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Oil bears closing of $600 mln triple-short fund bet seen adding to tumult

HOUSTON, Feb 4- This week's roller-coaster ride in the global crude oil market was likely fueled in part by the sudden liquidation of a $600 million leveraged fund bet on falling prices, market sources said on Wednesday. People start unwinding these positions because they think they have gotten their juice out of it, " David Nadig, vice president, director of...
Source: Reuters
Impulse buying can really damage your credit

Shopping without thinking has a steep price, as more than 50 percent of Americans spend at least $100 on impulse buys, according to CreditCards.com.
Source: CNBC.com | By: Krysia Lenzo
A 'cheap gas' rift that's alarming the markets

Debate over the 'cheap gas economic boost' question indicates just how unsure economists and investors are about the future.
Source: CNBC.com | By: Dina Gusovsky
Panicky sellers will be sorry: Schwab strategist

Amid dire calls for a stock crash or a recession, Charles Schwab's Liz Ann Sonders explains why the bull market will continue.
Source: CNBC.com | By: Jacob Pramuk
California marijuana growers face new crop of local bans

SACRAMENTO, Calif.— When the California Legislature passed the state's first comprehensive medical marijuana regulations in September, pot advocates hoped the move heralded a new era of trust in their often-tumultuous relationship with wary local officials and police. "Any other industry that created four months of seasonal labor and hundreds of...
Source: The Associated Press
GOP establishment moving a little closer to accepting Trump

DES MOINES, Iowa— Donald Trump and some mainstream Republicans are engaged in a long-distance flirtation. The GOP establishment is no fonder of Trump than when he first roiled the campaign last summer with his controversial comments about immigrants and women. Bob Dole, the 1996 Republican nominee who represented Kansas in the House and Senate for decades,...
Source: The Associated Press | By: By JILL COLVIN, JULIE PACE and STEVE PEOPLES, Associated Press
Two pros, top market concerns  

Discussing the biggest headwinds the U.S. market is facing, with Jim Lacamp, UBS senior portfolio manager, and Liz Ann Sonders, Charles Schwab & Co.
Source: CNBC.com
Shake Shack celebrates chicken sandwich at NYSE

Burger chain operator Shake Shack rang the opening bell at the New York Stock Exchange on Thursday, celebrating the debut of its chicken sandwich.
Source: CNBC.com | By: Althea Chang
Shake Shack makes big move into chicken

Shake Shack plans to launch its first ever chicken sandwich, the Chick'n Shack, nationwide on Thursday.
Source: CNBC.com | By: Katie Little
Futures market tumble shows U.S. oil will not reach $50 for 6.5 years

HOUSTON, Jan 12- Hopes for a recovery in oil prices evaporated further on Tuesday as long-dated futures contracts fell even more to show oil will stay stuck below $50 a barrel until 2022.. The December 2017 West Texas Intermediate futures contract slid by more than 3 percent, or $1.29 a barrel on Tuesday, to settle at $42.20 a barrel, while the December 2018 contract...
Source: Reuters | By: Liz Hampton