Oil prices are finally falling. Thank China and Joe Biden

The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who need to fill up their tanks. Just a few days back, gas prices in California hit their highest level ever. This week, however, some of the pressure has started to lift.

News: What you need to know about the markets     Oil prices are finally falling. Thank China and Joe Biden The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who need to fill up their tanks. Just a few days back, gas prices in California hit their highest level ever. This week, however, some of the pressure has started to lift. Read more »   A group of crypto investors is trying to buy a copy of the Constitution — for $40 miliion A group of cryptocurrency investors is taking the notion "We the people" from the US Constitution to the next level. They are actually pooling money to try to buy a rare copy of the document — and they claim to have raised $40 million to do so. Read more »   Trump SPAC must be investigated, Elizabeth Warren demands Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell company that is facilitating former President Donald Trump's return to Wall Street. Read more »   Inflation is coming for your cup of coffee next Not even coffee is immune to the powerful forces of extreme weather and inflation. Read more »   CVS is closing 900 stores CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to the changing of "consumer buying patterns." Read more »   Nearly half of Victoria's Secret's holiday products are stuck in transit Victoria's Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly approaches and gift shopping speeds up. Read more »

Dow Nasdaq S&P -60.10   +72.14   +15.87 35,870.95   15,993.71   4,704.54 -0.17%   +0.45%   +0.34% YTD +17.20%   YTD +24.09%   YTD +25.25%

Biggest Winners Bath & Body Works Inc +5.27%   Gap Inc +4.38%   CF Industries Holdings Inc +3.51%   CVS Health Corp +2.81% Biggest Losers Organon & Co -4.10%   Twitter Inc -3.97%   General Motors Co -3.53%   Nielsen Holdings PLC -3.38%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $78.81 +0.45 / +0.57% Gold $1,860.30 -9.90 / -0.53% 10-yr 1.59% -0.01 Euro $1.14 +0.01 / +0.50%

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