U.S. Markets open in 58 mins.
  • Business
    CNBC1 hour ago

    The man who called crude’s collapse three years ago now sees this

    In late 2014, when crude oil (New York Mercantile Exchange: @CL.1) was vacillating between roughly $60 and $80 a barrel, Tom Kloza of the Oil Price Information Service called for a plunge in crude prices over the next year. "Back to the drawing board for crude oil prices," he remarked Friday in an interview on CNBC's "Trading Nation." Kloza's comments come on the heels of crude oil's worst weekly performance since early March, in which the commodity lost nearly 7 percent to settle just below $50 a barrel. "It's the sense that too much gasoline and really a drop in U.S. demand in particular, but a little bit of softness in India and some other places, is going to lead to an undertow for refinery runs," Kloza, who co-founded the Oil Price Information Service and is the firm's global head of energy analysis, said Friday.

  • News
    Investopedia3 hours ago

    Medicare Enrollment Part 1: When to Enroll

    It sounds so easy and uncomplicated: Reach age 65, sign up for Medicare, and your health insurance is taken care of for the rest of your life. While signing up for Medicare sounds relatively simple, there are a lot of moving parts that require decisions that will impact your pocketbook and your insurance coverage. As important as Medicare is in the life of our senior and disabled citizens, there are very few resources that provide proper guidance on working your way through the Medicare maze—and it’s certainly not a set-it-and-forget-it kind of decision.

  • A Tirade by a Starbucks Barista Over the Unicorn Frappuccino Reminds Everyone of One Big Challenge
    Business
    The Street20 hours ago

    A Tirade by a Starbucks Barista Over the Unicorn Frappuccino Reminds Everyone of One Big Challenge

    While Starbucks (SBUX) basks in the glory of creating an Instagram sensation in the unicorn frappuccino, leave it to one barista to remind everyone about the coffee king's biggest challenge.  "I need to rant just a little bit," Starbucks barista Braden Burson said in a video posted on Twitter (which has seen been deleted) before going off on a tirade against the new pink and blue swirled sweet treat. "I have never been so stressed out in my entire life, it has been insane. If you love us as baristas, don't order the drink it's so difficult to make -- people were coming in left and right, drive-thru or in the front -- we don't know what type of frappuccinos go where, we just hand them out." In