As the oil industry celebrated a century since the Permian...
As the oil industry celebrated a century since the Permian Basin's first discovery, industry leaders convened at the West Texas Geological Society's fall symposium to chart the course ahead. Discussions centered on unlocking new opportunities, overcoming capital barriers, attracting and nurturing talent, and devising effective solutions for managing produced water. Full Story: Midland Reporter-Telegram
U.S. stocks open lower Tuesday as government-shutdown worries intensify
U.S. stocks opened lower Tuesday amid worries over a potential government shutdown and higher Treasury...
U.S. stocks opened lower Tuesday amid worries over a potential government shutdown and higher Treasury yields. The Dow Jones Industrial Average DJIA, -0.50% was down 0.6% soon after the opening bell, while the S&P 500 SPX, -0.80% shed 0.7% and the Nasdaq Composite COMP, -0.90% dropped 0.7%, according to FactSet data, at last check. Investors are watching for Congress to pass a budget by Saturday or risk a U.S. government shutdown. Moody’s has said that a shutdown “would demonstrate the significant constraints that intensifying political polarization put on fiscal policymaking at a time of declining fiscal strength, driven by widening fiscal deficits and deteriorating debt affordability.
David McCallum, the actor known for starring roles in "The Man From U.N.C.L.E." and...
David McCallum, the actor known for starring roles in "The Man From U.N.C.L.E." and "NCIS," dies at 90 (More)
Moody’s, the only major credit rating agency that still gives the US government a triple-A rating, warned that a federal government shutdown would negatively impact the country’s credit.
Ukraine said it killed the commander of Russia’s Black Sea Fleet in a missile strike on the Crimean city of Sevastopol.
Nissan announced that all new models it launches in Europe will be fully electric, and by 2030, it will only sell electric vehicles on the Continent.
Governors Gavin Newsom and Ron DeSantis will square off in a Fox News debate between two people who will probably never be president.
SAG-AFTRA, whose members are already striking against Hollywood studios, are set to begin contract talks with video game companies in the hopes of avoiding a second strike.
President Biden announced a $1.4 billion investment to improve rail safety across 35 states, including track upgrades and bridge repairs.
Benchmark U.S. crude oilfor November delivery fell 35 centsto $89.68 a barrel Monday. Brent crudefor November delivery rose 2 cents to $93.29 a barrel.
Wholesale gasolinefor October delivery fell 2 cents to $2.54 a gallon. October heating oilfell 5 centsto $3.26 a gallon. October natural gaswas unchanged at $2.64 per 1,000 cubic feet.
Dow, S&P 500 posts first gain in four sessions despite Treasury yield surge
The Dow, S&P 500, and Nasdaq each posted their first gain...
The Dow, S&P 500, and Nasdaq each posted their first gain in four sessions on Monday, even as Treasury yields continued to surge in the days since the Federal Reserve signaling rates could stay high through next year. The Dow Jones Industrial AverageDJIA gained about 43 points, or 0.1%, ending near 34,006, while the S&P 500 IndexSPX and Nasdaq Composite IndexCOMP, 0.45% gained 0.4% and 0.5%, respectively, according to preliminary FactSet data. The bounce in equities came despite a continued march higher for benchmark borrowing rates that underpin the economy, with the 10-year Treasury yield TMUBMUSD10Y, 4.538% jumping 10 basis points on Monday to 4.541%, the highest yield since October 2007,