Commodities

Oil prices dip on stronger dollar

Oil prices dipped on Friday as the U.S. dollar strengthened, although OPEC-led supply cuts are seen supporting markets going into next year.

Business Highlights

___ Bitcoin soars then falls back; banks raise risk concerns NEW YORK (AP) — The price of bitcoin is swinging wildly Thursday, rising to more than $19,000 only to fall sharply minutes afterward.

Business Highlights

___ Senate Republicans barrel toward sweeping tax overhaul WASHINGTON (AP) — The Senate is barreling toward the most sweeping rewrite of the tax code in more than three decades.

Oil settles at two-week low on surprise U.S. fuel stock rise

U.S. crude on Wednesday slid nearly 3 percent on Wednesday, its biggest daily decline in more than two months, after a sharp rise in U.S. inventories of refined fuel suggested demand may be flagging, while U.S. crude production hit another weekly record.

Global shares down as US economy takes center stage

Asian share benchmarks skidded Wednesday, tracking Wall Street's overnight decline after another afternoon fizzle for stocks that left the Standard & Poor's 500 index with its third straight loss.

Business Highlights

___ Then and now: Why 1986 tax bill was everything 2017's isn't WASHINGTON (AP) — The Tax Reform Act of 1986 was the product of a year and a half of spirited deliberations.

Business Highlights

___ $69B Aetna bid pushes CVS deeper into consumers' lives CVS Health says its $69-billion acquisition of the insurer Aetna will help create a customer "front door" to health care through the chain's network of nearly 10,000 stores.

Business Highlights

___ NEW YORK (AP) — Wall Street finished November with a broad rally that gave the Dow Jones industrial average its biggest gain since March and pushed it past the 24,000 mark for the first time.

OPEC, Russia agree oil cut extension to end of 2018

OPEC and non-OPEC oil producers look poised to agree on Thursday to extend output cuts until the end of 2018 to finish clearing a global glut of crude while signaling they could exit the deal earlier if the market overheats.