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Crude Oil Rebounds Today After a Prolonged Slump in Price

Crude oil prices threaten to crack $50 a barrel, just weeks to go before OPEC and other producers have to sign off on a new deal to hold down production.
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Crude oil prices threaten to crack $50 a barrel, with just weeks to go before OPEC and other producers have to sign off on a new deal to hold down production. U.S. crude inventories had a slight drop in the latest report. American Express (AXP) - Get American Express Company Report  profits were better than expected as cardholders kept using their plastic. Shares are higher in the premarket. The company last month fattened up its rewards on its platinum charge cards to fortify its high-end market against JPMorgan Chase (JPM) - Get JPMorgan Chase & Co. (JPM) Report  and Citigroup (C) - Get Citigroup Inc. Report . Cable news star Bill O'Reilly has been forced out at Fox News. The channel is shuffling its line up with Tucker Carlson taking over O'Reilly's 8 pm prime time slot. O'Reilly was forced out after revelations of sexual harassment claims against him. His show "The Factor" brought in more than a 100 million in advertising a year and investors are curious if the move will impact the company's stock.

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