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Will Trump and Saudi Crown Prince MBS' Relationship Survive Plunging Oil Prices, Alleged Coup Plot?

2 monthes ago   |   By

Amid an oil price war with Russia and a brutal succession struggle at home, Crown Prince Mohammed bin Salman is unsettling nerves in Washington. Will President Donald Trump keep standing by him?
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Saudi Oil Gambit Leads to Market Panic

Saudi Oil Gambit Leads to Market Panic

2 monthes ago   |   By

Financial markets see some of the worst results since 2008 as traders react to Saudi Arabia's oil price war.
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GOLD may be the BIG WINNER in oil price war

GOLD may be the BIG WINNER in oil price war

2 monthes ago   |   By

Gold - regarded as the traditional safe haven - could be “one of the beneficiaries” of the global stock market panic caused by the Russian-Saudi standoff over oil and the coronavirus outbreak.
That's according to Research Director at NXTanalytic Alessandro Bruno, who told RT that “Russia could probably sustain the crisis for longer than Saudi Arabia.”
He explained that this is due to Moscow's financial policies of the past few years and, in particular, Russia's accumulation of gold.
“Let's not forget, Russia and China have been accumulating a lot of gold,” Bruno said, adding that “One of...
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March Madness: Stocks Plummet Amid Oil Plunge and Coronavirus Fears

2 monthes ago   |   By

The Dow Jones Industrial Average sank more than 2,000 points on Monday, as fears about the spread of the coronavirus and an oil price war sent investors scrambling. Fox Business Correspondent Kristina Partsinevelos joins the "Rundown" from the New York Stock Exchange to gauge the reaction from yesterday's plunge, how businesses should prepare and concerns about the virus possibly sending us into a recession.
Today Idaho, North Dakota. Mississippi, Washington, Missouri and Michigan will vote. Michigan is not just delegate heavy but it's the first real test in a general election swing state...
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What's behind oil price war that sent markets plunging?

2 monthes ago   |   By

"The main reason why coronavirus is a threat to oil prices is that China is the main new consumer of oil in the world," economist Cailin Birch said.
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WATCH: SpaceX astronaut launch

WATCH: SpaceX astronaut launch

After nearly a decade, American manned spaceflight is back on Florida's Space Coast. Read more ...

Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel

Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel

The number of people traveling by air has plummeted more than 90% since the beginning of March. More than half of the employees losing their jobs are being laid off involuntarily. Read more ...

Space X launch cancelled due to bad weather only minutes before planned launch

Space X launch cancelled due to bad weather only minutes before planned launch

The planned NASA/ Space X launch out of Kennedy Space Center in Florida to the International Space Station was nixed on Wednesday due to bad weather. DETAILS TO FOLLOW Read more ...

Rossen Reports: Privacy fears on contact tracing apps

Rossen Reports: Privacy fears on contact tracing apps

With technology companies trying to help address the coronavirus pandemic, is your phone automatically tracking your every move? Here's everything you need to know. Read more ...

Larry Kramer, Pioneering AIDS Activist And Writer, Dies At 84

Larry Kramer, Pioneering AIDS Activist And Writer, Dies At 84

Kramer was a young writer with an Oscar-nominated screenplay when his friends started dying mysteriously - galvanizing him to found Gay Men's Health Crisis, and later ACT UP... Read more ...

CEO pay has topped $12.3 million. Can it keep rising post-pandemic?

CEO pay has topped $12.3 million. Can it keep rising post-pandemic?

Hundreds of CEOs across the country have already said they'll forgo some or all of their salary. Read more ...

Hong Kong ‘no longer autonomous' says Pompeo admitting changing system in...

Hong Kong ‘no longer autonomous' says Pompeo admitting changing system in China failed

US Secretary of State Mike Pompeo has declared that Hong Kong can no longer be considered autonomous from mainland China, admitting that Washington had once hoped to use the... Read more ...

Disney proposes mid-July reopening of theme parks

Disney proposes mid-July reopening of theme parks

Walt Disney World officials proposed a plan on Wednesday that would allow it to begin reopening theme parks on July 11. Read more ...

53-year-old tortoise adopted after owner dies of COVID-19

53-year-old tortoise adopted after owner dies of COVID-19

After receiving thousands of calls and emails from would-be adopters, a tortoise whose owner recently died of COVID-19 has found a new home. Read more ...

‘Inaccurate, divisive': British TV show roasted after using gender of world...

‘Inaccurate, divisive': British TV show roasted after using gender of world leaders to explain contrasting Covid-19 death tolls

A British morning television show suffered a backlash from viewers after using unfair comparisons to suggest countries with female leaders have done a better job than their... Read more ...