Worried About Getting Audited? Here Are Red Flags for the IRS.

Even though the Internal Revenue Service is auditing fewer taxpayers these days, you still don’t want to put a target on your back. Among those more likely to get audited: Small-business owners with l...

Here is how a new Cold War may impact the U.S. economy

Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly resulted in nuclear warfare. Today, experts say, the U.S. and its old foe, now Russia, are headed into ano...

How Putin’s War Made These 3 Fertilizer Producers Hot Stocks

Illustration by Elias Stein Text size Since Russia invaded Ukraine, shares of Saskatoon, Canada’s Nutrien , the Western Hemisphere’s top fertilizer maker, have climbed 37%. The Energy Select Sector SP...

Why Housing May Not Get as Hammered as Usual in This Rate Hike Cycle

Traditional home buyers are sure to be pinched by rising mortgage rates, but better-financed investors could keep prices rising. Here, a home for sale in Houston last summer. Brandon Bell/Getty Images...

U.S.-Europe Deal on LNG Has a Few Holes. These Stocks Should Still Benefit.

Text size A cargo ship transporting liquefied natural gas. Dreamstime The U.S. and Europe have agreed to a deal in principle that would ensure a steady stream of U.S. liquefied natural gas is sent to ...

Opinion: What would it take for U.S. oil companies to ramp up production? A lot.

Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, frackers show little interest in ramping up output. Companies including Devon Energy DVN, +1.56%, EOG Re...

Discount airfares rising thanks to higher fuel costs, demand, Frontier CEO says

Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what tr...

Pot Stocks Surge As Marijuana Legalization Bill Nears House Vote

Updated at 9:55 am EST U.S.-listed cannabis stocks surged higher Friday following a report that suggested lawmakers could vote on legislation that would legalize the use of marijuana nationwide as ear...

Sen. Tammy Baldwin urges Kohl’s to reject bids threatening jobs in Wisconsin

A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy...

FAA will keep ‘zero tolerance’ policy toward unruly passengers, outgoing chief says

Federal Aviation Administration chief Steve Dickson said Friday that the agency’s “zero tolerance” policy toward unruly passengers will continue, even though reports of bad behavior ...

Treasury Secretary Yellen says Russian oligarch Abramovich ‘could face sanctions’ by U.S.

Chelsea owner Roman Abramovich looks on after their 3-1 win in the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason ...

Texas Survey Shows Why Oil Producers Aren’t Drilling More

Text size The Federal Reserve Bank of Dallas surveyed 141 oil and gas firms in the 11th Fed District, which includes Texas and parts of New Mexico and Louisiana. Spencer Platt/Getty Images Oil and gas...

Russian Stock Market Rises After Closing for a Month

Text size Stocks in Russia, closed since the end of February following the invasion of Ukraine, began trading again Thursday. Matthew Stockman/Getty Images The Russian stock market, which has been clo...

How the U.S. and allies can freeze Russian gold

The U.S. and its allies said Thursday they’re moving to block financial transactions with Russia’s Central Bank that involve gold, aiming to further restrict the country’s ability to use its internati...

A Russian oil-sparked U.S. recession? This is how it could happen

A global recession “seems unavoidable” if sanctions on Russia keep most of its oil and natural gas off international markets for the rest of 2022. That’s what a pair of researchers at the Dallas Feder...

Trump is guilty of numerous felonies, prosecutor told Manhattan DA

One of two top prosecutors who resigned over the Manhattan District Attorney’s alleged decision to stop heading toward indicting former President Donald Trump for crimes said in a bombshell resi...

Opinion: The Trust Act is not the way to fix Social Security

Last month, I was invited to a forum on “Trust Fund Solutions,” which means Sen. Mitt Romney (R-Utah) is still pushing his TRUST Act. One of the bill’s co-sponsors — Sen. Angus King (I-Maine) — also a...

Russia oligarch Abramovich’s superyachts evade sanctions

Eclipse, the private luxury yacht of Russian billionaire Roman Abramovich, anchors at Cruise Port in Marmaris district of Mugla, Turkey on March 22, 2022. Anadolu Agency | Anadolu Agency | Getty Image...

Fertilizer Stocks Soar on Putin’s War. Proceed With Caution.

Text size Nutrien’s potash mine in Saskatoon, Canada. Potash fertilizer prices have soared by three-quarters this year. James MacDonald/Bloomberg Haven’t earned enough on your oil stocks since R...

Omicron BA.2 subvariant will soon dominate in U.S., but Fauci doesn’t expect another surge

Dr. Anthony Fauci speaks about the Omicron coronavirus variant during a press briefing at the White House in Washington, December 1, 2021. Kevin Lamarque | Reuters Omicron’s more contagious subv...

Alaska Airlines flight attendants get double pay to pick up shifts

A Boeing 737-990operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in the Queens borough of New York City. Bruce Bennett | Getty Images Alaska Airlines is offering flight attend...

Moderna vaccine for young kids up to 44% effective against omicron

With her husband Stephen by her side Erin Shih hugs her children Avery 6, and Aidan, 11, after they got their second Moderna COVID-19 vaccines at Kaiser Permanente Los Angeles Medical Center on Friday...

Buttigieg says DOT will dole out $2.9 billion in infrastructure grants

U.S. Secretary of Transportation Pete Buttigieg speaks to the news media during a press briefing at the White House in Washington, U.S., November 8, 2021. Leah Millis | Reuters Transportation Secretar...

ACGA discusses outlook for U.S.-listed Chinese firms

The delisting of U.S.-listed Chinese stocks may come in the next two to three years, according to Jamie Allen of the Asian Corporate Governance Association. “There doesn’t seem to be a hug...

Vikings owner Mark Wilf aided refugees at Poland border

With the NFL’s annual meetings set for this weekend, Minnesota Vikings co-owner Mark Wilf has more on his mind than just football. Last week, he brought a humanitarian group to the Poland-Ukrain...

Pfizer to supply 4 million Covid antiviral treatments to poorer nations through UNICEF

Paxlovid, a Pfizer’s coronavirus disease (COVID-19) pill, is seen manufactured in Ascoli, Italy, in this undated handout photo obtained by Reuters on November 16, 2021. Pfizer | Handout | via Re...

Here’s what it will take to make stocks a ‘great’ buying opportunity, says this strategist

It was an interesting time for the best weekly gain for Wall Street since late 2020 as the devastating war in Ukraine grinds toward the one-month mark. “Stabilizing stock markets point to less cautiou...

FDA advisory committee to discuss future of Covid boosters

A nurses fills up syringes for patients as they receive their coronavirus disease (COVID-19) booster vaccination during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, September 29, 2021...

Ashton Kutcher and Mila Kunis raise over $34 million for Ukraine aid

Actors Ashton Kutcher and Mila Kunis attend the game between the Los Angeles Dodgers and the Oakland Athletics at Dodger Stadium on April 11, 2018 in Los Angeles, California. Jayne Kamin-oncea | Getty...

Food Prices Keep Going Up. The Impact May Be Felt Far Beyond the Supermarket.

An economic maelstrom is brewing. A few months ago, it cost Rachel Lee about $150 to buy two weeks of groceries for her family of four. Lately, she says, it takes almost $100 more to buy the same food...

Oligarch Roman Abramovich’s $50 million Colorado mansion could become a sanctions target

A Rocky Mountain mansion owned by Russian oligarch Roman Abramovich would likely be among the first assets frozen by the U.S. government if he is sanctioned by the White House in response to the war i...

California slashes supplies to water agencies amid record drought

A cracked lake bed at Nicasio Reservoir during a drought in Nicasio, California, on Wednesday, Oct. 13, 2021. David Paul Morris | Bloomberg | Getty Images California water officials on Friday said the...