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Stay informed with the latest market news and analysis about XLE
2024-11-22
Trump Taps Investor Scott Bessent as Treasury Secretary
Nov 22, 2024, 6:41 PM
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.
2024-11-19
Trump nominates Howard Lutnick as commerce secretary
Nov 19, 2024, 11:32 AM
President-elect Trump nominated Cantor Fitzgerald CEO Howard Lutnick to serve as commerce secretary, a source familiar with the process confirmed to Fox News Digital.
Trump Picks Howard Lutnick for Commerce Secretary
Nov 19, 2024, 2:23 PM
The billionaire executive and leader of President-elect Donald J. Trump’s transition team will be charged with promoting U.S. industry and overseeing technology controls on China.
2024-11-18
Stock market today: S&P 500, Nasdaq climb as Tesla jumps, Nvidia earnings loom
Nov 18, 2024, 4:45 PM
Investors are looking ahead to Nvidia earnings to test the health of the AI trade, as optimism for rate cuts fades.
Energy prices forecast to rise again in January
Nov 18, 2024, 1:54 AM
The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.
2024-11-15
Stocks Slide as Fed Rate-Cut Bets Pared Back: Markets Wrap
Nov 15, 2024, 3:36 AM
(Bloomberg) -- European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe Stoxx 600 slipped 0
2024-11-14
The House now belongs to the GOP. Here's what party leaders say they'll do first.
Nov 14, 2024, 4:47 AM
The House of Representatives is likely to again be under GOP rule next year, cementing a unified control of power across Washington in 2025.
2024-11-12
Betting markets suggest Trump will pick pro-crypto adviser to lead Treasury
Nov 12, 2024, 11:31 AM
President-elect Trump is in the process of making nominations to fill out his Cabinet, and betting markets have identified a clear front-runner for the Treasury secretary role.
How Trump's second White House term could impact the economy
Nov 12, 2024, 6:00 AM
President-elect Trump's economic agenda for his second term in the White House will include some old and new policies compared to his first administration.
2024-11-08
The progressive dream is dead
Nov 8, 2024, 10:06 AM
Democrats' liberal wing has wrecked the party, and the nation suffers for it.
2024-11-06
Who might Trump pick to serve as Treasury secretary?
Nov 6, 2024, 5:20 PM
President-elect Trump will soon begin announcing nominees to key cabinet positions, and his Treasury secretary pick will play a key role in advancing his economic agenda.
Economist uncovers the 'crazy stuff' that Americans could find out after the election
Nov 6, 2024, 4:00 AM
One Heritage Foundation economist was asked about the "terrifying things" that could happen to the U.S. economy after the election. He gave an ominous answer.
2024-11-04
Stock market today: Dow leads stocks lower as Wall Street braces for Election Day
Nov 4, 2024, 4:06 PM
Investors are bracing for a week of potentially huge market-moving events — the presidential election and the Federal Reserve policy decision.
Stock market today: Dow, S&P 500, Nasdaq slip as Wall Street braces for Election Day
Nov 4, 2024, 3:03 PM
Investors are bracing for a week of potentially huge market-moving events — the presidential election and the Federal Reserve policy decision.
Stock market today: Dow, S&P 500, Nasdaq waver as Wall Street braces for Election Day
Nov 4, 2024, 3:07 PM
Investors are bracing for a week of potentially huge market-moving events — the presidential election and the Federal Reserve policy decision.
Stock market today: Dow, S&P 500, Nasdaq slip as Iowa surprise dents Trump trade
Nov 4, 2024, 9:47 AM
Investors are bracing for a week of potentially huge market-moving events — the presidential election and the Federal Reserve policy decision.
Stock market today: Dow, S&P 500, Nasdaq waver as Iowa surprise dents Trump trade
Nov 4, 2024, 9:31 AM
Investors are bracing for a week of potentially huge market-moving events — the presidential election and the Federal Reserve policy decision.
2024-10-28
Oil prices plunge after Israel's limited retaliatory attack on Iran
Oct 28, 2024, 10:08 AM
Oil prices fell by over 6% after on Monday after Israel's retaliatory strike on Iran didn't hit oil or nuclear facilities that could've impacted the energy sector.
2024-10-22
Stock market today: Dow, Nasdaq, S&P 500 recover from lows as Treasury yields hit highest level since July
Oct 22, 2024, 2:39 PM
Stocks are eyeing a second day of losses as investors rethink the outlook for interest rate cuts over the next year.
2024-10-21
Stock market today: Dow slips as S&P 500, Nasdaq wobble with flood of earnings ahead
Oct 21, 2024, 9:34 AM
Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
2024-10-18
Trump's plan to take heat off mom-and-pop pockets: Cut major utility bill by half 'immediately'
Oct 18, 2024, 12:27 PM
Donald Trump is vowing to cut energy costs and gas appliances by 50% if he's reelected to a second term, in a Friday sit-down interview on "Fox & Friends."
2024-10-16
Oil could fall to $25 per barrel by 2050 if net zero emissions goals met, IEA says
Oct 16, 2024, 2:32 PM
The IEA sees cheaper energy prices in the future as oil gets displaced by EVs and renewables meet growing electricity demand.
2024-10-15
Stock market today: S&P 500 holds near record high with big bank earnings in focus
Oct 15, 2024, 11:08 AM
As a fresh wave of earnings rolls in, hopes are for further positive surprises.
2024-10-10
Dozens of UK-linked firms suspected of busting Russian oil sanctions
Oct 10, 2024, 8:09 PM
The government is investigating 37 companies - but has yet to hand out any fines, the BBC discovers.
2024-10-08
Stock market today: S&P 500, Nasdaq climb as oil prices retreat
Oct 8, 2024, 10:35 AM
The focus is back on the ongoing debate over the economy and interest rates as headwinds ease.
Fox News senior strategic analyst Gen. Jack Keane (ret.) discusses the latest developments coming out of the Middle East.
2024-10-07
S&P 500 futures edge higher after stocks pull back to start new week: Live updates
Oct 7, 2024, 6:01 PM
The three major indexes finished Monday's session in the red.
Stock market today: Dow, S&P 500, Nasdaq slide as 10-year Treasury yield, oil jump
Oct 7, 2024, 2:58 PM
Investors have overhauled their views on interest rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season.
Retired U.S. Army veteran Lt. Col. Darin Gaub discusses how Middle East conflict will impact oil prices on 'Cavuto: Coast to Coast.'
Fears of a Global Oil Shock if the Mideast Crisis Intensifies
Oct 7, 2024, 10:02 AM
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
Stock market today: Dow, S&P 500, Nasdaq slip as investors rethink rate-cut bets
Oct 7, 2024, 9:38 AM
Investors have overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season .
Gatestone Institute senior fellow Gordon Chang discusses China's support for Iran, Goldman upgrading China equities to overweight, the CCP demanding that teachers hand in their passports and the adversary's rising aggression.
Fox News contributor and former CIA station chief Daniel Hoffman reflects on one year since Hamas' attack on Israel and details 'a lot at play' for continuing conflict in the Middle East.
2024-10-05
What an Escalating Middle East Conflict Could Mean for the Global Economy
Oct 5, 2024, 8:34 AM
The biggest risk is a sustained increase in oil prices.
2024-10-04
FOX Business contributor Phil Flynn reacts to rising oil prices amid Middle East tensions on 'The Bottom Line.'
How worried should I be about rising oil prices?
Oct 4, 2024, 1:54 PM
As the conflict across the Middle East widens, rising oil prices are being closely watched.
Stock market today: US futures edge higher as investors gear up for key jobs report
Oct 4, 2024, 7:26 AM
Investors braced for a key monthly jobs report, with the Middle East crisis and a return to work at US ports also in high focus.
2024-10-03
Stock market today: Dow leads declines ahead of jobs report, oil surges 5% as Mideast focus intensifies
Oct 3, 2024, 4:12 PM
With the jobs report a day away, the focus is tentatively turning back to the economy, pushing Mideast worries to the background.
Stock market today: Dow leads declines ahead of jobs report, oil surges 5% as Mideast focus intensifies
Oct 3, 2024, 4:02 PM
With the jobs report a day away, the focus is tentatively turning back to the economy, pushing Mideast worries to the background.
U.S. Faces Economic Turbulence Just as Recession Fears Eased
Oct 3, 2024, 12:21 PM
War in the Middle East, the port workers strike and a devastating hurricane have injected uncertainty into the U.S. economy.
Rep. Scott Perry, R-Pa., breaks down the Biden administration’s approach to the Israel-Hamas war as tensions in the Middle East continue to rise.
Federated Hermes Chief Equity Market Strategist Phil Orlando discusses the oil market, the Federal Reserve's rate cut, and the inflationary impact of the port strikes.
2024-10-02
Stock market today: Stocks edge higher amid Mideast caution, Tesla slips after deliveries fall short
Oct 2, 2024, 4:02 PM
Escalating Israel-Iran tensions fanned worries about a wider Middle East conflict, prompting caution.
Lucas Oil CEO Morgan Lucas discusses the impact of the Middle East conflict on oil, the demand for crude oil and automation being at the helm of the port worker strike.
United Refining Company and Red Apple Group Chairman & CEO John Catsimitidis discusses Biden's non-intervention in the port strikes and explains how it will spike inflation and raise food and oil prices.
Stock market today: Stocks slip as Mideast caution grips investors
Oct 2, 2024, 9:34 AM
Escalating Israel-Iran tensions fanned worries about a wider Middle East conflict, prompting caution.
Iran-Israel Fighting May Cause Oil Prices to Jump, Analysts Warn
Oct 2, 2024, 8:38 AM
An escalation of fighting between Israel and Iran could cause oil prices to spike and send a chill through the global economy.
Prolonged port strike could shake up the oil and gas industry, experts say
Oct 2, 2024, 8:06 AM
The Department of Energy says the ongoing strikes at U.S. ports will not impact the imports and experts of crude oil or natural gas, but experts warn the industry could take a hit.
Stock market today: Dow leads slip in US futures as Mideast caution grips investors
Oct 2, 2024, 7:16 AM
Escalating Israel-Iran tensions fanned worries about a wider Middle East conflict, prompting caution.
Stocks Steady in Nervy Wait for Israel Response: Markets Wrap
Oct 2, 2024, 5:36 AM
(Bloomberg) -- Stocks posted small moves and bonds steadied as flaring tensions in the Middle East put markets in a wait-and-see mode. Oil rose and gold hovered near a record. Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA Housing Crisis Brews in Rwanda’s Capital CityNew Rowhouses in London That Offer a Bridge to the 19th CenturyClimate Migrants Stand to Overwhelm World’s MegacitiesWith trad
2024-10-01
Commentary: A wider Middle East war doesn’t have to mean higher oil and gas prices
Oct 1, 2024, 5:48 PM
Through countless wars and skirmishes in the Middle East, the oil has kept on flowing.
Piper Sandler managing director and senior economist Jake Oubina joins 'Making Money' to discuss the impact of Iran's missile attack against Israel on the U.S. economy.
Stock market today: Nasdaq leads stock declines while oil spikes on Iran attack
Oct 1, 2024, 1:29 PM
US stocks sold off on Tuesday after Iran fired over 100 ballistic missiles against Israel.
Stock market today: Nasdaq leads stock declines after mixed jobs and economic data, oil spikes on Iran reports
Oct 1, 2024, 10:51 AM
Investors are looking to job openings and manufacturing data to provide clues to rate cuts as they digest Powell's latest comments.
Stock market today: Nasdaq leads stock declines after mixed jobs and economic data, oil spikes on Iran reports
Oct 1, 2024, 10:51 AM
Investors are looking to job openings and manufacturing data to provide clues to rate cuts as they digest Powell's latest comments.
2024-09-30
Retired U.S. Air Force Lt. Gen. David Deptula provides a military analysis as reports surface that an Israeli incursion into Lebanon is 'imminent.'
Fox News chief foreign correspondent Trey Yingst reports from Haifa, Israel, where IDF forces continue to launch airstrikes in Lebanon, and details his new book 'Black Saturday.'
2024-09-27
Deal to Reopen Libya’s Central Bank Eases Fears of Fighting
Sep 27, 2024, 8:42 AM
A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions.
2024-09-26
Howard Lutnick makes the argument for a Trump economy: Harris 'will literally kill' American business
Sep 26, 2024, 4:00 PM
Cantor Fitzgerald CEO Howard Lutnick argues Trump's tariff and tax plan was "amazing" for the U.S. economy while Kamala Harris' campaign platform "will literally kill" capitalism.
2024-09-25
RAC says petrol prices fall to three-year low
Sep 25, 2024, 10:10 AM
Lower global oil prices and a stronger pound were the main reasons prices had fallen, the RAC says.
2024-09-24
Great British Energy: What does it mean for Scotland and Aberdeen?
Sep 24, 2024, 10:22 AM
The prime minister has confirmed the state-owned energy company is coming to Aberdeen but many questions remain.
Fox News senior strategic analyst Gen. Jack Keane (ret.) explains why the U.S. is sending more troops to the Middle East as the Israel war continues and discusses the latest news from the Ukraine war.
2024-09-20
Cameron Energy's Arthur Stewart, Tyler Martin and Independent Women's Forum Center for Energy and Conservation director Gabriella Hoffman talk to Fox News Digital about the industry's top concerns ahead of the presidential election.
Energy workers in key swing state fear a Harris presidency: 'Nobody believes' what she says
Sep 20, 2024, 4:00 AM
Pennsylvania energy workers told Fox News they believe the vice president is 'saying whatever she can' to get votes after her fracking flip-flop.
2024-09-19
Sen. Bill Hagerty, R-Tenn., argues that the Democrats condemning Israel has to do with appeasing the far-left sector of the Party.
2024-09-17
Business Insider investing correspondent Laila Maidan discusses the market rally ahead of the Fed's highly anticipated rate decision and why some investors are concerned over a potential Harris presidency.
2024-09-16
Are Voters Feeling Better About the Economy?
Sep 16, 2024, 7:57 AM
After another tumultuous weekend in the presidential campaign, Americans are still largely focused on their finances, new surveys show. That could give an edge to Vice President Kamala Harris.
2024-09-15
Few think Trump's plans for tariffs or more oil drilling will work
Sep 15, 2024, 10:30 AM
A series of appearances in recent weeks have solidified a truism about former President Donald Trump: Nearly every economic challenge, from deficits to the social safety net, can seemingly be solved with more oil drilling or new tariffs.
2024-09-13
Potomac Wealth Advisors President & founder Mark Avallone provides his thoughts on the stock market as well as what the impact could be from the election.
2024-09-12
Stock market today: S&P 500, Nasdaq futures hold steady in wait for more inflation data
Sep 12, 2024, 7:05 AM
Wholesale inflation and jobless data set the stage for a Fed rate cut next week.
2024-09-11
How do consumer prices compare in the Biden era with the Trump era 4 years ago?
Sep 11, 2024, 12:46 PM
Voters are focused on the economy as Election Day on Nov. 5 approaches and American households continue to face strained budgets because of inflationary pressures in recent years.
Newman: Kamala Harris has flip-flopped. Good for her.
Sep 11, 2024, 12:41 PM
Kamala Harris is changing her policies to better align with what voters want. Maybe that's a good thing.
Stocks swing after inflation data, Harris-Trump debate
Sep 11, 2024, 11:20 AM
Stocks saw big swings as investors parse the outcome of the Trump-Harris debate as well as fresh inflation data ahead of the Federal Reserve's meeting on Sept. 18.
Newman: Kamala Harris has flip-flopped. Good for her
Sep 11, 2024, 12:41 PM
Kamala Harris is changing her policies to better align with what voters want. Maybe that's a good thing.
Gas Prices Are Falling, a Win in Fight Against Inflation
Sep 11, 2024, 6:14 AM
A gallon of regular gasoline in August was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand.
2024-09-10
Oil sinks to lowest levels since 2021
Sep 10, 2024, 2:52 PM
Oil prices resumed their downward trend, hovering near 52-week lows amid weak demand.
Tech leads S&P, Nasdaq higher as banks drag on Dow
Sep 10, 2024, 4:06 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: Nasdaq rises, Dow falls in whipsaw trading action as inflation report looms
Sep 10, 2024, 3:00 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: Stocks fall in whipsaw trading action as inflation report looms
Sep 10, 2024, 12:31 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Sep 10, 2024, 12:02 PM
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
Stock market today: Nasdaq edges higher, Dow falls as inflation report looms
Sep 10, 2024, 11:02 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: S&P 500, Dow futures waver as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: S&P 500, Dow futures slip as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: S&P 500, Dow poised to lose hold of hefty gains as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
2024-09-09
Stock market today: Dow, S&P 500 rise as stocks mount a comeback from deep losses
Sep 9, 2024, 9:32 AM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
2024-09-06
Harris Financial Group managing partner Jamie Cox provides his expectations for a rate cut, monetary policy and his outlook on oil prices.
2024-09-05
OPEC Plus Delays Plan to Increase Oil Output
Sep 5, 2024, 3:16 PM
OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States, are expected to continue to increase production.
2024-09-04
Wall Street Journal main street columnist Bill McGurn assesses the 2024 race, Harris' 'opportunity economy,' the minimum wage debate and the vice president's 'fake' accent during her Detroit speech.
2024-09-03
The S&P 500 fell more than 2 percent on Tuesday, its biggest single-day drop since an early August meltdown.
Judge's ruling could end Gulf oil production: 'Death by a thousand cuts,' senator warns
Sep 3, 2024, 9:45 AM
Louisiana Sen. Bill Cassidy, responding to a Wall Street Journal report, tore into a federal judge's decision that could halt offshore drilling in the Gulf of Mexico later this year.
Former State Department official Christian Whiton and Price Futures Group senior analyst Phil Flynn discuss Biden's response to the murder of Israeli hostages and the impact of Mideast tensions on oil prices.
Stuart Varney: Kamala Harris' fracking promises ring hollow
Sep 3, 2024, 8:24 AM
FOX Business' Stuart Varney discussed Kamala Harris' reversal on fracking and explained how 'the greens' are using the court system to kill fossil fuels production.
Sen. Bill Cassidy, R-La., explains how climate activists use the courts to interfere with offshore drilling and hold up LNG projects on 'Varney & Co.'
2024-08-30
Why Oil Prices Remain Subdued
Aug 30, 2024, 1:32 PM
Despite war in the Middle East and political turmoil in Libya, investors are focusing on what look like ample global supplies.
VP Harris: 'As president, I will not ban fracking'
Aug 30, 2024, 12:57 PM
"As vice president, I did not ban fracking. As president, I will not ban fracking," Harris told CNN during an interview on Thursday.
Thru the Cycle President John Lonski reacts to Kamala Harris blaming Trump for mismanaging the economy during her CNN interview on 'Varney & Co.'
2024-08-29
Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia shares
Aug 29, 2024, 12:02 PM
The dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
Nasdaq surges as market weighs GDP print, Nvidia earnings
Aug 29, 2024, 10:09 AM
The dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
2024-08-26
Dow closes at record high, S&P 500, Nasdaq slide as tech lags
Aug 26, 2024, 4:01 PM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Stock market today: S&P 500, Nasdaq slump as Nvidia struggles ahead of earnings
Aug 26, 2024, 12:02 PM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.