasm about the prospects for strong growth and blockbuster company mergers has dimmed. less FILE - In this Aug. 6, 2019, file photo marijuana plants growing under special grow lights, at GB Sciences Louisiana, in Baton Rouge, La. When it comes to investing in cannabis stocks, the marijuana bud's faded ... more Photo: Gerald Herbert, AP Photo: Gerald Herbert, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this Aug. 6, 2019, file photo marijuana plants growing under … [Read more...] about Cannabis stocks’ 2019 skid showing few signs of easing
Saudi Aramco raises $25.6 billion in world’s biggest IPO
A billboard displaying an advert for Aramco is pictured in the Saudi capital Riyadh on November 18, 2019. A billboard displaying an advert for Aramco is pictured in the Saudi capital Riyadh on November 18, 2019. Photo: Fayez Nureldine, AFP Via Getty Images Photo: Fayez Nureldine, AFP Via Getty Images Image 1 of / 4 Caption Close Image 1 of 4 A billboard displaying an advert for Aramco is pictured in the Saudi capital Riyadh on November 18, 2019. A billboard displaying an advert for Aramco is pictured in the Saudi capital Riyadh on November 18, 2019. Photo: Fayez Nureldine, AFP Via Getty Images Saudi Aramco raises $25.6 billion in world’s biggest IPO 1 / 4 Back to Gallery Saudi Aramco raised … [Read more...] about Saudi Aramco raises $25.6 billion in world’s biggest IPO
OPEC poised to cut production further to shore up prices
London (CNN London)OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming US output. But the cartel, which is led by Saudi Arabia, did not release details or hold a press conference following its meeting in Vienna on Thursday. OPEC meets with allied producers including Russia on Friday. The prospect of deeper cuts failed to wow investors, with crude prices posting only small gains on news reports that an agreement had been reached. That's mainly because Saudi Arabia is already pumping at below its quota while others flout the agreement. OPEC countries and allied producers have limited their production since 2017. The current deal removes 1.2 million barrels per day from world markets and is due to expire at the end of March. There is uncertainty over how much longer the coalition can stick together. "It remains unclear what would occur in [the second quarter of 2020], … [Read more...] about OPEC poised to cut production further to shore up prices
The prince got his world-beating IPO. Now the hard work begins
In this Wednesday, Nov. 27, 2019, photo released by Ministry of Presidential Affairs, Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan, right, meets Saudi Crown Prince Mohammed bin Salman in Abu Dhabi, United Arab Emirates. less In this Wednesday, Nov. 27, 2019, photo released by Ministry of Presidential Affairs, Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan, right, meets Saudi Crown Prince Mohammed bin Salman in Abu Dhabi, ... more Photo: Hamad Al Kaabi, AP Photo: Hamad Al Kaabi, AP Image 1 of / 3 Caption Close Image 1 of 3 In this Wednesday, Nov. 27, 2019, photo released by Ministry of Presidential Affairs, Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan, right, meets Saudi Crown Prince Mohammed bin Salman in Abu Dhabi, United Arab Emirates. less In this Wednesday, Nov. 27, … [Read more...] about The prince got his world-beating IPO. Now the hard work begins
