The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?

Trump on Friday said if Hassett were to leave his post as director of the White House National Economic Council, it would deprive the administration of one of its most powerful messengers on the economy. Hassett has been seen as a top contender to succee

Trump on Friday said if Hassett were to leave his post as director of the National Economic Council, it would deprive the administration of one of its most powerful messengers on the economy. Hassett has been seen as a top dovish contender to succeed Fed

President Donald Trump said in a social media post that he “greatly” respects Iran’s decision to cancel scheduled hangings of protesters. In a sign that lower prices are starting to bite, Harold Hamm, the billionaire wildcatter who helped kick off the US

While both Federal Reserve chair candidates have advocated for rate cuts, the new frontrunner could be less inclined to slash sharply.

The dollar index (DXY00 ) on Friday rose by +0.04%. The dollar recovered from early losses on Friday and moved higher after President Trump expressed reluctance to nominate Kevin Hassett as Fed Chair. Hassett was seen by markets as the most dovish candida

February WTI crude oil (CLG26 ) on Friday closed up +0.25 (+0.42%), and February RBOB gasoline (RBG26 ) closed up +0.0014 (+0.08%). Crude oil and gasoline prices settled higher on Friday, recovering some of Thursday's sharp selloff. Geopolitical risks in

President Donald Trump on Friday said he would like to keep his top economic adviser, Kevin Hassett, at the White House rather than potentially nominate him to replace Jerome Powell as chair of the Federal Reserve. “I actually want to keep you where you

Former Fed Governor Kevin Warsh's stock is now rising again following the Trump DOJ's probe into Fed chair Powell

The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that Baker Hughes published on Friday

The JPMorgan Chase CEO said he’s not willing to give up being his own boss.

Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that the central bank should be ready to cut interest rates further, citing \\

February WTI crude oil (CLG26 ) today is up +0.71 (+1.20%), and February RBOB gasoline (RBG26 ) is up +0.0136 (+0.76%). Crude oil and gasoline prices are moving higher today as they recover some of Thursday's sharp selloff. Geopolitical risks in Iran are

FOXBOROUGH, Massachusetts, Jan 16 () - Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday a fragile job market that could weaken quickly means the U. central bank should stand ready to cut interest rates again if ​needed.