The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Finally, millennials are flying the coop and contributing to the U.S. economy.
Diane Swonk, Mesirow Financial's chief economist, told CNBC's "Squawk on the Street" on Friday that January's jobs numbers show more millennials are joining the workforce.
"If you see these numbers with what we saw in household formation at the end of the year, we're starting to see millennials spread their wings and fly," she said. "We saw household formation at the end of 2014 surge at 1.7 million units after being below 400,000 for much of the recovery. … Household formation is key to getting more spending in the U.S. economy."
The Bureau of Labor Statistics said Friday the economy created 257,000 jobs in January, beating estimates by about 23,000. Unemployment was 0.1-percent higher than expected at 5.7 percent, though.
"Although the quantity of jobs is high and the percent of quality isn't necessarily high, there are more high-quality jobs in there as well," Swonk added, referring to post-college jobs within business and financial services, among others.
She also said the U.S. labor participation rate increase indicates a boost in 35-to-40-year-olds rejoining the workforce. "They did begin to throw their hat in the ring, and what we're looking for is the tipping point of more people rejoining the labor force," Swonk said. "Unfortunately, some of the participation was really heavily concentrated in low-education categories."
Read More Jobs for drones are set to take off