President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
For Steve Vittitoe, bitcoin is a fun way to make some extra money.
This unassuming 31-year-old family man, who is a computer programmer for a cybersecurity firm, runs a mini bitcoin-mining operation from the basement of his home in Valparaiso, Ind.
"It's as if there's a machine in my corner printing money," Vittitoe said.
In one corner of his basement he has set up a rack of specially equipped computers. These are called "miners" in the world of bitcoin. The machines run 24 hours a day, competing against other computers around the world to solve complex math problems. The first computer, or group of computers, that solve the problem receives a fixed amount of bitcoins.
Vittitoe's mining operation produces 1.2 bitcoins a day. If bitcoin trades for $600, that means $720 worth of bitcoins a day, or $262,000 a year. But that is a big "if" given bitcoin's volatility. In the last six months, bitcoin's price seesawed between $400 and $1,150.