The continuing collapse in oil prices signals that investors are worried about a 2019 recession, according to Helima Croft, global head of commodity strategy at RBC Capital Markets. Oil prices have now plunged by about 40 percent from their 52-week highs at the start of October. Last week alone, U.S. West Texas Intermediate crude tumbled […]
Category: Top News
Stores open late for last-minute Christmas shoppers
Stores were filled Sunday with last-minute shoppers looking for the perfect gift just two days before Christmas. And retailers are happy to oblige. Many stores were open late on Sunday and will be open on Monday. Christmas Eve hours vary for several store locations, but below are some stores that will be open: Best Buy […]
Index futures little changed ahead of holiday-shortened week
U.S. equity index futures were little changed late on Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that President Donald Trump has privately discussed firing the head of the U.S. Federal Reserve. In early trading, the benchmark S&P 500’s e-mini futures contract ESv1 was up about 0.1 […]
Two fishermen rescued by cruise ship after 20 days adrift at sea
Two Costa Rican fishermen were rescued in the Caribbean after spending 20 days adrift at sea, Royal Caribbean International’s chief meteorologist said Sunday. The meteorologist, James Van Fleet, said in a statement that strong winds blew the unidentified fishermen away from their gear after they set their nets and fell asleep. They had left from […]
SpaceX closes out year with successful GPS satellite launch
A new era in GPS navigation launched Sunday, when a SpaceX Falcon 9 rocket climbed into orbit with a Lockheed Martin-built satellite designed to beam higher-power positioning, navigation and timing signals around the world, providing military and civilian users with more accurate data that is more resistant to growing jamming threats. The satellite successfully launched […]
Partial government shutdown compounds risks for US economy
Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of risks. The stock market’s persistent fall, growing chaos in the Trump administration, higher interest rates, a U.S.-China trade war and a global slowdown have combined […]
December Solstice 2018! Satellites See the Seasons Change from Space
The December solstice arrived today (Dec. 21), marking the start of winter in the Northern Hemisphere and the first day of summer for the Southern Hemisphere. It’s also the shortest day of the year for those in the Northern Hemisphere, where the sun will now begin to shine a little bit longer by the day. […]
Factbox: Departments affected by partial U.S. government shutdown
Following weeks of talks between President Donald Trump and congressional leaders, parts of the U.S. government shut down on Saturday after negotiators reached an impasse over a deal to keep the government fully funded. At issue was funding for a wall along the country’s southern border with Mexico. The House of Representatives passed a bill […]
Ford recalls nearly 900,000 F-150 pickups after fires
Ford Motor is recalling nearly 900,000 of its F-150 and Super Duty trucks in North America to replace an engine block heater cable due to the risk of fire, the automaker said Friday. Truck owners use the heater cable to warm their engines so they’ll start more efficiently in cold weather. The cable is a […]
Sears weighs 50 to 80 more store closures as challenges mount for Eddie Lampert’s bid to keep the retailer alive
Even as Eddie Lampert is trying to keep Sears alive, the company is preparing for its potential doom. Sears’ chairman, Eddie Lampert, earlier this month unveiled his $4.6 billion proposal to save Sears by buying the company out of bankruptcy through his hedge fund, ESL Investments. Such a deal is likely its last chance at […]
Mars Express orbiter snaps stunning image of Korolev crater
The European Space Agency has released a gorgeous composite image of Mars’ Korolev crater, an 82-kilometer-wide crater situated in the planet’s northern lowlands. The ESA’s Mars Express orbiter snapped pictures of the crater over the course of five orbits, and five “strips” were combined to make this stunning image. The Korolev crater is filled with […]
A big space crash likely made Uranus lopsided
Uranus is a lopsided oddity, the only planet to spin on its side. Scientists now think they know how it got that way: It was pushed over by a rock at least twice as big as Earth. Detailed computer simulations show that an enormous rock crashed into the seventh planet from the sun, said Durham […]