Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...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
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
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
It may not a great time for investors to buy stocks, closely followed strategist Tom Lee told CNBC on Friday.
Lee, the co-founder of Fundstrat Global Advisors, predicts the S&P 500 predicts will fall 4 to 5 percent within the next 30 days.
"It's just a couple of things coming together," Lee said in a "Fast Money Halftime Report" interview. "Evidence of risk aversion in credit markets and bond markets. It's the deterioration of market internals. Fewer stocks are supporting the index."
"And I think it's ... growing and mounting concerns that there will be some setbacks in Washington that affect the ability for earnings delivery to come through tax reform," he added.
Stocks were mixed Friday but on pace to post a losing week, which would break a two-week winning streak.
Trump made another plea for tax reform Wednesday at a rally in North Dakota, pressing for a simpler tax code, lower corporate tax rate, and closing of loopholes for special interests.
Lee said investors are worried about one aspect of tax reform in particular.
If companies don't get Trump's proposed 15 percent corporate tax rate, estimates for earnings will have to come down, he said.
The promise of tax reform has been met with repeated delays, but President Trump on Friday pressed lawmakers to act quickly.