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
A group of Republican members of the House of Representatives on Tuesday introduced several bills that they said will provide "relief" from Obamacare-related taxes.
The slate of legislation rolled out by members of the House Ways and Means Committee could end up being attached, in some form or another, to the year-end spending package that Congress is tackling.
The set of bills is not tied to the major tax bill pending in Congress, which, among other things, would repeal the Obamacare rule requiring most Americans to have health insurance or pay a tax penalty.
The bills introduced Tuesday include a five-year waiver of the medical device tax, a two-year waiver for the tax on over-the-counter medications and a delay of the health insurance tax, along with relief from that tax if insurers give customers a premium rebate.
That bill also would offer one year of prospective relief from the so-called Cadillac tax, an excise tax on high-value health plans.
Rep. Kevin Brady, R-Texas., chairman of the Ways and Means Committee, said, "Obamacare's failures are continuing to hurt families across the country – and allowing burdensome health care taxes to continue or go back into effect would make these problems even more severe."
"As we continue working toward a patient-centered health care system, Ways and Means Republicans are taking action to provide targeted relief from taxes that stand in the way of affordable health care, innovative treatments, access to medications, more jobs, and bigger paychecks for hardworking Americans," Brady said.