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 sector this year, spiked on 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
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 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
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
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread 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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Medical debt is hurting the creditworthiness of 43 million Americans, and the systems in place to collect and report this debt can be challenging for people, according to a new report released on Thursday by the Consumer Financial Protection Bureau (CFPB).
"It's hard for consumers to navigate the medical debt maze and come out with a clean credit report on the other side," said CFPB director Richard Cordray in a statement. "Getting medical care should not make your credit report sick." The CFPB study concluded that the process of billing for medical care can be confusing and the system for reporting overdue medical debt is haphazard. This could explain why half of all overdue debt on credit reports is now for medical expenses.
The report says one out of five credit reports now contains a black mark from overdue medical debt. The major credit reporting agencies will now be required to provide the bureau with regular reports about how consumer disputes are being handled. They will also be expected to investigate companies that have abnormally high dispute rates and do something about it. The CFPB has information on how to deal with medical debt, both before it goes on a credit report and after.
Other findings of the report include:
--Additional reporting from CNBC.com