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Oil stocks are the new FAANGs

4 years 5 months ago
Many investors, including Warren Buffett, are betting that higher crude oil prices are here to stay for a while. It's a good wager, thanks to the spike in oil prices from about $75 a barrel at the end of last year to above $100 now. Nearly all of the top performers in the S&P 500 this year are energy stocks.

More than 100 mayors back Biden's ATF nominee

4 years 5 months ago
A bipartisan group of more than 100 mayors on Tuesday endorsed President Joe Biden's nominee to run the Bureau of Alcohol, Tobacco, Firearms and Explosives as the White House races to garner enough support to get Steve Dettelbach confirmed by the Senate.

States receive billions in extra Medicaid funds during the pandemic

4 years 5 months ago
States are expected to receive a total of more than $100 billion in extra federal Medicaid funds to help them get through the Covid-19 pandemic, according to a Kaiser Family Foundation analysis released Tuesday. That's more than double what they are projected to spend on the growth in Medicaid enrollees.
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