Top Oil Stocks to Buy in 2017

Between OPEC’s recent plans to decrease output by up to 1.2 million barrels per day, another nearly half-million barrels that some non-OPEC oil countries are set to cut, and a million-barrel drop in North American daily production since the peak in 2015, oil prices look poised to surge at some point in the next year or so. After all, global oil and refined product stocks won’t last forever, and while oil output has steadily fallen, consumption has increased.

Success! SpaceX Figures Out Why Its Rocket Blew Up

Four months after a SpaceX rocket exploded on its launch pad in Florida, the pioneering, privately owned space company is ready to return to space. If all goes well Sunday, we could soon see SpaceX resume regularly tweeting out images like this one — of rockets making sonic booms, instead of rockets simply going “boom.”

Is Marijuana Dangerous? These New Stats Suggest So

You could certainly argue that 1996, the first year that California approved medical cannabis, or 2012, the first year that Colorado and Washington approved recreational weed, were marijuana’s breakout years. But 2016 saw five states approve medical cannabis , while four additional states legalized recreational pot, doubling the number of adult-use states to eight.

Is JPMorgan Chase Stock a Buy in 2017?

Last year was a year to remember for bank stocks, many of which surged by double-digits after the presidential election in November convinced investors that profits in the industry could soon improve. But while 2017 offers a new slate of risks and rewards, it could turn out to be yet another very good year for the nation’s biggest bank by assets, JPMorgan Chase At the end of last year, the Federal Reserve raised the fed funds rate , the primary short-term interest rate benchmark in the United States, for only the second time since the financial crisis.

Here’s Why Alnylam Pharmaceuticals Plunged 59.8% in 2016

That was a far worse decline than the 19% loss by the biotech sector, in general, as measured by the iShares Nasdaq Biotechnology ETF While Alnylam’s share price was weak through the first nine months of the year, investors can mostly chalk that up to the general sell-off in biotech. However, the company’s stock was decimated in October after the company reported a major clinical setback.

Thousands Stranded at Airport: ‘You Feel So Vulnerable’

Thousands of travelers and others at the busy Fort Lauderdale airport during Friday’s deadly shooting were kept on lockdown for more than six hours – some reliving their fears through false reports of a second shooting; others stuck on planes, or in their cars awaiting word from loved ones; and many just amassed at the tarmac hoping for a green light to head home. “People were extremely emotional, crying, horrified,” said Constance McIntyre, 53, who hid in a bathroom stall during the reports of a second shooting.

Jim Cramer and Jack Mohr’s 2017 Market Outlook

The Dow failed to hit 20,000 on Friday, but what does the future hold? Well, Jim Cramer and TheStreet ‘s Chief Investment Strategist Jack Mohr, who co-manage our Action Alerts PLUS club, are out with their 2017 outlook. “I come in with the prospect of being bullish but don’t want to jump the gun,” Cramer said, adding that investors who own the stocks in the Action Alerts PLUS charitable trust shouldn’t sell any of them.

Trump Will Be Good for Gold

I’ve written several reference columns recently specifically with the intention of relating economic, fiscal and political ideas, concepts and issues that investors need to be aware of before Donald Trump is inaugurated. The reason it’s important to be aware of them now is that Trump has a proactive political and economic agenda.

Under-the-Radar Cities and Destinations Dominate Travelers’ Plans for 2017

If 2016 was the year of travelers opting to stay close to home in the wake of high-profile terrorist attacks around the globe, 2017 may very well be just the opposite – a year characterized by searching far and wide for under-the-radar and unique experiences. The trend, revealed in a report from Trip.com , may be a sign that even in these tumultuous times, people have not lost their sense of adventure.

Volkswagen Said to Be Close to Settling U.S. Criminal Probe

Volkswagen AG is close to reaching a multibillion dollar settlement with the Justice Department over its cheating of diesel emissions tests, according to people familiar with the matter, wrapping up the company’s exposure to U.S. authorities in the long-running scandal. The resolution, which could come as soon as next week, would include criminal and civil penalties, said the people, who asked not to be named because the negotiations are confidential.

Fiat Chrysler Recalls 100K Vehicles to Fix Takata Air Bags

Fiat Chrysler is recalling more than 100,000 older trucks and SUVs worldwide to replace potentially dangerous Takata air bag inflators. The recall includes mainly passenger but some driver air bags in certain 2009 Chrysler Aspen and Dodge Durango SUVs, some 2010 Ram 3500 chassis cabs, and certain 2005-2009 Ram 2500 pickups.

FBI Releases Documents Related to San Bernardino iPhone

The FBI on Friday released 100 pages of heavily censored documents related to its agreement with an unidentified vendor to hack into an iPhone used by one of the San Bernardino, California, shooters, but it did not identify whom it paid to perform the work or how much it cost. The records were provided in response to a federal lawsuit filed against the FBI by The Associated Press, Vice Media and Gannett, the parent company of USA Today.

Rock and Roll God Gene Simmons Thinks the Dow Will Blow Past 20,000

Kiss legend Gene Simmons isn’t just a god of rock and roll, he is also keen on investing in the stock market. “My belief is that as soon as Donald Trump takes power, and as soon as he lowers the amount of taxes that people on the street are going to have to pay, watch the 20,000 ceiling on the Dow break,” Simmons told TheStreet in an interview.

Cable companies pushing to repeal internet privacy rules

Some of America’s biggest cable companies are asking the government to roll back a landmark set of privacy regulations it approved last fall — kicking off an effort by the industry and its allies to dismantle key internet policies of the Obama years. In a petition filed to federal regulators Monday, a top Washington trade group whose members include Comcast, Charter and Cox Communications argued that the rules should be thrown out.

Trump Said to Tell Confidant He Remains Opposed to AT&T Deal

Donald Trump remains opposed to the megamerger between AT&T Inc. and Time Warner Inc. because he believes it would concentrate too much power in the media industry, according to people close to the president-elect, who has been publicly silent about the transaction for months. Trump told a friend in the last few weeks that he still considers the merger to be a bad deal, said one of the people, who asked not to be identified because the conversation was private.

Distress Moving to Retail, Health Care as Energy Woes Fade

The combination of rising rates and a new political regime in the U.S. will bring about an uptick in corporate restructurings outside the energy space, creating new opportunities for investors in the riskiest parts of the debt market. That’s one of the conclusions from interviews with bond traders, bankruptcy lawyers, financial advisers and fixed-income analysts about the outlook for 2017.

Silicon Valley Cash Is Still Chasing Blood Despite Theranos Bust

Amid the collapse of Theranos Inc. last year, investors are betting that some of the disgraced blood-testing startup’s lofty medical goals might still have a kernel of promise — at other companies. Grail, a company backed by Bill Gates and Jeff Bezos, said on Thursday that it’s expecting to raise a record $1 billion on the promise of a blood test to detect early-stage cancer.

EasyJet Slips Off Pace Set by Ryanair on Terror, Brexit Squeeze

EasyJet Plc’s passenger count increased at less than half the pace of its low-cost rivals last year as Europe’s second-biggest discount carrier struggled with its exposure to the British and French travel markets. Customer numbers increased 6.6 percent to 74.4 million in 2016, Luton, England-based EasyJet said Friday.

Barclays Trader Fired Amid FX Probe Is Second to Lose Suit

A Barclays Plc trader fired after disclosing confidential information to rivals and using “laddish” language in electronic chats has become the second currency trader to lose an employment lawsuit against the lender. Mark Clark, who joined Barclays’ G10 spot desk in 2010, used coded language to identify clients in chats where locker-room style conversations about sport and women were commonplace, judge George Foxwell said in a ruling made public Friday.