Oil hits $70 for first time since October 2018
West Texas Intermediate crude oil hit $70 a barrel for the first time in two and a half years as traders balanced the reopening of the global economy and OPEC’s recent decision on production.
Jobs report gives Wall Street 'sigh of relief' as market rallies, NYSE senior market strategist says
EXCLUSIVE: New York Stock Exchange Senior Market Strategist Michael Reinking said the May jobs report gave Wall Street a "sigh of relief" Friday, as the market rallied just below all-time highs following the U.S. economy reporting 559,000 jobs in May—missing expectations—and a decline in the unemployment rate.
Gold eyes best month since July 2020 on softer dollar, inflation woes
Gold prices rose on Monday and were headed for their best monthly jump since July 2020, boosted by a weaker U.S. dollar and lower bond yields, while growing inflationary pressure also lifted demand for the safe-haven metal as a hedge.
White House pushes back as Memorial Day weekend gas prices top $3 for first time in 7 years
The White House on Friday moved to quell concerns of gasoline prices on Memorial Day Weekend surging above $3 per gallon for the first time in seven years.
DHS orders 'critical' pipeline operators to comply with new cybersecurity measures
The Department of Homeland Security on Thursday mandated owners and operators of critical pipelines to comply with new security measures.
US durable goods orders drop 1.3% in April
U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.
Trump pins lumber crisis on Biden policies
Former President Donald Trump says the Biden administration is to blame for surging lumber prices that are weighing down the housing market.
Inflation posturing divides investors
Investors are positioning for the risk of higher inflation as the reopening of the U.S. economy gathers steam, but may not be prepared if the worst of the price increases has already run its course.
Colonial Pipeline's shipping system hit with brief outage
The communications system used by shippers on the Colonial Pipeline experienced intermittent disruptions.
Colonial Pipeline fiasco foreshadows impact of Biden energy policy
Amid gas shortages roiling the nation, pipeline proponents got some validation this week.
Gas shortage: 72% of NC gas stations are without fuel
North Carolina residents are in for what some predict could be the toughest day yet to find gas following the Colonial Pipeline cyberattack.
Biden refuses to say if he knew Colonial Pipeline paid hackers $4M-$5M to get pipeline back online per reports
Colonial Pipeline Co. may have paid between $4 million and $5 million to hackers in order to get its pipeline back up and running.
Stocks rally as CDC lifts most mask mandates, jobless claims fall to post-pandemic low
Stock investors shifted back to buying mode after a drop in jobless claims outweighed another hot inflation report.
Pipeline love as gas shortage rages, Colonial remains offline
With Colonial Pipeline shutdown and gas shortages hitting the U.S., suddenly Biden’s push to cancel pipelines seems like a bad idea.
Colonial Pipeline attack tip of the infrastructure risk iceberg: DHS cyber chief
The Colonial Pipeline may be the first of other major U.S. infrastructure attacks, says the Cybersecurity and Infrastructure Security Agency.
Energy secretary: We have gas supply issues, not a shortage
With the Colonial Pipeline closed down, drivers hit the panic button creating long lines at the pump up and down the East Coast.
Tyson Foods isn't crowing over roosters following egg mess
CHICAGO - Tyson Foods is laying off a certain type of rooster from its U.S. chicken business after a surprising discovery that eggs fertilized by the male bird hatch less often, resulting in fewer chickens.
Colonial Pipeline attack: Clock ticks for gas supply
The Colonial Pipeline attack comes with just five days of fuel supplies.
Colonial Pipeline hack: Knowns and unknowns about the attack
A look at what we know, and what we don't, about one of the most disruptive digital shakedown efforts to hit a U.S. company.
Truck driver shortage could fuel spike in gas prices
A looming fuel shortage could mean more pains at the pump this summer, but it’s not due to a lack of oil and gas.



















