Dow Sinks 8% as Sell-Off Slamming Global Markets Deepens

The Associated Press Mar 12, 2020 The economic pain caused by the coronavirus becomes more painfully clear. Dig deeper ( 3 Min. Read )

Global Markets Fall Sharply as Virus Cases Spread Past Asia

DAMIAN J. TROISE / The Associated Press Feb 24, 2020 The viral outbreak is threatening to crimp worldwide economic growth and hurt profits and revenue for a wide range of businesses. Dig deeper ( 4 Min. Read )

Stocks Close Out Best Year Since 2013; S&P 500 Soars 28.9%

ALEX VEIGA / The Associated Press Dec 31, 2019 The three major indexes set more record highs than in 2018 and kept the longest bull market for stocks going. Dig deeper ( 4 Min. Read )

Paul Volcker’s Long Shadow

Ellen Brown / Truthdig Dec 11, 2019 The former Fed chairman’s obituaries leave out how his policies devastated lives in the 1980s and underwrote the 2008 financial crisis. Dig deeper ( 8 Min. Read )

Investors Return to Saudi Arabia as Lucrative Oil IPO Looms

JON GAMBRELL / The Associated Press Oct 28, 2019 Attendance at last year's investment forum was overshadowed by the assassination of Washington Post columnist Jamal Khashoggi. Dig deeper ( 4 Min. Read )

Dow Climbs Above 25,000 for the First Time

MARLEY JAY / The Associated Press Jan 4, 2018 The new mark comes just five weeks after 24,000 was reached in an eight-year rally that continues to confound skeptics. Dig deeper ( 4 Min. Read )

Tillerson Calls on China, Russia to Increase N. Korea Pressure

The Associated Press Dec 15, 2017 Secretary of State Rex Tillerson wants China and Russia to go beyond the full implementation of U.N. sanctions against North Korea. Dig deeper ( 1 Min. Read )

‘Bomb Train’ Derailment Sparks Fire in Columbia River Gorge (Video)

Staff / Truthdig Jun 4, 2016 “Moving oil by rail constantly puts our communities and environment at risk,” a lawyer for an environmental group commented. Dig deeper ( 1 Min. Read )

Obama Poised to Veto Keystone Pipeline Legislation

Kasia Anderson / Truthdig Jan 7, 2015 He might be viewed by some as a lame duck cornered by an antagonistic Congress eager to shut him down, but President Obama is apparently still willing to flex his executive powers when it comes to the proposed Keystone XL pipeline that would stretch from the U.S.-Canadian border to the Gulf of Mexico. Dig deeper ( 1 Min. Read )

Fighting a Shell Game in the Arctic

Staff / Truthdig Jan 24, 2010 A legal challenge by environmental and indigenous Alaskan groups may dampen Shell Oil's chances of drilling for billions of barrels of oil in the U.S. portion of the Arctic's Chukchi Sea. It's feared the controversial plan could spell disaster for endangered species as well as increase global warming. Dig deeper ( 1 Min. Read )

Venezuela’s Whopping Oil Reserves

Staff / Truthdig Jan 23, 2010 A new assessment by the U.S. Geological Survey says that Venezuela's oil reserves could be double those of Saudi Arabia, a finding that could significantly alter the world's geopolitical stage and crude oil market. Dig deeper ( 1 Min. Read )

Study: Oil Company Profits, Not Crude Prices, Are Pumping Gas Prices

Staff / Truthdig Apr 21, 2006 Corporate profiteering--not increased crude oil prices, not ethanol switch-overs--is responsible for recent gas price increases in California, according to an independent watchdog group. Sounds like Enron all over again. Dig deeper ( 1 Min. Read )