$5 gas is going to pinch no matter how much you inflate your tires or slow your speed. But buying oil-sector shares can more than make up for the economic setback from $5 gas.
Tech stocks fell on news that chipmaker Intel, a bellwether for tech stocks, cut its profit outlook. Moody's says it plans to review EU sovereign debt ratings, adding to the general market gloom.
Chinese hackers sought to steal designs, formulas, and processes from chemical companies in the US and elsewhere, according to a report by cybersecurity firm Symantec. It's the latest example of Chinese hackers targeting a sector of the US economy.
Cybersecurity firm McAfee says it infiltrated a 'command and control' server with detailed logs of five years of cyberattacks against targets ranging from the US government to the World Anti-Doping Agency. McAfee suggests a country was behind it. Experts suspect China.
ConocoPhillips shares jump almost 10 percent in premarket trading
Hundreds of barrels of crude oil spilled into Montana's Yellowstone River after an ExxonMobil pipeline beneath the riverbed ruptured, sending a plume 25 miles downstream and forcing temporary evacuations.
President Obama arrived in Poland Friday for the final leg of his European tour on a visit that will focus on military ties between Washington and Warsaw.
Medicare, Social Security, and other entitlements must be looked at for cuts, House minority leader says. But in addition to Medicare, Congress should cut subsidies to oil industry.