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Brent slips, premium to rising U.S. oil drops

Brent crude prices reversed after jumping back above $118 a barrel on Monday, and U.S. oil pared gains after concerns about Libya's conflict and the threat of wider supply disruptions in the Middle East lifted it to the highest level since September 2008.
U.S. President Barack Obama

US, NATO weighing options over Libya: Obama

President Barack Obama said the U.S. and its NATO allies are weighing wide range of potential options (including military intervention) to pressure Libyan leader Moammar Gaddafi from committing any further acts of unacceptable against the opposition rebels.
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A female anti-government protester holds a banner during a protest at the Bahrain Financial Habour in Manama

Protests in Bahrain drag on into fourth week

Anti-government protests are escalating in Bahrain, as demonstrators have already marched on the U.S. embassy are now assembling before the main financial hub of downtown Manama.

US stocks retreat as tech shares weigh

U.S. stocks turned lower on Monday, led by declines from technology and consumer-discretionary companies as oil prices remained near $105-a-barrel amid ongoing political tensions in Libya
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Oil up on Libya and Mideast worry but off highs

Brent crude prices rose above $118 a barrel and U.S. prices pushed to their highest level since September 2008 on Monday, before paring gains in volatile trading, lifted by Libya's conflict and the threat of wider supply disruptions in the Middle East.
U.S. Rep. Peter King testifies before the Senate Homeland Security and Governmental Affairs Committee on Capitol Hill in Washington May 5, 2010.

Al Qaeda U.S. Recruiting Sparked Muslim Probe, says Lawmaker

Al Qaeda's attempts to recruit in the United States and three incidents over the past two years involving killings or attempted killings of Americans are what prompted an investigation into the extent of radicalization in the Muslim community, Rep. Peter King of New York said on Sunday.
The trial of Mark A. Ciavarella Jr highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers

Kids for Cash judge Ciavarella seeks acquittal or new trial

The lawyers representing former Pennsylvanian judge Mark Ciavarella, who was convicted last month by a federal jury in Scranton of 12 of the 39 counts in the 'kids for cash' case, said he is innocent and are seeking an acquittal or a new trial.
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Fed's Lockhart says cannot rule out further bond buys

Uprisings in the Middle East and North Africa have increased U.S. economic uncertainty, and Federal Reserve policy-makers should not rule out further bond purchases if things worsen, a top central bank official said on Monday.
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Brent crude rises on Libya but pares gains

Brent crude rose as high as $118.50 a barrel and U.S. oil hit its highest level since September 2008 on Monday on concern over wider supply disruptions in the Middle East before both markets pared gains.
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Gold climbs to record as Mideast violence flares

Gold climbed to a record high above $1,440 an ounce on Monday as the threat of violence spreading in the Middle East and North Africa pushed oil prices to 2-1/2 year highs and burnished the metal's safe-haven appeal.
Iraq’s largest oil refinery, Baiji

Iraq stocks surge on strong pent-up demand

Pent-up demand has resulted in a surge in Iraqi stocks due to political gains and lifting of UN sanctions, says investment management company Global Capital Investments.
Comedienne Kathy Griffin arrives at the 2011 People's Choice Awards in Los Angeles

Sarah Palin calls Kathy Griffin a bully

Comedian Kathy Griffin will guest star in an upcoming episode of the hit show Glee. She will play a sectionals judge described as a recent Tea Party candidate and home schooler - a Sarah Palin type.
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Stocks gain as oil pulls back from highs

Stocks edged higher on Monday as a flurry of acquisition activity boosted optimism about share prices and oil prices eased from earlier highs sparked by tensions in the Middle East.
AOL

AOL Closes Acquisition of Huffington Post

AOL Inc. (NYSE: AOL) said it has closed its acquisition of news and opinion site The Huffington Post, creating a premier content network with local, national and international reach.
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Fed cannot rule out more bond buys says Lockhart

The Federal Reserve cannot rule out expanding its $600 billion stimulus as political upheaval in the Middle East and North Africa heighten U.S. economic uncertainty, a top Fed official said on Monday.
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Any Export in Storm -- Potential for LNG Exports

U.S. Federal Energy Regulatory Commission (FERC) has exclusive authority under the Natural Gas Act to authorize the siting of facilities for imports or exports of liquefied natural gas (LNG), according to FBR Capital Markets.
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Futures edge up as oil rise continues

Stock index futures rose on Monday, indicating Wall Street will recover from Friday's losses even as oil prices continued to spike on unrest in the Middle East and North Africa.

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