Mexico Congress approves oil bill breaking 75-year monopoly
Mexico will end 75 years of government control of its vast oil reserves after Congress approved the nation’s most significant economic reform since the North American Free Trade Agreement.
U.S. stocks fluctuate on Fed bets after retail sales, jobs data
U.S. stocks fluctuated, after the Standard & Poor’s 500 Index had its biggest loss in a month, as investors weighed whether improving economic data will prompt the Federal Reserve to cut stimulus next week.
Stocks risk a bubble by pushing too high, too fast
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
VIX trader buys $5.1 million in calls to bet on 50% increase
An investor bought $5.12 million in call options that will be profitable if the Chicago Board Options Exchange Volatility Index jumps at least 50 percent in the next four months.
