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Monthly Archives: January 2018

U.S. Reaches Oil-Output Milestone Months Earlier Than Expected

By U.S. oil production is gaining faster than expected as the country races to challenge giants Russia and Saudi Arabia. Output topped 10 million barrels a day in November, reaching the highest level since 1970 and beating government forecasts by several months, according to data Wednesday from the Energy Information Administration. The agency previously predicted…

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GE’s Century on the Dow Nears End

General Electric, an original and steadfast component of the Dow Jones Industrial Average for over 110 years, may get the boot. Deutsche Bank analyst John Inch wrote in a note to clients that the illustrious index could remove the manufacturing conglomerate as its challenges accumulate. GE’s troubles are myriad, with pressure on earnings and cash,…

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Depriving the brain of a sense may improve stroke recovery

The brain can rewire itselfDescription:ZEPHYR/SCIENCE PHOTO LIBRARY By Jessica Hamzelou Recovery from a stroke is unpredictable and can take months. But research in mice suggests that blocking off some functions of the brain can help it rewire itself to work around stroke damage. Jin-Moo Lee, of Washington University, St Louis, and his team have found…

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Here’s what changed in the new Fed statement

This is a comparison of Wednesday's FOMC statement with the one issued after the Fed's previous policymaking meeting on December 12. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears…

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