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
Fans of the famous flux capacitor in the 1985 movie "Back to the Future" will love the new Lamborghini.
The Italian automaker unveiled its fastest car ever Tuesday morning at the Frankfurt Motor Show — a geometric fantasy of speed and engineering called the Sian FKP 37. It is the company's first hybrid, following electrified offerings from Ferrari, Porsche and others. But unlike the other hybrids, which use batteries, the Sian's electric boost comes from a supercapacitor, which can put out huge amounts of instant power.
Combined with Lamborghini''s raging V-12 combustion engine, the Sian supercapacitor will give the car 819 horsepower and push it from zero to 62 mph in under 2.8 seconds. The top speed is 217 mph – hence the car's name, Sian, which means "flash of lightening" in the Bolognese dialect. The FKP 37 is an homage to Ferdinand Karl Piech. Born in 1937, he's the former chairman of parent company Volkswagen.
Lamborghini worked with researchers from the Massachusetts Institute of Technology to develop its new supercapacitor technology. Unlike lithium batteries, which store energy in chemical form, capacitors store electricity in an electrical field — like static collecting on a balloon. They can charge faster, have longer life cycles and are more durable than lithium batteries. Supercapacitors are three times more powerful than batteries of similar weight and three times lighter than batteries of similar power.
The drawback to capacitors is "energy density," meaning they need to be charged more often. But for the Lamborghini, which uses the electric boost for acceleration and to smooth the changes between gear-changes, it's the ideal short but quick power source. The supercapacitor recharges during braking, making charging easier.
The Sian has a starting price of $3.6 million. But even if you have the cash, you probably can't get one. Lamborghini instantly sold out of all 63 cars being produced.