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APPAREL STORE OPENS TODAY

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  • Why the US won't have OPEC to kick around in 2016
    U.S. elections have long featured a familiar whipping post. Thanks to the energy boom, however, it's one that may not play a role in 2016.
  • Apple is no bellwether for the market
    It’s the biggest stock in the world, but don’t call it a bellwether. Apple is worth more than any company in history, at more than $750 billion.
  • Deflation? Oil's 45 pct rebound could be markets' next headache
    Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January. Since then, Brent crude futures have risen 45 percent. These measures have ranged from interest rate cuts to bond-buying "quantitative easing" programmes. All have been in response to the fall in inflation rates and inflation expectations driven by the 60 percent collapse in oil prices over the latter part of last year.

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