Oil CEOs: Oil Going To $60, Companies To Start Spending Again

With crude oil now above $50 per barrel for the first time since July 2015, many executives in the industry forsee prices nearing $60 by the end of 2016.

Jun 9th, 2016

With crude oil now above $50 per barrel for the first time since July 2015, many executives in the industry forsee prices nearing $60 by the end of 2016.

Industrial Media Unboxing Video

Industrial Media Unboxing Video

IEN Unboxed is a new show in which our editors unbox new tools on the market and discuss their features.

Appalachia Factory

Time for Manufacturing to Invest in Appalachia

Among other reasons, "the workforce is well-trained by vocational schools and specialized education programs."

Shell gas station, Miami, June 17, 2022.

Recession Not Inevitable; Gas Tax Holiday Under Consideration

Treasury Secretary Janet Yellen expects the economy to slow in the months ahead, but said a recession is not inevitable.

Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board Building, Washington, June 15, 2022.

Fed's Aggressive Rate Hikes Raise Likelihood of Recession

The central bank imposed its largest rate hike since 1994 in a bid to curb inflation.

I Stock 1318894877

Construction Input Prices Up 21% Over Last Year

Elevated energy prices are circulating across the economy.

I Stock 177007701

Manufacturing Technology Orders Surpassed $500M in April

Orders declined from the previous month but were up 27.5% year-over-year.

Customers shop at a grocery store in Mount Prospect, Ill., April 1, 2022.

Inflation Hits 40-Year High

The new figure will heighten pressure on the Federal Reserve to continue raising interest rates.

Wooden Blocks With Percentage Sign And Arrow Up, Financial Growth, Interest Rate Increase, Inflation Concept 1308345503 2125x1416

9 Steps to Navigating Inflation

Given the current volatile economy, a company’s inaction regarding pricing shifts may lead to long-term negative consequences.

President Joe Biden participates in a magnolia tree planting ceremony on the South Lawn of the White House, May 30, 2022.

Biden to Meet Fed Chair as Inflation Bites Pocketbooks

Interest rate hikes have spurred fears that the Fed may push the economy into a recession.

A worker operates a machine in a factory in Funan county, China, March 1, 2022.

China Manufacturing Improves as Virus Curbs Eased

But the index still reflected a contracting manufacturing sector.

Cars line up at a gas station in Martinez, Calif., Sept. 21, 1973.

Worry About Stagflation, a Flashback to '70s, Begins to Grow

An unhappy confluence of events has economists rethinking the prospect of a high-inflation, high-unemployment economy.

A convenience store in Thornton, Colo., May 26, 2022.

Key Inflation Gauge Slowed to Still-High 6.3% Over Past Year

It's the first slowdown since late 2020.