Severe weekend storms cause devastation in multiple states
At least 37 fatalities occurred across Missouri, Alabama, Arkansas, Kansas,...
At least 37 fatalities occurred across Missouri, Alabama, Arkansas, Kansas, Oklahoma, Mississippi, and Texas over the weekend following wildfires, dust storms, and tornadoes in a significant portion of the country. California experienced heavy rain and winds, and a Los Angeles neighborhood experienced a tornado. Three people were killed in a dust storm in Amarillo, TX, on Friday, the same day high winds caused a 50-vehicle pileup in Kansas that killed eight. Tornadoes in Missouri killed at least 12 people. President Trump posted on Truth Social yesterday that he was ready to assist state and local officials impacted by the storms, which his administration was monitoring.
Baseball season begins with Shohei Ohtani in Japan: Think...
Baseball season begins with Shohei Ohtani in Japan: Think of it as the soft launch of the 2025 MLB season—the Cubs and Dodgers will play two games tomorrow and Wednesday at the Tokyo Dome to open the season, but then, the regular season won’t resume until March 27. The Cubs–Dodgers games will be a prework treat on the East Coast, with the first pitch scheduled for just after 6am ET on Fox tomorrow and FS1 Wednesday. To give you an idea of Ohtani’s popularity in his home country, tickets are going for as much as $2,000.
Canada is reconsidering its plan to spend billions of dollars on American-made F-35 jets in response to the tariffs fracas.
Starbucks must pay a $50 million judgment to a California man who was severely burned by coffee at a location’s drive-thru.
Amazon Echo will send all voice recordings to the cloud starting on March 28, as the company decided to “no longer support” a privacy feature of the smart speakers and displays.
President Trump ordered a military strike against Houthi fighters in Yemen. Defense Secretary Pete Hegseth said the US would keep hitting Houthis until they stopped attacking ships in the Red Sea.
A fire at a nightclub in North Macedonia left at least 59 dead and more than 150 injured.
U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. The total oil and gas rig count, an early indicator of future output, was steady at 592 in the week to March 14th. That brings the total number of rigs down 37, or about 6% from this time last year.
Baker Hughes said the oil rig count rose by one to 487 this week, while gas rigs fell by one to 100.
Oklahomapicked up two new rigs, now with 51 rigs drilling.
Oil ends higher as tighter U.S. sanctions on Iran, Russia may disrupt global supplies
Oil futures finished higher on Friday, with news of tighter...
Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt global crude supplies.
U.S. crude prices gained for the week—their first in eight weeks—as traders continued to monitor rising trade tensions and their impact on the economy and oil demand.
-- West Texas Intermediate crude climbed 63 cents, or nearly 1%, to settle at at $67.18 a barrel on the New York Mercantile Exchange. According to Dow Jones Market Data, Prices increased by 0.2% for the week based on the front-month contract.
-- May Brent crude rose 70 cents, or 1%, to $70.58 a barrel on ICE Futures Europe. It tacked on 0.3% for the week.
-- April gasoline added 0.7% at $2.1487 a gallon, up 1.9% for the week, while April heating oil rose 0.2% to $2.1666 a gallon, but posted a weekly loss of 2.2%.
-- Natural gas for April delivery settled at $4.104 per million British thermal units, down 0.2% for the day and losing 6.7% for the week.
U.S. stocks close sharply higher to end rough week, as gold settles above $3,000
The U.S. stock market closed sharply higher on Friday...
The U.S. stock market closed sharply higher on Friday in a big, broad rebound to mark the end of a bruising week that saw the S&P 500 land in correction territory amid tariff worries.
The S&P 500 climbed 117.42 points on Friday, or 2.1%, to finish at 5,638.94.
The Dow Jones Industrial Average rallied 674.62 points, or 1.7%, to close at 41,488.19.
The Nasdaq Composite jumped 451.07 points, or 2.6%, to end at 17,754.09.
For the week, the Dow fell 3.1%, the S&P 500 shed 2.3% and the technology-heavy Nasdaq dropped 2.4%. The Dow booked its biggest weekly loss since March 2023, while the S&P 500 and Nasdaq each dropped a fourth straight week for their longest losing streaks since August, according to Dow Jones Market Data.
