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Wall Street Journal US BusinessMay 25, 2019
Wall Street Isn't Buying What Silicon Valley Is Selling
Venture capitalists who pumped billions into the largest startups bet that the stock market would embrace them too. Public investors have been less than charmed.

USA Today MoneyMay 25, 2019
5 ways to score a deal on a new car or SUV this Memorial Day
Here are five tips for finding a deal on a new car or SUV this Memorial Day weekend.        

Forbes HeadlinesMay 25, 2019
Huawei: Beijing Retaliates, New Cyber Law Could Block U.S. Technology From China
At the end of a nightmare week for Huawei, with its smartphone supply chain seeming to evaporate in the wake of U.S. sanctions coming into effect, Beijing has now hit back with its own proposed cybersecurity laws which could be used to restrict U.S. tech from being sold in China's vast marketplace.

Reuters BusinessMay 24, 2019
Wall Street Weekahead: Trade protection doesn't have to exclude growth stocks
The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.

RELATED ARTICLES
Will The Rekindled Trade War Cause Another Stock Market Crash? (Forbes Headlines)
US STOCKS-Wall St edges higher after Trump sparks U.S.-China trade hopes (Reuters Company News)

Reuters Company NewsMay 24, 2019
UPDATE 4-Defying Congress, Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE
U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan.

RELATED ARTICLES
Trump to clear $8bn Saudi weapons sale over Iran tensions - BBC News (Google Business News)

FT.com - Financial MarketsMay 24, 2019
Market jitters set to persist on trade war uncertainties
Investors wait for resolution to impasse between Washington and Beijing

The Motley FoolMay 24, 2019
Will Xilinx Survive the U.S.-China Trade War?
One of the hottest chip stocks out there is taking a breather.

RELATED ARTICLES
Is There Any Positive From The US-China Tech War? Maybe (Forbes Headlines)
Oil Markets Finally Succumb to US-China Trade Fears (Forbes Headlines)

Google Business NewsMay 24, 2019
Federal judge blocks Trump from using Defense funds for parts of border wall - CNN
Federal judge blocks Trump from using Defense funds for parts of border wall  CNNA Single Scandal Sums Up All of Trump's Failures  The AtlanticJudge partially blocks Trump border wall plan  POLITICO‘He always brings them up': Trump tries to steer border wall deal to North Dakota firm  The Washington PostTrump has pushed for border wall contract for a company whose top executive frequently appears on Fox News and donates to the GOP  Business InsiderView full coverage on Google News

Washington Post BusinessMay 24, 2019
Lone Republican stalls $19.1 billion worth of nationwide disaster aid
Rep. Chip Roy of Texas blocked the legislation, which has bipartisan support and President Trump's backing.

RELATED ARTICLES
SpaceX raises over $1 billion through two funding rounds - SpaceNews (Google Business News)

Reuters Company NewsMay 24, 2019
UPDATE 1-Gibson to load 225,000 bpd of Canadian crude-by-rail by summer's end - CEO
Canadian midstream company Gibson Energy is loading 60 unit trains per month at the Hardisty, Alberta, crude-by-rail terminal and that will rise to 90 trains per month by the end of the summer, Chief Executive Steve Spaulding said on Friday.

RELATED ARTICLES
Gibson to load 225,000 bpd of Canadian crude-by-rail by summer's end - CEO (Reuters Company News)
UPDATE 1-Barrick's offer for Acacia Mining reflects Tanzania risk -CEO (Reuters Company News)

SEC.gov Updates: News DigestMay 24, 2019
4 - BASTIANI RICHARD (0001202053) (Reporting)
2019-05-24 0001144204-19-028253 5 KB

RELATED ARTICLES
4 - Dixon Denmar John (0001461836) (Reporting) (SEC.gov Updates: News Digest)
4 - Bear Richard (0001762242) (Reporting) (SEC.gov Updates: News Digest)

Forbes HeadlinesMay 24, 2019
First American Financial Leaked 800-plus Million Sensitive Mortgage Documents
Sometimes a

Google Business NewsMay 24, 2019
First American says product defect could have caused customer data exposure - Reuters
First American says product defect could have caused customer data exposure  ReutersFirst American Financial Corp. Leaked Hundreds of Millions of Title Insurance Records  Krebs on Security885 Million Records Exposed Online: Bank Transactions, Social Security Numbers, and More  Gizmodo885 Million First American Financial Records Exposed Online  WIREDFirst American Financial exposed data in millions of mortgage documents, report says  USA TODAYView full coverage on Google News

RELATED ARTICLES
Security blog reports that First American left hundreds of millions of records exposed (Washington Post Business)

Washington Post BusinessMay 24, 2019
First American left hundreds of millions of records exposed, security blog reports
The leading mortgage settlement and title insurance firm left 885 millions customer records accessible on the web, including personal data such as Social Security numbers.

Google Business NewsMay 24, 2019
United Airlines will cancel more Boeing 737 Max flights - CNN
United Airlines will cancel more Boeing 737 Max flights  CNNEven if the FAA clears Boeing 737 Max jets to fly, Americans may not get on board  CBS NewsFAA Holds Summit On Boeing 737 Max, Says No 'Target' Date On A Fix | NBC Nightly News  NBC NewsBoeing Needs to Come up With Global Solutions for 737: Allied Pilots Association  BloombergEven if Boeing 737 Max jets are cleared to fly, Americans may not get on board  CBS This MorningView full coverage on Google News

Forbes HeadlinesMay 24, 2019
Artist Turns Facebook, Twitter, Google Into Video Game Characters
A 28-year-old Algerian artist has turned YouTube, Amazon, and Twitter into chilling video game characters.

RELATED ARTICLES
Facebook acknowledges Pelosi video is faked but declines to delete it (Washington Post Business)

Google Business NewsMay 24, 2019
MAX's Return to Flight Delayed by FAA's Reevaluation of Safety Procedures for Older 737 Models - The Wall Street Journal
MAX's Return to Flight Delayed by FAA's Reevaluation of Safety Procedures for Older 737 Models  The Wall Street JournalEven if Boeing 737 Max jets are cleared to fly, Americans may not get on board  CBS This MorningBoeing Needs to Come up With Global Solutions for 737: Allied Pilots Association  BloombergFAA Holds Summit On Boeing 737 Max, Says No 'Target' Date On A Fix | NBC Nightly News  NBC NewsUnited extends 737 Max cancellations through early August as Boeing plane remains grounded  CNBCView full coverage on Google News

MarketWatchMay 24, 2019
Market Snapshot: Stocks close higher but Dow logs longest weekly losing streak since 2011
U.S. stocks close higher Friday ahead of the long weekend as trade-war fears receded somewhat following reports President Donald Trump may ease up on restrictions against Huawei Technologies Inc. as part of a bigger trade deal with China.

Forbes HeadlinesMay 24, 2019
Dell Memorial Day Sale 2019: Best Deals
Dell is offering several outstanding tech deals at its online store. And this roundup will help you find the best options—all while saving thousands of dollars.

RELATED ARTICLES
The Best Memorial Day Deals On Bedroom Furniture At Wayfair, Walmart And Amazon (Forbes Headlines)

MarketWatchMay 24, 2019
Key Words: Death, taxes and flying a gigantic American flag: Camping World CEO is certain he's right in fight with city hall
Marcus Lemonis, chairman and CEO of Camping World, says despite lawsuit, he won't take down the 3,200-square-foot American flag that violates an ordinance in Statesville, N.C.

MarketWatch MarketPulseMay 24, 2019
Stock market ends higher ahead of Memorial Day holiday, but Dow logs longest weekly skid in 8 years
U.S. stock benchmarks closed out a woeful week for higher on Friday, heading into the Memorial Day holiday. Reports that President Donald Trump may ease restrictions against Huawei Technologies Inc. as part of a bigger trade deal with China, helped to fuel some modest levels of optimism. However, all three major benchmarks finished the week with sizable losses, and the Dow Jones Industrial Average marked its longest weekly losing streak since 2011. The Dow finished Friday trade up 95 points, or 0.4%, at 25,585, the S&P 500 index rose 0.1% to 2,826, while the Nasdaq Composite Index ended up 0.1% at 7,637. For the week, the Dow declined 0.7%, marking its fifth straight weekly slump. The S&P 500 finished the week 1.2% lower, while the Nasdaq closed 2.3% lower for the week. Both the S&P 500 and the Nasdaq marked their third consecutive weekly loss. On the economic front, orders for durable goods fell 2.1% in April, less severe than the 2.4% decline expected by economists polled by MarketWatch. Core durable orders, a key measure of business investment, also declined, by 0.9%, the first decrease in four months. U.S. markets will be closed on Monday for Memorial Day.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Oil rises more than 1% but sets biggest weekly loss of 2019 (Reuters Business)

Reuters BusinessMay 24, 2019
United Airlines extends cancellations of Boeing 737 MAX flights into August
United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, as the jetliner remains grounded following two fatal crashes.

Reuters Company NewsMay 24, 2019
UPDATE 9-Oil rises more than 1% but sets biggest weekly loss of 2019
* U.S. oil drillers cut rigs for third week in a row -Baker Hughes (Updates to settlement)

Forbes HeadlinesMay 24, 2019
Low-Tax States Are Adding Jobs 80% Faster Than High-Tax States Due To Trump's Tax Cut & SALT Cap
Job growth has been running 80% stronger in low-tax states than in high-tax states since the passage of the Tax Cuts and Jobs Act of 2017 in December 2017. Understanding why holds important lessons for policy, economics, and politics.

Reuters Company NewsMay 24, 2019
UPDATE 2-Global Payments nearing $20 bln deal to buy Total System - source
Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday.

RELATED ARTICLES
Global Payments could announce $20 billion deal for Total System Services on Tuesday: CNBC (MarketWatch MarketPulse)
Global Payments nears $20bn deal to buy Total System Services (FT.com - Financial Markets)

KiplingerMay 24, 2019
15 States With a "Marriage Penalty" in Their Tax Brackets
Of course, you marry for love...but the financial benefits of marriage are nice, too. Whether you're a newlywed or you've reached your golden anniversary, there are a number of money-saving advantages to being married: spousal Social Security benefits, lower insurance rates and the ability to contribute to your spouse's retirement savings, to name a few. But when it comes to federal and state taxes, there's a tax-law twist that can actually cost a married couple money--it's called the "marriage penalty."

A marriage penalty exists when a couple filing a joint return pays more income tax than they would if they were single. In its most common form, the possibility of a marriage penalty is triggered when, for any given tax bracket, the minimum taxable income for joint filers is less than twice the amount for single filers. As a result, when you combine each spouse's income on a joint return, it can push some of that income into a higher tax bracket. This happens most often when the spouses' incomes are similar. For example, two taxpayers each with $100,000 of taxable income in Minnesota would be in the 7.85% tax bracket and pay a total of about $15,700 in state income taxes if filing individually. But as a couple, their combined taxable income of $200,000 pushes them into the state's 9.85% tax bracket, where their total Minnesota income taxes will be about $19,700--a penalty of $4,000 for filing jointly. (A marriage penalty can also be caused by other imbalances in the tax law, such as standard deductions, exemptions or credit phase-out thresholds for married couples that are less than twice the amount for single filers.)

The tax-bracket marriage penalty isn't a huge problem on the federal level anymore. Thanks to the 2017 tax-reform law, only the top federal income tax bracket (37% rate) contains the marriage-penalty trap. However, the marriage penalty is alive and well in several states. So, before you tie the knot or plan on moving to a new state,


Reuters BusinessMay 24, 2019
Amazon facial recognition ban won just 2% of shareholder vote
Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed.

RELATED ARTICLES
UPDATE 2-Amazon facial recognition ban won just 2% of shareholder vote (Reuters Company News)
UPDATE 1-At Amazon, facial recognition ban won just 2% of shareholder vote (Reuters Company News)

Forbes HeadlinesMay 24, 2019
The Best Pre-Memorial Day Sales for Women's Fashion
It's time to shop Memorial Day sales from all your favorite websites! We know it's a couple days away, but we rounded up some of our favorite items from all of our favorite websites for you to shop right now!

The Motley FoolMay 24, 2019
Foot Locker Affirms Its Growth Outlook As Expenses Jump
The retailer is on track for another record revenue year in 2019.

RELATED ARTICLES
Why Foot Locker, Lions Gate Entertainment, and The Buckle Slumped Today (The Motley Fool)
Foot Locker Inc (FL) Q1 2019 Earnings Call Transcript (The Motley Fool)

MarketWatch MarketPulseMay 24, 2019
Foot Locker shares plummet after lackluster second-quarter guidance
Foot Locker Inc. stock plummeted more than 16% in Friday trading after the athletic retailer missed on first-quarter profit and sales and gave a lackluster look forward. Calling the second quarter "just sort of not very exciting," Foot Locker Chief Executive Richard Johnson also said changes to merchandise plans would make the period even more dull. "So, the biggest shift in the second quarter is related to products that we now know are shifting out of the quarter," he said, according to a FactSet transcript. "It's a very normal course of business that we have puts and takes." But analysts at Baird reacted to the "disappointing setback" by removing their "Fresh Pick" rating from Foot Locker stock and cutting the price target to $62 from $77. Still, Baird rates Foot Locker stock outperform. "While highly disappointed by the FQ1 update/outlook, we still think Foot Locker is well positioned to benefit from an improving footwear cycle (especially as a key differentiated partner for Nike) allowing for continued strong comps and improving margin visibility over the next several quarters," the note said. Meanwhile, competing athletic retailer Hibbett Sports Inc. stock soared 22.4% after better-than-expected quarterly results. Hibbett shares have gained 69.5% for the year to date. Foot Locker stock is down 18% for the period. And the S&P 500 index is up 12.8% for 2019 so far.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Market NewsMay 24, 2019
Gene Therapy Zolgensma Gains Approval In Spinal Muscular Atrophy Treatment; Novartis Stock Pops - Investor's Business Daily
Gene Therapy Zolgensma Gains Approval In Spinal Muscular Atrophy Treatment; Novartis Stock Pops  Investor's Business DailyThe US just approved a $2.1 million treatment for a devastating disease. It's the most expensive drug in the world.  Business InsiderAt $2M, priciest ever medicine treats fatal genetic disease  SF GateU.S. regulators approve most expensive medicine ever: $2.1 million to treat fatal disease in babies  CBS NewsAt $2.1M, Novartis gene therapy will be world's most expensive drug  STATView full coverage on Google News

CNBC BusinessMay 24, 2019
Shares of Foot Locker plummet, as earnings miss Wall Street estimates
The retailer is under pressure as shoe companies, like Nike, have worked to sell directly to its customers, bypassing retailers all together.

FT.com - Financial MarketsMay 24, 2019
Uber's inaugural chief executive quits board
Ryan Graves' departure signals first management shake-up since market listing

Forbes HeadlinesMay 24, 2019
Why Apple Still Has No Faith In Its New Fix Of The MacBook's Keyboard: Analysis
Atherton Research's Principal Analyst Jean Baptiste Su looks back at Apple's latest fix of the MacBook Pro 2019 "butterfly" keyboard and suggests a few remedies.

Wall Street Journal US BusinessMay 24, 2019
Uber's First Hired Employee, Ryan Graves, Is Leaving the Board
Ryan Graves, Uber Technologies Inc.'s first hired employee and one of its longest standing directors, is leaving the board two weeks after the company's initial public offering cemented his status as a paper billionaire.

Reuters Company NewsMay 24, 2019
Uber's first employee, Ryan Graves, resigns from board
Uber's first employee and one-time chief executive Ryan Graves will step down from the company's board of directors, Uber said on Friday.

Wall Street Journal US BusinessMay 24, 2019
Julia Angwin in Talks to Return to Tech News Site She Helped Found
Craigslist founder Craig Newmark is looking to bring back Julia Angwin as editor in chief of the Markup, weeks after her abrupt departure put the launch of the tech-oriented investigation website into question.

Reuters Company NewsMay 24, 2019
UPDATE 3-Defying Congress, Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE
U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan.

Google Business NewsMay 24, 2019
U.K.'s Theresa May Resigns Acknowledging Failure To Deliver Brexit - NPR
U.K.'s Theresa May Resigns Acknowledging Failure To Deliver Brexit  NPRTheresa May to Resign as UK Prime Minister  The New York TimesIn the annals of history, Theresa May will rank as a uniquely bad PM  Telegraph.co.ukThe Tories After Theresa May  The Wall Street JournalWhy history will be kinder to Theresa May than her critics | TheHill  The HillView full coverage on Google News

Google Market NewsMay 24, 2019
Many factors helped save lives in Jefferson City twister - Fox News
Many factors helped save lives in Jefferson City twister  Fox NewsMonster tornado that ripped 20-mile trail of destruction through Missouri capital was almost a mile wide  AccuWeather.comAmeren, Three Rivers work to restore power to Jefferson City  ABC17News.comJefferson City daycare building crumbles during tornado  krcgtv.comThe Latest: Tornado Touches Down Near Iowa City  U.S. News & World ReportView full coverage on Google News

Reuters BusinessMay 24, 2019
Wall St. edges higher after Trump sparks U.S.-China trade hopes
Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors.

Google Business NewsMay 24, 2019
Theresa May's Resignation Throws a Fractured Britain Into Further Turmoil - The New York Times
Theresa May's Resignation Throws a Fractured Britain Into Further Turmoil  The New York TimesUK PM Theresa May announces resignation amid fury over Brexit handling  Fox NewsTheresa May Resigns, Forever Stained by Brexit  The New YorkerWhy history will be kinder to Theresa May than her critics | TheHill  The HillTheresa May Meets Her Lonely End  The New York TimesView full coverage on Google News

Reuters Company NewsMay 24, 2019
UPDATE 2-Defying Congress, Trump sets massive arms sales to Saudis, UAE
U.S. President Donald Trump, saying there is a national emergency because of tensions with Iran, swept aside objections from Congress and cleared the sale of $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan.

Reuters Company NewsMay 24, 2019
CORRECTED-Huawei shipments could fall by up to a quarter this year - analysts
China's Huawei , hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.

Google Market NewsMay 24, 2019
Flour sold at ALDI recalled after 17 people in 8 states get sick - CNN
Flour sold at ALDI recalled after 17 people in 8 states get sick  CNNThe CDC and FDA are investigating the multistate outbreak of E. coli infections linked to flour.

View full coverage on Google News


Google Business NewsMay 24, 2019
LeBron James, Pau Gasol welcome Judy Seto back to the Lakers - Silver Screen and Roll
LeBron James, Pau Gasol welcome Judy Seto back to the Lakers  Silver Screen and Roll LeBron James steps up Kyrie Irving recruitment in bold Instagram move  New York Post Kawhi is the best player in the world, ahead of LeBron! - Max Kellerman | First Take  ESPNLeBron James earns record-tying 15th selection to All-NBA team  Los Angeles TimesLeBron James' Lakers recruiting begins in earnest with public appeal to Kyrie Irving  Yahoo SportsView full coverage on Google News

Google Business NewsMay 24, 2019
Judge partially blocks Trump border wall plan - POLITICO
Judge partially blocks Trump border wall plan  POLITICOHow a CEO's repeated appearances in conservative media might get him the border wall contract  The Washington PostA Single Scandal Sums Up All of Trump's Failures  The AtlanticJudge temporarily blocks Trump's border wall construction plans  Fox News‘He always brings them up': Trump tries to steer border wall deal to North Dakota firm  The Washington PostView full coverage on Google News

Google Business NewsMay 24, 2019
House Judiciary Chairman Nadler Nearly Faints at NYC Event | News 4 Now - NBC New York
House Judiciary Chairman Nadler Nearly Faints at NYC Event | News 4 Now  NBC New YorkPowerful Dem Chairman Jerry Nadler has health scare at New York event  Fox NewsJerry Nadler Recovering After Almost Fainting During Press Conference | NBC News  NBC NewsHouse Judiciary Chairman Nadler Falls Ill at Mayor de Blasio Event in Manhattan  NBC New YorkNadler reportedly 'OK' and 'responsive' after fainting scare  Fox NewsView full coverage on Google News

Google Business NewsMay 24, 2019
885 Million First American Financial Records Exposed Online - WIRED
885 Million First American Financial Records Exposed Online  WIREDFirst American Financial Corp. Leaked Hundreds of Millions of Title Insurance Records  Krebs on Security885 Million Records Exposed Online: Bank Transactions, Social Security Numbers, and More  GizmodoReal estate title insurance company exposed 885,000,000 customers' records, going back 16 years: bank statements, drivers' licenses, SSNs, and tax records  Boing BoingFirst American Financial exposed data in millions of mortgage documents, report says  USA TODAYView full coverage on Google News

Reuters BusinessMay 24, 2019
Musk's SpaceX raised over $1 billion in six months: filings
Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space.

Forbes HeadlinesMay 24, 2019
iOS 12.3.1 Released: Here's All You Need To Know About This Surprise Update
Just two weeks after the release of iOS 12.3, and with iOS 12.4 in beta, Apple has released a separate update. Here are the details.

MarketWatchMay 24, 2019
Market Snapshot: Hope gives way to worry as stock-market investors reassess U.S.-China trade fight
Expectations for a painless resolution of the U.S.-China trade fight is giving way to fears of a prolonged battle that could dent global growth.

RELATED ARTICLES
What investors can learn from ‘Jeopardy' phenom James Holzhauer (MarketWatch)

Google Business NewsMay 24, 2019
Why Trump is right to sidestep Congress on Saudi-UAE arms sales - Washington Examiner
Why Trump is right to sidestep Congress on Saudi-UAE arms sales  Washington ExaminerTrump approves massive arms deals to Saudi Arabia and UAE amid Iran tensions  CNBCTrump Officials Prepare to Bypass Congress to Sell Weapons to Gulf Nations  The New York TimesTrump to declare emergency to bypass Congress in Saudi arms deal: Report  Fox NewsTrump to sidestep Congress to clear arms deals benefiting Saudi Arabia, UAE  The Washington PostView full coverage on Google News

Google Market NewsMay 24, 2019
LeBron James steps up Kyrie Irving recruitment in bold Instagram move - New York Post
LeBron James steps up Kyrie Irving recruitment in bold Instagram move  New York Post Kawhi is the best player in the world, ahead of LeBron! - Max Kellerman | First Take  ESPNReport: LeBron James has started recruiting, reached out to Kawhi Leonard, Jimmy Butler  Yahoo SportsLos Angeles Lakers: Wanting LeBron James out of LA is laughable  LA Sports HubWill Kyrie Irving ‘Save The End' Of LeBron James' Career? Max Kellerman Explains  NESNView full coverage on Google News

MarketWatchMay 24, 2019
Futures Movers: Oil futures suffer worst weekly performance of the year
Oil futures settle higher Friday, recouping a small portion of recent losses, but a day after posting their biggest one-day loss since December, prices see their worst weekly performance of the year.

MarketWatch MarketPulseMay 24, 2019
U.S. oil prices finish higher, but post worst week of the year
U.S. oil futures finished higher Friday, recouping some of the losses they saw from a day earlier when they settled at a more than two-month low. Prices, however, also posted their worst weekly decline year to date. Traders continued to gauge the risk of an energy demand slowdown as the U.S. and China continue to grapple with their dispute on trade. "There was a violent repricing of risk on Thursday after the rather disappointing global Flash PMIs discounted the argument that solid growth will continue to underpin demand. And that, paired with ongoing trade war tensions led to the big declines" that left the market "to finish the week deep in the red," said Tyler Richey, co-editor at Sevens Report Research. July WTI oil rose 72 cents, or 1.2%, to settle at $58.63 a barrel on the New York Mercantile Exchange. After a 5.7% drop Thursday, front-month contract prices lost 6.8% for the week, according to Dow Jones Market Data.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsMay 24, 2019
One House Republican is holding up $19 billion in disaster aid funding - Vox.com
One House Republican is holding up $19 billion in disaster aid funding  Vox.comLone GOP rep blocks disaster aid bill in surprise move  Fox NewsDisaster relief bill stuck in the House following GOP lawmaker's objection  CNNTexas Republican holds up vote on disaster relief  The News HeraldA Single Republican Congressman Has Temporarily Blocked The $19 Billion Disaster Aide Bill | TIME  TIMEView full coverage on Google News

Reuters BusinessMay 24, 2019
Oil edges higher but set for biggest weekly loss of 2019
Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, pressured by rising inventories and worries about the global economy.

FT.com - China, Economy & TradeMay 24, 2019
Who's paying for the US-China trade war?
US consumers are feeling the pain.

Google Business NewsMay 24, 2019
Weapons worth $8B headed to Middle East over Congress' objections - POLITICO
Weapons worth $8B headed to Middle East over Congress' objections  POLITICOTrump invokes emergency powers to sidestep Congress and sell arms to Saudi Arabia  The IndependentTrump to declare emergency to bypass Congress in Saudi arms deal: Report  Fox NewsTrump's ‘Emergency' to Justify Saudi Arms Sales  BloombergWith Saudi arms deal, the president uses a Trumped-up emergency to sidestep Congress  Los Angeles TimesView full coverage on Google News

CNBC EconomyMay 23, 2019
Odds of a US-China trade deal are 'rapidly receding,' Stephen Roach warns
One of Wall Street's leading experts on China suggests the window is closing on a trade deal.

RELATED ARTICLES
Tech trapped in US-China trade war (FT.com - China, Economy & Trade)
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