Losses for U.S. stock futures deepen as investors await opening bell
The gloom was worsening on Wall Street ahead of the opening...
The gloom was worsening on Wall Street ahead of the opening bell, with U.S. stock-index futures slipping to session lows and pointing to a sharply lower open Monday morning.
Remarks by President Donald Trump in a television interview Sunday, in which he refused to rule out the possibility of a recession, were getting the blame for the weakness in equities. They served to amplify fears surrounding the whiplash of Trump's tariff policies, which have seen the U.S. impose heavy tariffs on trading partners and then withdraw or modify a chunk of them while pledging more tariff action in the future.
Tech, regulations address the Permian's methane problem
An analysis by S&P Global Commodity Insights shows...
An analysis by S&P Global Commodity Insights shows that Permian Basin methane emissions dropped by 26% in 2023 as regulations tightened and drillers stepped up adoption of advanced leak-detection technologies. The reduction, amounting to over 34 Bcf, occurred despite higher oil and natural gas production.
That is, unless Congress can pass at least a short-term spending measure—but...
That is, unless Congress can pass at least a short-term spending measure—but even that will be no small feat. On Saturday, House Speaker Mike Johnson revealed a 99-page continuing resolution that would fund the government through September. It proposes a $20 billion cut on IRS enforcement and increases for the Defense Dept. and deportation efforts by the Immigration and Customs Enforcement, among other line items. House Republicans hold a four-seat majority (218–214) and, according to an analysis by ABC, can only afford one defection if all House members show up and vote. President Trump urged House Republicans to vote for the bill on Truth Social; House Minority Leader Hakeem Jeffries said that Democrats will not vote for it.
The mission to bring home two stranded astronauts will begin: Suni...
The mission to bring home two stranded astronauts will begin: Suni Williams and Butch Wilmore, who have been vibing at the International Space Station for so long that they missed the rise and fall of the Talk Tuah podcast, are getting closer to leaving a zero-gravity environment. NASA will launch a SpaceX capsule with their replacements on Wednesday, nine months after Williams and Wilmore left on what was originally a one-week trip. The crews will spend a week together, with the newcomers perhaps regaling the stuck astronauts about Kendrick Lamar’s Super Bowl halftime show, before Williams and Wilmore head home.
Dept. of Homeland Security agents detained a Columbia University student who played a key role in last year’s pro-Palestinian protests on the campus.
Pope Francis remains hospitalized but is showing improvement, according to the Vatican.
The Secret Service shot an armed individual described as suicidal outside the White House following a confrontation yesterday morning. President Trump was not on the premises.
A plane carrying five people crashed into a residential area in Lancaster County, PA. They all survived and were taken to hospitals.
US Drillers Cut Oil, Gas Rigs for First Time in Six Weeks
U.S. energy firms this week cut the number of oil and natural gas rigs...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on March 7.
The total oil and gas rig count, an early indicator of future output, fell by one to 592 in the week to March 7.
Baker Hughes said this week's decline puts the total rig count down 30, or 5% below this time last year.
Baker Hughes said oil rigs were unchanged at 486 this week, while gas rigs fell by one to 101.
