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Oil leaps 9% as OPEC agrees to cut output

The OPEC meeting in Vienna that traders and analysts have keenly been discussing, fretting over and awaiting for months is finally kicking off this morning.

The issue is simple: Will the 14 cartel members agree on measures to freeze or cut oil production in a bid to stabilize the struggling market?

The organization in late September agreed on an accord to target production between 32.5 million and 33 million barrels a day, effectively pointing to a production cut from current levels around 33.83 million barrels a day in October. The finals details and implementation plans are what’s supposed to be hashed out today. More




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10 companies totally blow away profit targets


Investors don't usually like surprises. But this earnings season has been loaded with the kind they love: Better-than-expected profits!

There are 10 companies in the Standard & Poor's 500 index, including video-streamer Netflix (NFLX), Nike (NKE) and Goldman Sachs (GS) that not only topped third-quarter profit forecasts, but smashed past them by 25% or more, according to a USA TODAY analysis of data from S&P Global Market Intelligence. More



How a ‘twist’ by the Bank of Japan could upstage the Fed


The Bank of Japan could end up stealing Janet Yellen’s thunder on Wednesday.
While shifting expectations for the two-day meeting of Federal Reserve’s rate-setting Open Market Committee that ends on Sept. 21 has remained the primary driver for U.S. financial markets, it’s the news that will come out of Tokyo a few hours earlier that could be equally, if not more, important to asset prices next week. More



Oil tries to claw out of a hole, but still set for worst week since January


Crude-oil futures on Friday climbed, attempting to recover from a three-week low, but nagging oversupply concerns and a stronger greenback has put the commodity in position to post the worst week since January. Renewed hopes of a global pact to freeze output and stabilize prizes helped futures to regain some ground lost during Thursday’s session, which saw crude tumble more than 3%.

In an interview with Bloomberg, out on Friday, Russian President Vladimir Putin urged oil-producing nations to agree on a production cap at a meeting in Algeria later this month, saying “it was the right decision for world energy.” His statements follow a number. The meeting is set for Sept. 26-28. More



How Pokémon Go could save the shopping mall


It used to be you’d go to the shopping mall to go to the arcade, but what if the shopping mall itself became the new arcade?

As online shopping has become the new normal with the rise of such giants like Amazon.com Inc. AMZN, traditional brick-and-mortar retailers and the shopping malls that depend on them to pay rents have suffered greatly from reduced traffic.

That’s why those traditional brick-and-mortar retailers need to embrace the recent phenomenon of Pokémon Go to bring potential shoppers back into the malls, according to a note from Cowen & Co analyst Oliver Chen. More



These 4 charts show how markets are being held hostage by Brexit fears


Financial markets have been on a roller-coaster ride in recent weeks — and four new charts show just how they have been trading at the mercy of the newest Brexit polls and betting odds.

Investors have been fretting about what will happen when the U.K. votes on the country’s future relationship with the EU, trying to get in a good position with the outcome uncertain, analysts at Deutsche Bank said in a note on Tuesday.

“The June 23 U.K. referendum has been the dominant theme for markets, with shifts in opinion polls and betting odds leading to sharp swings in asset prices,” the analysts wrote. More



VIDEO: Three Feet from Gold: Turn Your Obstacles in Opportunities

A fresh, modern look at the core theme of Napoleon Hill's revolutionary best seller. In this inspiring contemporary fable, a young writer sets out to interview business leaders and other influential figures about the importance of persistence in attaining your goals. Sharon L. Lechter, visits with Kurt Schemers on Traders Nation®. SEE IT NOW>>



BAHAHAHA Moment of the Week - Thank you very much!
Obama Administration Has History of Scrubbing Allah from Transcripts
The release of the text of Orlando terrorist shooter Omar Mateen’s 9-1-1 call is not the first time the Obama administration purportedly scrubbed “Allah” from a transcript. More




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Three Feet from Gold: Turn Your Obstacles in Opportunities
A fresh, modern look at the core theme of Napoleon Hill's revolutionary best seller. In this inspiring contemporary fable, a young writer sets out to interview business leaders and other influential figures about the importance of persistence in attaining your goals. Sharon L. Lechter, visits with Kurt Schemers on Traders Nation®.
Broadcast Interview


The Four Pillars of Profit-Driven Marketing: How to Maximize Creativity, Accountability, and ROI
Each year, billions of dollars are spent on marketing endeavors. Unfortunately, the vast majority of the money disappears into thin air, and marketing executives are left wondering if any of it came back in the form of ROI. Why? Because until now there has been no proven system for measuring marketing ROI. Leslie Moeller visits with Kurt Schemers
Broadcast Interview

Rethink: A Business Manifesto for Cutting Costs and Boosting Innovation
It's a totally human condition, a trap that ensnares virtually everyone. Just as when we tie a route to a destination so much so that when someone else takes a different route "why are we going this way?" it usually doesn't matter "how" you get there. This "how" trap also takes place at work, people intertwine "how" they do their job with the outcome of "what" they are doing that sometimes obvious decisions are masked, and missed. Ric Merrifields visits with Kurt Schemers on Traders Nation®.
Broadcast Interview

The Real Truth about Success
Wynn helps you discover your own personal advantage so you can stack the cards in your favor. visits with Garrison Wynn Kurt Schemers on Traders Nation®.
Broadcast Interview

Keeping The Millennials
How to attract, retain, and get the most from Generation Y employees A growing problem for many of today's businesses is the high turnover rate of Generation Y employees, also known as Millennials.
Broadcast Interview

The Next Evolution of Marketing
Find out what has changed about todays consumer that makes meaningful marketing more relevant...
Broadcast Interview

How to Be Useful: A Beginner's Guide to Not Hating Work
Megan Hustad dismantles the myths of getting ahead and helps you navigate the murky waters of office life. Humorous yet wise, irreverent yet marvelously practical, this book will help you learn. Megan Hustad visits with Kurt Schemers of Traders Nation®
Broadcast Interview

Collaboration
In Collaboration, author Morten Hansen takes aim at what many leaders inherently know: in today's competitive environment, companywide collaboration is an imperative for successful strategy execution, yet the sought-after synergies are rarely, if ever, realized. Morten Hansen visits with Kurt Schemers on Traders Nation®.
Broadcast Interview

Power of Who: You Already Know Everyone You Need to Know
Bob Beaudine believes Networking is not working for Americans any longer. This highly respected and well-connected head hunter shares his philosophy on what really works in identifying what your dream in life is and how to get it. Bob Beaudine visits with Kurt Schemers on Traders Nation®.
Broadcast Interview