Last week’s plunge in oil prices — the worst weekly decline for U.S. crude in two years — may herald a temporary reprieve for the battered commodity if historical trends hold up in the coming weeks. U.S. West Texas Intermediate crude futures declined in every session last week, ultimately finishing …

Andrew Harrer | Bloomberg | Getty Images The Uber application on a smartphone during an Uber ride in Washington, D.C. In an effort to combat drowsy driving, Uber announced today that it would require its most frequent drivers to take six-hour breaks after driving for 12 hours straight. Uber is …

U.S. stocks may take some time to recover from their violent plunge in the last two weeks, if history is any guide. The S&P 500 dropped 10 percent into correction territory in just nine trading days, the fastest on record (outside of market crashes), according to Ryan Detrick, senior market …

One of Wall Street’s most experienced analysts says the equity market is “bottoming out” and recommends investors take a hard look at financial stocks. The so-called godfather of technical analysis, Ralph Acampora, shared his views on last week’s big equity sell-off in a series of tweets Monday morning. “Expect more …

George Waldman | Bloomberg | Getty Images Ford Ranger pickup trucks are seen at a dealership in Detroit, January 20, 2006. Ford and U.S. safety regulators are telling the owners of 33,428 Ranger pickup trucks in North America not to drive them because they have Takata air bag inflators “that …

Market participants called the trader “50 Cent” due to his or her penchant for paying a fixed 50 cents on 50,000 VIX contract call options trades. The “50 Cents” moniker is in reference to the American rapper Curtis James Jackson’s nickname. Call options are derivatives instruments, betting on a price …

Lindsey Wasson | Reuters Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. Amazon is laying off hundreds of employees and “managing out” others as the company consolidates its retail operations and expands tech …

Getty Images Environmental Protection Agency Administrator Scott Pruitt testifies before the House Energy and Commerce Committee about the mission of the U.S. Environmental Protection Agency on December 7, 2017 in Washington, DC. The travel costs of the Environmental Protection Agency’s chief came under fresh scrutiny this week after a watchdog …

Christophe Morin | Bloomberg | Getty Images Robert ‘Bob’ Dudley, chief executive officer of BP Plc. BP Chief Executive Bob Dudley said Monday that he was “very comfortable” with oil prices at their current levels. “I think it got over $70, I think $72 a few weeks ago, that felt …

Thom Baur | Reuters A SpaceX Falcon Heavy rocket lifts off from historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. SpaceX is even further out in front of the rest of the space industry than previously thought, according to CEO Elon …