An employee checks sealed oil barrels as they move along a conveyor belt after filling at Royal Dutch Shell Plc's lubricants blending plant in Torzhok, Russia. (Getty file photo)
Oil prices continue to fall in the U.S. and around the world, but near everyone in the media is grumpy about it, says renowned economist and CNBC contributor Larry Kudlow, also a Moneynews Insider. "Seldom has so much good news been portrayed so negatively," he says. "Lower oil prices are unambiguously positive. Can we please be optimistic about it?" [Full Story]
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U.S. crude tumbled 10 percent in its biggest one-day drop in more than [Full Story]
Lower oil prices are unambiguously positive. Can we please be optimistic [Full Story]
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Procter & Gamble Co. is working with Goldman Sachs to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world's largest consumer products company streamlines its business. [Full Story]
U.S. crude tumbled 10 percent in its biggest one-day drop in more than five years on Friday, and benchmark Brent broke below $70 a barrel, as OPEC's decision not to cut output sent oil traders and analysts scurrying to find a new trading floor. [Full Story]
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Harvard economist Martin Feldstein says "the low price of oil is good news for the United States economy, because it implies higher real incomes for American consumers." [Full Story]

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