CCN.com Breaking Market & Gaming News for The U.S. Millennials

  • Dow Futures Collapse on Threat of More Devastating Oil Attacks
    by Ben Brown on September 16, 2019 at 9:55 am

    Dow Jones Industrial Average (DJIA) futures collapsed in early trading Monday after drone strikes in Saudi Arabia devastated the oil market. Two attacks on Saudi oil sites triggered a 17% rise in the oil price and a knock-on effect on global stock markets.  But if reports out of Yemen are to believed, the damage isn’t […] The post Dow Futures Collapse on Threat of More Devastating Oil Attacks appeared first on CCN.com […]

  • Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal
    by Joseph Young on September 16, 2019 at 9:36 am

    This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks. China, the biggest […] The post Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal appeared first on CCN.com […]

  • Facebook Crypto Libra Faces Grilling From 26 Central Banks Today
    by Yashu Gola on September 16, 2019 at 8:36 am

    Facebook is set to go through another round of extreme questioning as it goes ahead with the plans to launch its controversial cryptocurrency Libra. The tech giant will face representatives of twenty-six central banks, including the Federal Reserve and the European Central Bank (ECB, in Basel, Switzerland, on Monday. The high-profile interaction would see global […] The post Facebook Crypto Libra Faces Grilling From 26 Central Banks Today appeared first on CCN.com […]

  • Chinese Stocks Tumble After Disastrous Industrial Production Data
    by Sam Bourgi on September 16, 2019 at 2:47 am

    Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers. Chinese Stocks Decline Mainland China’s Shanghai Shenzhen CSI 300 Index declined by as much as 0.5% at the start of the new […] The post Chinese Stocks Tumble After Disastrous Industrial Production Data appeared first on CCN.com […]

  • Oil Prices See Unprecedented Surge Following Devastating Drone Attacks on Saudi Production Fields
    by Sam Bourgi on September 15, 2019 at 11:07 pm

    Oil prices skyrocketed in early futures trading on Monday, as Saudi Arabia rushed to restore lost output following a weekend attack on the kingdom’s production fields. The attack, which was claimed by Yemen’s Houthi rebels, is considered a game-changer in Saudi Arabia’s multi-year effort to rein in its opponents to the south. It also brings […] The post Oil Prices See Unprecedented Surge Following Devastating Drone Attacks on Saudi Production Fields appeared first on CCN.com […]