News roundup: Citigroup sees US oil production falling 500,000 barrels per day by end of the year … US global competitiveness increasing, but income inequality remains a threat, survey says … New Justice Department policies encourage more prosecutions of corporate executives

    The big squeeze: A funding squeeze threatens to cut U.S. oil output by as much as half a million barrels a day by the end of the year, with shale producers among the worst affected, Citigroup Inc. pre…

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