US crude falls below $47 a barrel to weakest level since OPEC announced output cuts

U.S. gasoline futures were down nearly 2.1 percent after the stockpile report indicated continued weakness in gas demand. They are now down more than 6 percent this year. Rising U.S. production and stubbornly high inventories remain key drivers of the oil price, but...

Despite ad growth concerns, ‘everything is moving in the right direction’ for Facebook

Despite worries about ad growth, Facebook is moving in the right direction, Aegis Capital internet analyst Victor Anthony told CNBC on Thursday. In an interview on “Squawk Box,” Anthony said Facebook has had the longest streak of quarterly outperformance...