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| Rising Oil and Gas Prices Add to US Economic Challenges Indeed, energy experts said the recent jump in oil prices had more to do with global economic and geopolitical forces than with domestic policies. Global energy demand slumped when the pandemic hit last year, eventually leading OPEC and its allies to cut ... | |
| Bitcoin Fraud Concerns Draw Scrutiny From Regulators The catch: no single regulator inspects crypto exchanges or brokers, unlike in the securities and derivatives markets. Regulators step in only when they believe U.S. law applies to a particular cryptocurrency or transaction, based on the way the asset was sold or ... | |
| Behind the Clash at OPEC: Growing Competition in the Gulf The fighting between the United Arab Emirates and Saudi Arabia that emerged in recent days over oil production had been brewing for months, if not years. A seven-member federation of states on the Persian Gulf, the Emirates is pursuing ambitious plans to ... | |
| Oil, Gas Stock ETFs Are Attracting Most Money in a Decade Money is flowing into exchange-traded funds focused on U.S. oil and gas stocks at the highest rate in a decade, yet another sign of renewed investor interest in the shale industry. Almost $18 billion has poured into U.S. energy-stocks ETFs so far in 2021, more ... | |
| Business Highlights: JEDI cancellation, teens filling jobs WASHINGTON — The Pentagon said it has canceled a cloud-computing contract with Microsoft that could eventually have been worth $10 billion. It will instead pursue a deal with both Microsoft and Amazon and possibly other cloud service providers. | |
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| Federal prosecutors won't retry former Wilmington Trust execs DOVER, Del. — After being dealt a stunning setback by an appeals court, federal prosecutors in Delaware have declined to retry four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout ... | |
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