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11:20 a.m. Aug. 26, 2020 - By Myra P. Saefong
U.S. oil prices hold ground at highest since March as Hurricane Laura curtails Gulf output U.S. crude supplies fall a fifth straight weekOil futures settle on a mixed note Wednesday, with U.S. prices holding ground at their highest finish since early March but global benchmark prices slightly lower, as the U.S. Gulf Coast braces for Hurricane Laura and potential damage to the region’s energy infrastructure.
4:38 a.m. Aug. 26, 2020 - By Steve Goldstein
Stocks will head higher until there’s a reason, besides COVID-19, to stop, one analyst says “For anyone who possesses an ounce of reason, it is clear that what the market is doing is simply following the path of least resistance,” one analyst says.
1:04 a.m. Aug. 26, 2020 - By Steve Goldstein
'Life-threatening' Hurricane Laura to strengthen into category-four: NHCHurricane Laura is expected to strengthen into a category 4 hurricane, the National Hurricane Center said. It is forecast to produce a "life-threatening" storm surge, extreme winds and flash floods over Eastern Texas and Louisiana later on Wednesday.
7:20 a.m. July 11, 2020 - By William Watts
Why ‘safe haven’ gold and the stock market are now moving the same direction Negative real yields mean opportunity cost of holding gold vanishes, analysts noteGold is traditionally thought of as a haven asset — a safe port in a storm. But that hasn’t stopped it from rising to a near nine-year high, and within striking distance of its record, even as equities and other assets traditionally viewed as risky remain buoyant.
9:59 a.m. June 17, 2020 - By Myra P. Saefong
Gold ends with a loss as the U.S. dollar strengthens, global stocks riseGold prices retreat on Wednesday to post a modest loss as the dollar strengthens and stocks across the globe mostly advanced, suggesting some waning appetite for bullion.
6:38 a.m. April 29, 2020 - Associated Press
Battered by floods, U.S. river communities try new remedies Floods in the Missouri, Mississippi and Arkansas river basins caused $20 billion in damage in 2019, the second-wettest year on recordHollywood Beach Road was once such prime real estate that the neighborhood had its own airstrip, enabling well-heeled residents to zip back and forth between homes in nearby St. Louis and weekend cottages on the Meramec River in suburban Arnold, Missouri.
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