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Is the US rapidly turning into an oil economy

The oil market has changed a lot over the past decade. Here, for example, is the latest data on US imports and exports of crude oil and petroleum products, released by the Energy Information Administration at the end of last month: The US has gone from a big-time net importer of oil to a small-time one. The latest base-case forecast ...

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Tesla proves most lucrative, least volatile auto stock

Tesla proves most lucrative, least volatile auto stock copy

Nikola Tesla electrified the world in the 19th century when he created the alternating-current motor and anticipated 21st century mass communication with his work on wireless transmission of voices, images and moving pictures. Unlike the Serbian-American inventor who died destitute at 86 in 1943, his namesake Tesla Inc. is so esteemed eight years after becoming a public company that its ...

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Indonesian central bank’s tough love won’t crisis-proof its currency

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Just how worried are emerging markets about the dollar? We’ll find out in Jakarta. Bank Indonesia is expected to hold its key rate unchanged at 5.25 percent, having preemptively lifted rates by 1 percentage points in May and June to buy itself some insurance against the stronger dollar. The Turkish lira’s meltdown over the last week may have changed Governor ...

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