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The House passed legislation that would suspend crude deliveries to the U.S. emergency oil stockpile while the price of oil was above $75 a barrel, a move the White House has opposed. Oil traded at a record near $126 a barrel on Tuesday. The Senate approv
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The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure. The bil
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A U.S. historian pleaded guilty on Tuesday to a federal charge stemming from stealing letters penned by former U.S. Presidents George Washington and Abraham Lincoln. Edward Renehan, 51, admitted stealing a March 1, 1840, letter written by Lincoln and two
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The Federal Reserve sees worse economic problems ahead, according to new forecasts from the central bank released Wednesday. But even so, the Fed may be reluctant to cut interest rates any further than it already has, the minutes from its last meeting sho
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In a stroke of cosmic luck, astronomers for the first time witnessed the start of one of the universe’s most fiery events: the end of a star’s life as it exploded into a supernova.
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