OPEC fights falling prices with production cuts

Dec 7, 2018
Analysts say OPEC's decision is less about raising prices, and more about stopping them from falling further.

OPEC set to meet with an eye on cutting oil production

Dec 5, 2018
OPEC oil producing countries are scheduled to meet in Vienna on Thursday to discuss possible production cuts as a way to boost prices. Oil prices have been sliding in recent months. At the recent G-20 meeting, Russian and Saudi Arabian leaders signaled a willingness to work toward cuts, but what might that mean? Click the […]

Michael Cohen pleads guilty to lying to Congress

Nov 29, 2018
President Trump’s former lawyer, has pleaded guilty to lying to Congress about work he did on a Trump real estate project in Russia.
Presdient Donald Trump's former attorney pleaded guilty to lying to the Congress Thursday.
Photo by Yana Paskova/Getty Images

Will the Saudi-Russian oil alliance hold as production cuts are mulled?

Nov 12, 2018
The price of oil is at its lowest in almost a year. Now officials from Saudi Arabia are suggesting they might cut supply to arrest the falling price. President Donald Trump on Monday said he hopes Saudi Arabia and OPEC don’t do that. It’s all a bit of a test for Saudi Arabia and its […]
Russian President Vladimir Putin shakes hands with Saudi Crown Prince Mohammed bin Salman during their meeting at the Kremlin in Moscow on June 14, 2018. 
Yuri KADOBNOV / AFP

A melting Arctic could be key to faster global internet

Sep 26, 2018
With the rise of big data, the internet of things and automated factories, existing internet infrastructure's getting clogged.
Jussi Pekka Joensuu, an adviser for Cinia, holds up a piece of internet sea cable at Cinia's offices in Helsinki. Most global internet communications travel on the 745,000 miles of sea cables buried beneath the ocean floor.
Peter Balonon-Rosen/Marketplace

Why high prices mean good news for U.S. oil

by
Sep 25, 2018
Tight supply and healthy demand help, too.

Trump wants OPEC to keep oil prices down

Sep 21, 2018
Getting prices down could be complicated. Supply from Iran is already at two-year lows, and new U.S. sanctions on the country are set to go into effect in November.
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen at the headquarters building in Vienna on April 4, 2013.
ALEXANDER KLEIN/AFP/Getty Images

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How strong is the U.S. dollar's position as a reserve currency?

Aug 15, 2018
Russian officials were in Turkey on Tuesday, talking with the government there about possible solutions for Turkey’s currency crisis. Both countries are also facing U.S. sanctions, so one idea they floated: Stick to their own national currencies for trade and avoid using the dollar at all. On top of that, Russian Foreign Minister Sergey Lavrov echoed […]
The dollar is an international currency — a common denomination for global business. 
Yasin Akgul/AFP/Getty Images

U.S. to impose sanctions on Russia over nerve agent attack

Aug 8, 2018
Following a 15-day congressional notification period, the sanctions will take effect on or around Aug. 22.
Alexander Aksakov/Getty Images

How the American brand is faring on the global stage

by
Jul 19, 2018
Trump's anti-immigration talk is doing some long-term damage to the nation's brand strength, one analyst says.
YURI KADOBNOV/AFP/Getty Images