America's most powerful oil lobby is changing its tune on a carbon tax

The oil industry's most powerful lobbying group announced Thursday that for the first time it will support setting a price on carbon, a significant shift that underlines intensifying pressure on Washington and business to tackle the climate crisis.

News: What you need to know about the markets     America's most powerful oil lobby is changing its tune on a carbon tax The oil industry's most powerful lobbying group announced Thursday that for the first time it will support setting a price on carbon, a significant shift that underlines intensifying pressure on Washington and business to tackle the climate crisis. Read more »   GameStop, AMC and other meme stocks are meming again Meme stocks were back in business Thursday, as investors bought up shares of GameStop, boosting other Reddit-favorite stocks along with it. Read more »   Here's why Cathie Wood and Kevin O'Leary are still bullish on growth stocks Tech stocks have taken a hit lately as investors continue to seek comfort in banks, big oil and other value sectors. But some fans of trendy momentum stocks aren't giving up on them just yet. Read more »   Slack CEO apologizes for his unforced error Slack CEO Stewart Butterfield knows he screwed up. Read more »   Unemployment claims fell to a pandemic low. But there's still a jobs crisis in America Here's the best worst news you'll hear all week: Unemployment claims fell to a pandemic low. But they're still higher than at any point during the Great Recession. Read more »   $300 a day for a Kia Rio. Why rental cars prices have gone insane Here's what you need to know if you're planning on a spring break trip to Orlando next week: Renting a car -- if you can find one -- could cost you at least $300 a day. That's possibly more than you'll spend for air fare, hotel rooms or tickets to theme parks. Read more »

Dow Nasdaq S&P +199.42   +15.79   +20.38 32,619.48   12,977.68   3,909.52 +0.62%   +0.12%   +0.52% YTD +6.58%   YTD +0.69%   YTD +4.09%

Biggest Winners Darden Restaurants Inc +8.19%   Gap Inc +5.01%   Westrock Co +4.94%   Comerica Inc +4.84% Biggest Losers Nike Inc -3.39%   MSCI Inc -2.83%   Baker Hughes Co -2.45%   Resmed Inc -2.42%

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Key Market Stats Latest Today's Change Oil $58.43 -0.13 / -0.22% Gold $1,726.40 +1.30 / +0.08% 10-yr 1.61% 0.00 Euro $1.18 -0.00 / -0.42%

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