ECONOMIA

Rising Gas Prices Are Coming For All Of Us After Harvey

Rising Gas Prices Are Coming For All Of Us After Harvey The price for West Texas Intermediate, the US benchmark for the price of oil, was down 0.95 percent to $46 per barrel as of 9:15 a.m. EDT. USA gasoline futures surged 4 percent to settle at their highest in more than two years. "Yesterday, the anxiety over Harvey reached a crescendo", said John Kilduff, partner at energy hedge fund Again Capital LLC. Motiva Enterprises said it will reduce th... Continua a leggere...

City paid almost $73000 in spousal benefits to dead woman

City paid almost $73000 in spousal benefits to dead woman She died in 1997 but continued to receive payments until June of a year ago, the Delaware News-Journal reports. According to a city audit obtained by the newspaper, the unnamed pensioner received spousal benefits from June 1974 until she died in November 1997. Continua a leggere...

India's former cenbank head says had cautioned govt on demonetization

India's former cenbank head says had cautioned govt on demonetization Rajan now teaches economics at University of Chicago. Although there might be long-term benefits, he felt the likely short-term economic costs would outweigh them. This means that only 1.4% of the old Rs 1000 notes have not come back. This figure excludes the currency held in Nepal and at district co-operative banks. Continua a leggere...

Gas Prices Rise, As Expected, Post-Harvey

Gas Prices Rise, As Expected, Post-Harvey Current gas prices across Texoma range from $2.09 to $2.20. "We are selling it just to cover the cost of what it cost us to buy it", said Fernandez. "We do expect gas prices to continue increasing upwards of 10 to 20 cents", Casselano said. "We expect the national average to top $2.60 a gallon". Continua a leggere...

North Korea's belligerent stand could spark large-scale conflict, warns Putin

North Korea's belligerent stand could spark large-scale conflict, warns Putin Defense Secretary on Wednesday sought to downplay President Trump's earlier assertion that seemed to rule out a diplomatic solution to North Korea's ongoing missile tests. Tensions on the Korean peninsula have been high since last month when North Korea threatened to launch missiles into the sea near the strategically located U.S. Continua a leggere...

The aftermath of Hurricane Harvey raises gas prices nationwide

The aftermath of Hurricane Harvey raises gas prices nationwide With the pipelines closed, global benchmark Brent gained 0.4 percent to $52.55 a barrel, while West Texas Intermediate (WTI) was down by 0.8 percent to $47.42. Shipments of gasoline by pipeline out of southeast Texas will be reduced, which means that areas along the Atlantic coast and in the Midwest that normally receive these supplies will have to buy from Europe, Africa or Canada, driving up cos... Continua a leggere...

Oil Slips After Harvey Floods US Refineries

Oil Slips After Harvey Floods US Refineries Harvey, downgraded to a tropical storm and losing steam as it moved inland, killed more than 40 people and brought record flooding that shut at least 4.4 million barrels per day (bpd) of refining capacity. EIA also said that distillate stockpiles, which include diesel and heating oil , were up by 748,000 barrels, versus expectations for a 846,000-barrel decline. Continua a leggere...

Oil prices going down

Oil prices going down It now is at 679 million barrels. As Harvey moved across the Southeast U.S. and weakened to a tropical depression, investors were also eyeing the potential for future disruption from a fresh storm brewing in the Atlantic Ocean. "This impact is starting in Texas, where the average price for unleaded gas has already jumped up two cents since Tuesday (Aug. 22) to $2.15/gallon". Continua a leggere...

Harvey triggers gasoline-price surge just in time for Labor Day

Harvey triggers gasoline-price surge just in time for Labor Day Georgia prices jumped almost 12 cents overnight and are up about 29 cents for the week. The Labor Day holiday, which falls on September 4 this year, is popularly considered to mark the end of summer, and fuel demand typically drops as Americans return to work and school, pressuring prices. Continua a leggere...

Governor Rauner asks for federal assistance for flood victims

Governor Rauner asks for federal assistance for flood victims Bruce Rauner asked for federal assistance Friday. Many including Chicago schools will get a lot more. Earlier this month, the Republican governor used an amendatory veto to extensively rewrite a previous school funding formula bill passed by the Democratic-controlled legislature in May, saying it unfairly bailed out the Chicago Public Schools (CPS). Continua a leggere...

General Motors Company (NYSE:GM) Bounding Higher 4.94% This Week

General Motors Company (NYSE:GM) Bounding Higher 4.94% This Week Waldron LP now owns 8,132 shares of the auto manufacturer's stock worth $287,000 after buying an additional 975 shares in the last quarter. Candriam Luxembourg S.C.A. This represents a $1.52 annualized dividend and a yield of 4.07%. The ex-dividend date was Thursday the 20th of July 2017. Farmers & Merchants reported 0% in Ford Motor Company (NYSE:F). Continua a leggere...

Gas prices are still climbing, now up 24 cents since Harvey

Gas prices are still climbing, now up 24 cents since Harvey Pump prices were at $2.59 a gallon on Saturday, according to motorists advocacy group AAA , up 3 percent from Friday and 16.7 percent higher on average than a year ago. But a portion of that is now being restored. " Hurricane Harvey has significantly impacted the entire Texas gulf coast with the petroleum refining centers of Corpus Christi, Houston , Port Arthur, Beaumont, and Lake Charles, L... Continua a leggere...

Brussels airport evacuated passengers of the plane because of a bomb threat

Brussels airport evacuated passengers of the plane because of a bomb threat As per the federal police spokesperson Peter De Waele , the captain of the flight refused to accommodate the nine men in the flight post incident. "One of them was a foolish joker and called "Allahu Akbar", " Waele added. One of the men at least will face prosecution as it is an offence to cause a false bomb scare. A Ryanair spokesman told Mail Online : "The crew of this flight from Brussels t... Continua a leggere...

Texas drivers rush to fill gas tanks as pump prices rise

Texas drivers rush to fill gas tanks as pump prices rise The pipeline provides roughly 40 percent of the Southeast's gasoline. Motiva's massive Port Arthur refinery, the largest in the U.S . "But by mid-September, we believe prices will start to drop and alleviate some of the pressure on consumers' wallets". Continua a leggere...

Scout Investments Inc. Lowers Stake in American Eagle Outfitters, Inc. (AEO)

It is down 31.50% since August 31, 2016 and is downtrending. It has underperformed by 48.20% the S&P500.The move comes after 6 months positive chart setup for the $2.16 billion company. In the most updated research from a number of analysts on Wall Street, the company gets 21 Buys and 0 Sell among 30 analysts. Wunderlich has "Buy" rating and $22 target. Continua a leggere...

Honda to pay $605 million to settle Takata air bag lawsuit

Honda to pay $605 million to settle Takata air bag lawsuit Honda joins Nissan, Toyota, BMW (EUREX: BMWE.EX - news ), Mazda (BSE: MAZDALTD.BO - news) and Subaru in agreeing a deal to settle a lawsuit, replace the defective airbags from now-bankrupt Takata, and to compensate auto owners. Honda said the settlement covers 11.4 million vehicles now under recall and 5.1 million more vehicles that may be recalled later. Last month, Nissan Motor Co 7201.T agre... Continua a leggere...

Could Hurricane Harvey impact South Florida's homeowner insurance rates?

Could Hurricane Harvey impact South Florida's homeowner insurance rates? Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was uneconomic for the private sector, especially in places such as the hurricane-prone Gulf of Mexico. Continua a leggere...

FEMA Warns Harvey Victims about Scammers

FEMA Warns Harvey Victims about Scammers That's according to an Associated Press analysis of federal flood insurance data. It slammed Rockport, Texas as a Category 4 storm when it came ashore last Friday - but was downgraded to a tropical storm by mid-Saturday. But in the Houston area, which bore the brunt of Harvey, many residents didn't have the flood coverage and could have to dip into savings to pay for repairs. Continua a leggere...

Flood Insurance: Do you need it?

Flood Insurance: Do you need it? Ware Wendell, director of Texas Watch, a consumer advocacy group specializing in insurance issues, said a "man-made catastrophe" could quickly follow the natural catastrophe that struck the Coastal Bend, Houston and the Upper Texas Gulf Coast during Harvey . Continua a leggere...

Majority of Harvey victims do not have flood insurance

Majority of Harvey victims do not have flood insurance She figured she could put the $450 annual premium, due next week, to another use. The NFIP is already deeply in debt and likely will have to be bailed out again by USA taxpayers, as it was after Katrina, to cover the bill for flood damage claims from Harvey . Continua a leggere...


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