While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
Of the recessions the U.S. has seen dating back to the early 1980s, none has come without an oil spike of at least 90%.Economyread more
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
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
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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
GM shares were down nearly 3% Monday as analysts estimated the strike could cost GM tens of millions of dollars per day. The two sides resumed talks at 10 a.m. Monday...Autosread more
Amazon changed the algorithms that power its product-search system to favor the company's own products, The Wall Street Journal reported.Technologyread more
Between 180 and 200 underperforming GameStop stores are set to shutter before the end of the fiscal year, and more could be on the way.Entertainmentread more
These are the stocks posting the largest moves midday.Market Insiderread more
Rep. Justin Amash of Michigan said Saturday that President Donald Trump "engaged in impeachable conduct" by committing obstruction of justice, breaking ranks with a Republican Party that has rallied to the president's defense in the wake of Robert Mueller's findings in the Russia investigation.
Amash also accused Attorney General William Barr of "deliberately" misrepresenting the Mueller report and misleading the public through "sleight-of-hand."
In a series of posts on Twitter, Amash criticized members of Congress for being overly partisan and not upholding their constitutional duty, saying very few members had actually read Mueller's full report. He warned that partisanship risked eroding the nation's system of constitutional checks and balances.
The Republican representative, a libertarian who often goes against the grain of his party, said he came to the conclusion that Trump committed obstruction of justice after carefully reading the special counsel's full redacted report.
Amash said Mueller's report found multiple instances of Trump engaging in obstruction of justice and if he wasn't president, he would face indictment based on such evidence.
Amash said that impeachment "simply requires a finding that an official has engaged in careless, abusive, corrupt, or otherwise dishonorable conduct." He also warned that Congress risked encouraging misconduct by shrinking from the impeachment process.
While impeachment should be undertaken only in extraordinary circumstances, the risk we face in an environment of extreme partisanship is not that Congress will employ it as a remedy too often but rather that Congress will employ it so rarely that it cannot deter misconduct.
Amash's call for impeachment goes further than even many Democrats. House Speaker Nancy Pelosi, for example, has repeatedly said that she does not currently support impeachment because it would only divide the country.