The U.S. is Earth's punching bag for nasty weather, and Louisiana is among the hardest hit in the country, which is part of why the state is in the middle of a housing insurance crisis.
Oil prices soared nearly 6% earlier this morning after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Â
The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the central bank’s yearlong effort to cool price pressures through steadily higher interest rates.
Treasury Secretary Janet Yellen affirmed America’s commitment to enhancing corporate transparency along with 20 other countries at this week's Summit for Democracy in Washington, D.C.Â