Go ahead, raise my rates

Go ahead, raise my rates
Some U.S. chief executives think it is time to pick interest rates off the floor, even as many of their peers campaign to maintain the status quo.The Federal Reserve meets this week and the first rate rise in nearly a decade — albeit a small one — is on the table.

OPEC: The US shale boom is over
n its latest monthly oil-market report, published Monday, the 12-member oil cartel OPEC said US oil producers were finally beginning to feel the squeeze of lower oil prices. OPEC writes: “In North America, there are signs that US production has started to respond to reduced investment and activity. Indeed, all eyes are on how quickly US production falls.”