"The attention is not what we expected—we never wanted the hype," Mo Islam said.
U.S. crude hit 5 ½-year lows early Monday but there are signs of a bottom, said Joe Petrowski, former Gulf Oil CEO. Cheap energy is great for stocks, he added.
Crude prices came under renewed pressure on Monday, and Brent hit five-year lows of nearly $60 a barrel and U.S. oil prices fell below $56 a barrel.
Stocks ended lower Monday after the Dow traded in a more than 300-point range on either side of neutral.
The U.S. has been trouncing global stocks, but Carter Worth of Sterne Agee says the S&P 500 can't ride alone forever.
Some of the names on the move ahead of the open.
Top hedge fund manager Sir Michael Hintze is worried about what the continued low price of oil could mean for the global economy.
Nearly 1 in 6 Americans go hungry. Most at risk: children and the elderly. Companies are rushing to help during the holidays.
It’s a December tradition: Selling out of losing positions for tax reasons. So what assets will be vulnerable—and what opportunities may be created?
The stock market will get its first real taste of Hadoop on Friday, when Hortonworks, a seller of the software, debuts on Nasdaq.
Australian Prime Minister Tony Abbott addressed the public in the wake of a siege in a Sydney cafe that turned deadly.
The 16-hour Sydney hostage crisis came to a tragic end in the early hours of Tuesday morning.
Australian police locked down the center of Sydney after an armed man took hostages, igniting fears of a jihadist attack.
Falling oil prices could help Indian Finance Minister reap a fiscal windfall of at least $12 billion when he presents his 2015/16 budget in February.
The FBI has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions.
The U.S. dollar rose against the euro on Monday on expectations that the Federal Reserve will take a less-dovish stance on monetary policy.
Asian stocks pulled back sharply on Monday, as investors fretted about the relentless slide in energy prices and declining manufacturing sentiment in Japan. Also in focus was a hostage incident in Sydney.
The HK police had stumbled into a Chinese internal security operation aimed at spying on pro-democracy figures in Hong Kong, according to sources.
Russia is among the worst hit by oil's decline, but clean living may keep government finances on an even keel. Its corporate debt may be another matter.