Oil Soars To Six-Week Highs Amid Trump Threats, US Production Dip, & 'Tank Bottoms' At Cushing Oil prices extended their rise this morning to six week highs as fighting

President Trump threatened Wednesday to destroy an Iranian bridge or power plant, including in Tehran, each time Iran attacks a ship in the Strait of Hormuz.Why it matters: Trump sent the new threat as he considers both a ceasefire and

France's environment minister will remain in her post despite her disagreement with a bill reintroducing controversial pesticides, given the "urgency" to act on climate change, her team said Wednesday. Monique Barbut had submitted her resignation to President Emmanuel Macron, but

Grocery shoppers have become increasingly selective about where they spend their money. Higher food prices over the past several years have pushed consumers to compare prices more closely. That has created an opening for discount chains. And Aldi appears to

Usually, when a company files for bankruptcy, that filing follows obvious public struggles. When it's a retailer, regular customers notice fewer staff members working and inventory gaps. A restaurant might have similar staffing issues while subbing out higher-quality ingredients for

The US on Wednesday is set to announce a deal with Saudi Arabia that would allow the oil-rich Gulf nation to enrich uranium, according to US media reports. Riyadh has long asserted its right to a civilian nuclear programme, but

JPMorgan Chase just had the most profitable quarter in its history. Second-quarter net income came in at $21.2 billion, powered by a surge in trading revenue and a gain on its Visa stake. The S&P 500 is up close to