Baker Hughes reports a second straight weekly climb in the U.S. oil-drilling rig count
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 533 this week. That followed...
U.S. House passes cannabis legalization measure for the second time
The U.S. House of Representatives on Friday passed the Marijuana Opportunity, Reinvestment and Expungement Act (MORE Act) by a vote of 220 to 204 mostly...
Ford CEO James Farley sees 2021 compensation nearly double to $22.8 million
Ford Motor Co. Chief Executive James Farley total compensation for 2021 nearly doubled from a year ago, boosted by a big increase in stock awards....
Gold futures post losses for the session and week
Gold futures fell on Friday, contributing to a weekly loss of more than 1%, with prices pressured in part by strength in the U.S. dollar...
Biden administration to end pandemic immigration restrictions on May 23
The Biden administration plans on May 23 to end Trump-era pandemic restrictions on immigration, the Centers for Disease Control and Prevention said Friday. "After considering...
U.S. oil futures suffer the worst weekly percentage decline in almost 2 years
U.S. oil futures ended lower on Friday, logging a nearly 13% loss for the week - the biggest such loss for a front-month contract since...
U.S. stocks end higher Friday, S&P 500 and Nasdaq book third week of gains
U.S. stocks finished higher Friday, with the S&P 500 and Nasdaq Composite booking a third straight week of gains, as investors focused on a strong...
Biden to invoke Defense Production Act for minerals for EV batteries, White House says
President Joe Biden on Thursday will announce he's using the Defense Production Act to secure American supplies of the critical materials needed to boost a...
EIA data reveal a weekly increase in U.S. natural-gas supplies
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies climbed by 26 billion cubic feet for the week ended March 25. That...