June 2018 – Page 129

Oil falls 2 percent, U.S. crude hits lowest since early April

June 4, 2018 admin Comments Off

Oil prices fell about 2 percent on Monday, with U.S. crude touching its lowest level in nearly two months, breaking below technical support levels as investors kept selling amid growing U.S. production, possible global supply growth and nagging trade tensions. “We are breaking key levels of support now,” said Phillip Streible, analyst at RJO Futures in Chicago. OPEC ministers from Saudi Arabia, the United Arab Emirates, Kuwait and Algeria, along with their counterpart from non-OPEC Oman, met unofficially in Kuwait on Saturday. …read more […]

Apple just made Apple Watch a lot smarter for runners

June 4, 2018 admin Comments Off

Apple’s new Apple Watch interface makes the device more useful for runners — and integrates shortcuts to make Siri better. …read more […]

Mueller probe is attacking the fundamentals of US government: Rep. Biggs

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Rep. Andy Biggs (R-Ariz.) discusses the problems with special counsel Robert Mueller’s Russia investigation. …read more […]

SEC fines New York firm deVere $8 million over UK pension advice conflicts

June 4, 2018 admin Comments Off

NEW YORK (Reuters) – The New York investment adviser deVere USA Inc agreed on Monday to pay an $8 million civil fine to settle U.S. Securities and Exchange Commission charges it failed to disclose conflicts of interest to hundreds of clients with UK pensions.

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The Latest: Guatemala volcano death toll rises to 62

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The known death toll for the eruption of Guatemala’s Volcano of Fire has taken a sudden jump upward. The director of Guatemala’s National Institute of Forensic Science says that 62 bodies have been recovered following the eruption. The bodies were recovered in the hamlets of Los Lotes and El Rodeo. …read more […]

With maple syrup tariff, Canada-U.S. trade dispute spills beyond metals

June 4, 2018 admin Comments Off

TORONTO (Reuters) – Canada’s retaliation against U.S. President Donald Trump’s steel and aluminum tariffs includes proposed duties on maple syrup, a nod to a national symbol and a powerful industry in the French-speaking province of Quebec that could hurt producers in Maine.

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Technology rally helps Wall Street push higher

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New York (Reuters) – Technology stocks led the market higher on Monday as Apple and Microsoft boosted the sector after the iPhone maker kicked off its annual developers conference and the Windows software maker announced an acquisition.

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Apple’s new phone software speeds up older devices

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SAN JOSE (Reuters) – Apple Inc on Monday unveiled the latest version of its operating system for the iPhone and iPad, iOS 12, saying it would make older devices such as the iPhone 6 work better.

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Apple introduces watchOS 5

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Kevin Lynch from the watchOS team introduced the next version of watchOS at …read more […]

Exclusive: ConocoPhillips prepares to sell stake in Canada’s Cenovus – sources

June 4, 2018 admin Comments Off

TORONTO/NEW YORK (Reuters) – ConocoPhillips is preparing to offload its stake in Cenovus Energy Inc that it acquired as part of an asset sale to the Canadian oil and gas producer last year, people familiar with the matter told Reuters.

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Apple Watch gets Walkie-Talkie mode

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At Apple’s annual developer conference today, the company showed off a new …read more […]

Tech rally fuels Nasdaq to near record levels

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(Reuters) – Apple and Microsoft led a rally in technology stocks on Monday, driving U.S. stocks higher, after the iPhone maker kicked off its annual developers conference and the Windows software maker snagged a popular coding website.

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Apple says CarPlay will now support third party navigation and mapping apps

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Big news for CarPlay, Apple’s in-car service that lets a vehicle’s display …read more […]

The Greatest Short-Term Threat to Stocks

June 4, 2018 admin Comments Off

Editor’s Note: Don’t worry, I’m not offended. But I am a surprised no one wrote me last week.

After all, I’d promised some “big news” regarding your free Investment U subscription after Memorial Day.

Next Monday, June 11… the look, feel and name of your daily e-letter will be transformed.

Oh, it’ll still be free. But the mission behind our nearly 20-year-old Investment U e-letter has evolved… along with your needs.

Chief Investment Strategist Alexander Green and ETF Strategist Nicholas Vardy strive to do more than educate you about investing and leave you to fend off the wolves of Wall Street.

Rather, they want you …read more […]

SocGen agrees to more than $1 billion in fines over Libya, Libor probes

June 4, 2018 admin Comments Off

PARIS/NEW YORK (Reuters) – French bank Societe Generale will pay more than $1 billion to resolve criminal and civil charges in the United States and France for bribing Gaddafi-era Libyan officials and manipulating the Libor interest rate benchmark, U.S. authorities said on Monday.

…read more […]