World

Oil prices are down about 14 percent this year, but the commodity was on an upswing through the first quarter of the year, boosted by production cuts by OPEC and other exporters. That allowed U.S. drillers to lock in higher prices for future delivery, providing the financial incentive to produce …

Simon Dawson | Bloomberg | Getty Images A Boeing Co. 737 passenger aircraft, operated by Norwegian Air Shuttle ASA, takes off at London Gatwick Airport in Crawley, U.K. Norwegian Air Shuttle’s UK subsidiary on Monday received a tentative U.S. foreign air carrier permit, prevailing against U.S. airlines who complained that …

Antoine Antoniol | Bloomberg | Getty Images A sign with the BNP Paribas logo hangs above one of the bank’s branches in Paris, France. The Federal Reserve Board said Monday that it will fine BNP Paribas and some subsidiaries $246 million for their “unsafe and unsound practices in the foreign …

Wall Street could see a pullback of 3 to 5 percent next month, strategist Katie Stockton told CNBC on Monday. “[It] depends on where support is at the time at which we’re looking for that pullback,” the chief technical strategist at BTIG said. “Right now, support for the S&P 500 …

Chris McGrath / Getty Images Istanbul, July 15 2017: People chant slogans and wave flags at the first anniversary of the July 15, 2016 failed coup attempt. And that’s done little to heal the nation’s divisive political environment. Over the weekend, several hundred thousand Turks took to the streets in …

VCG | Getty Images A gold figure of Winnie The Pooh is displayed inside a glass cabinet at a jewelry store on March 22, 2012 in Chengdu, China. Winnie the Pooh has been blacked out from Chinese social media in the lead-up to the country’s 19th Communist Party Congress this …

This year has been one of the quietest on record for the markets in terms of big and swift moves. Yet if history is an indication, volatility could soon rear its ugly head. According to LPL Financial’s Ryan Detrick, the CBOE Volatility Index, or VIX, has averaged a reading of …

Matt Cardy | Getty Images British Prime Minister Theresa May meets U.S President Donald Trump during the G20 summit on July 8, 2017 in Hamburg, Germany. President Donald Trump reportedly urged U.K. Prime Minister Theresa May to ensure he gets a warm welcome in Britain for his state visit—warning that …

Lawrence Lucier | Getty Images Muppet Kermit the Frog and his operator Steve Whitmire take questions from the audience at Barnes & Noble Lincoln Triangle on November 14, 2003,in New York City. It isn’t easy being green. But no longer being green is apparently even harder. Steve Whitmire, the puppeteer …

Thomas Coex | AFP | Getty Images The sun sets over Jerusalem’s Old City on July 8, 2017, as seen from the Mount of Olives. Three attackers opened fire near Jerusalem’s holiest site on Friday, wounding three Israelis, two of them critically, before they were killed, Israeli police said. Army …