Oil in longest bear market in over 30 years

West Texas Intermediate Crude (WTI), the grade of crude oil used as a benchmark for pricing in energy markets, ended this Friday down again; closing at $59.87. This marks the tenth consecutive day the benchmark oil price has fallen, heralding the longest continuous decline in oil since 1984. WTI entered bear market territory on Thursday, […]

Deficit shrinks when government is divided — will it happen this time?

The midterm elections are over. Finally. What does that mean? Well, no more commercials, for one thing, but it also might (and the contingency of this prediction cannot be emphasized enough) mean a slow return to fiscal sanity. Historically, budgets tend to stabilize, and deficits tend to shrink, when government is divided. It has been […]

Five veteran-owned groups making the world a better place

Today is Veterans Day, the one day a year where we as a country should come together and celebrate the hard work that the men and women of the armed services do every day to make the world a better place. For many veterans that dedication to service was the motivating factor to join the […]

Virgin Atlantic scrambling to avoid pilot strike, crew deal may be finalized soon

Virgin Atlantic, the UK-based airline, is facing a potential strike by about half of its pilots who argue the airline’s benefits program is unfair. According to a report from Reuters, one of the two pilot’s unions — Professional Pilots Union (PPU) — is currently making initial preparations for a strike vote. Virgin Atlantic, owned jointly […]

What is wrong with Wells Fargo? Scandals, errors, and oversights continue to plague

Certain members of Wells Fargo executive leadership team were likely aware that the company’s auto insurance branch was possibly overcharging customers for years, yet delayed on taking any action to rectify the situation. According to a report from Reuters, the problem was known about for almost four years before the bank decided to end the […]

US sanctions on Iran finally hit and the results are less dramatic than anticipated

The long-awaited sanctions against Iranian oil exports took effect earlier this week on Tuesday, a month after US President Donald Trump announced that he would be withdrawing from the 2015 nuclear deal. The new sanctions have loomed over the oil industry since their announcement, as many experts disagreed on the market ramifications. Although the White […]