An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.Marketsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.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
A new research study by the Digital Citizens Alliance shows how easy it is to buy illegal steroids or appearance and performance enhancing drugs (APEDs)Cybersecurityread more
An attack on Saudi Aramco's key oil facility raises questions about whether the schedule for the company's initial public stock offering will go ahead as planned.Energyread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's oil facilities caused the largest...Oilread more
Perry says it's too soon to say whether the U.S. will need to use its emergency crude reserves to offset the surge in oil prices.Oilread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to analyst Ming-Chi Kuo.Technologyread more
The Times updated an article detailing a previously unreported accusation against Supreme Court Justice Kavanaugh from when he was a Yale University student, noting that "the...Politicsread more
U.S. government debt yields varied Friday after the Department of Labor reported that the economy added 228,000 jobs in November.
Meanwhile the yield on the 5-year Treasury note slipped to 2.143 percent. Bond yields move inversely to prices.
On the final trading day of the week, it was all about the U.S. labor market.
In the latest report on the employment situation, the Department of Labor said the U.S. economy added 228,000 jobs in the month of November, ahead of consensus expectations. Following a strong report in October, the November jobs report provides more evidence of a tightening labor market.
The unemployment rate held steady at 4.1 percent.
The figures are likely to be of key importance when it comes to what the Federal Reserve will do at its monetary policy meeting this month. The central bank has been scrutinizing economic indicators for any signs of inflation or an overheating economy. With a Republican tax cut looking likely, the Fed may be inclined to hike rates a final time in 2017.
Looking to the political space, U.S. tax reform continues to make headlines, with markets awaiting any developments surrounding the topic.
On Thursday, Congress moved swiftly to deliver a short-term funding bill to President Donald Trump, in order to avoid a government shutdown this coming weekend.
Sticking with politics, the European Union and Britain jointly announced Friday that the two groups had finally agreed upon three key issues that were obstructing Brexit talks from developing — issues surrounding citizens' rights, the Irish border and the U.K.'s economic settlement to the EU, have now been resolved. Consequently, investors will be paying close attention to moves in the currencies market.