This is what the Iran deal means for oil
Oil took a tumble after a historic nuclear deal between Iran and six major powers was signed. But analysts warn prices could stay lower.
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At 20, Amazon Continues to Defy Predictions
You’ve got to hand it to Steve Ballmer. “They make no money, Charlie,” Ballmer said. Until that day, Amazon stock was down 27 percent on the year as investors worried about slowing growth and its inability to make money.
Wal-Mart sued over denying health insurance to gay worker's wife
A Wal-Mart Stores Inc employee sued the retailer on Tuesday, saying its prior policy of denying health insurance benefits to the spouses of gay employees violated gender discrimination laws.
Greek leader faces outrage at home over rescue deal 'coup'
Prime Minister Alexis Tsipras faced open revolt from some of his own ministers as he sought support Tuesday for a bailout deal that, while saving the country from financial collapse, would cause years …
Iran gears up for trade and investment boom that could reshape region
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted. With just under 80 million people and annual output of some $400 billion, Iran is set to be the biggest economy to rejoin the global trading and financial system since the break-up of
US business stockpiles rise in May
U.S. businesses added to their stockpiles in May, while sales rose for a third straight month. Business stockpiles in May edged up 0.3 percent from the previous month on a seasonally adjusted basis, the …
US retail sales fall in June as consumers stay cautious
Americans cut back their spending at stores and restaurants last month, a sign that they remain cautious despite robust job growth in the past year. Retail sales fell 0.3 percent in June, the Commerce …
Greece needs debt relief far beyond EU plans: secret IMF report
The updated debt sustainability analysis (DSA) was sent to euro zone governments late on Monday, hours after Athens and its 18 partners agreed in principle to open negotiations on a third bailout programme of up to 86 billion euros in return for tougher austerity measures and structural reforms. “The dramatic deterioration in debt sustainability points to the need for debt relief on a scale that would need to go well
Actor Jesse Eisenberg compares Comic-Con to genocide
LOS ANGELES (AP) — Jesse Eisenberg’s Comic-Con experience apparently wasn’t a joy.
Plan to sell off NYC Opera's name is withdrawn
NEW YORK (AP) — A plan to sell off the New York City Opera’s name and other assets has been withdrawn.