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 sector this year, spiked on 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
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 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
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
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
(Adds background on antitrust probes against tech companies, AG's comment)
Sept 6 (Reuters) - A bipartisan coalition led by New York state attorney general (AG) is launching an antitrust investigation into Facebook Inc to probe whether it has stifled competition and put users at risk, New York AG Letitia James said on Friday.
"I'm launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers' choices, or increased the price of advertising," James tweeted.
Attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia will join New York in the probe, a statement said. (https://on.ny.gov/2lG1unu)
Facebook shares were down nearly 1% in premarket trading.
The company did not immediately respond to a request for comment.
Reuters and other media outlets reported on Tuesday that more than 30 U.S. state attorneys general were readying an investigation into Alphabet Inc's Google for potential antitrust violations.
The tech giants, among the richest and most powerful companies in the world, are facing increasing antitrust scrutiny from Congress, federal agencies and now state attorneys general.
The U.S. Justice Department said in July it was opening a broad investigation of major digital technology firms, focusing on whether they engage in anticompetitive practices. The investigation is believed to target Google, Amazon.com Inc and Facebook, and potentially Apple Inc.
Separately, the Federal Trade Commission, which also enforces antitrust laws, is also probing Amazon and Facebook to determine if they abused their massive market power in retail and social media, respectively.
(Reporting by Munsif Vengattil and Neha Malara in Bengaluru; Editing by Shinjini Ganguli)