Business

Markets Right Now: Dow, S&P 500 open at record highs

Markets Right Now: Dow, S&P 500 open at record highs

While the French CAC 40 Index is just above the unchanged line, the German DAX Index is down by 0.2 percent and the U.K.'s FTSE 100 Index is down by 0.5 percent. Oil prices soared, rising more than 6 percent, as non-OPEC producers including Russian Federation agreed to cut production by 558,000 barrels per day next year.


The sectors expected to hire in Singapore Q1 2017

The sectors expected to hire in Singapore Q1 2017

The employers in the Electricity, Gas and Water Supply sector also report a negative Net Employment Outlook, of -2%. The percentage of local employers planning to hire additional employees during the January-to-March quarter exceeds those planning cutbacks by 12 percentage points, with 17 percent expecting to add staff and 5 percent anticipating reductions.


With Fed Expected to Hike, Attention Turns to What It Says

With Fed Expected to Hike, Attention Turns to What It Says

But the real anticipation revolves around how the central bank plans to respond to the political tsunami that voters have delivered with the election of Donald Trump. As a result, when the Fed updates its quarterly forecasts Wednesday , it may indicate little change from its most recent projections in September.



Teen Use of Alcohol and Drugs (Except Pot) Drops

The report also found that the use of illegal drugs among students is at its lowest since 19-75. A large drop in the use of tobacco cigarettes was seen in all three grades. Among the 18- to 24-year-old group, rates are rising. This is a class of drugs that can cause a serious case of addiction. The survey began to track e-cigarettes for the first time a year ago.


Temple close to make Florida's Collins head coach

Temple close to make Florida's Collins head coach

Collins, 45, succeeds Matt Rhule, who left North Philly last week to take the same position at Baylor. "It should be", UF head coach Jim McElwain said last week. Collins will lead a program that plays in the National Football League stadium Lincoln Financial Field. The $126 million plan has generated controversy since February, when Temple's board of trustees approved a feasibility study, hired architects and tore down apartments on university land near campus.


Non-OPEC oil producers to cut output 558000 barrels a day

Non-OPEC oil producers to cut output 558000 barrels a day

Brent crude, the global benchmark for oil prices, soared to $57.89 per barrel in overnight trading between Sunday and Monday, the highest level since July 2015. The minister welcomed the agreement on the oil production reduction and hailed Russia's commitment to the deal. Russian Federation had already signalled it would provide half of that production cut in the first half of 2017.