Oil prices are set for their worst year since 2015 — here’s what went wrong – CNBC

But by October, forecasters were warning that demand for oil would grow more slowly than previously anticipated. The same month, the stock market plunged, hammered by a sell-off in high-flying technology names, the ongoing U.S.-China trade dispute and rising interest rates. Investors began dumping risk assets, and by the end of the month, oil had…

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Coke is raising soda prices because of aluminum tariffs

Jordan Valinsky, CNN Money Business   Published at 5:24 pm, July 29, 2018 (CNN Money) — America’s favorite soda is the latest victim of the Trump administration’s tariffs. Coca-Cola has hiked prices on its carbonated drinks because the recently enacted 10% tariff on imported aluminum has made Coke cans more expensive to produce. CEO James Quincey…

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