Finance

Oil plunged into negative territory for the first time on record on Monday. The commodity's latest round of sharp selling came as uncertainty mounted about storage for excess oil. Demand for crude has plummeted since the coronavirus outbreak froze activity worldwide. The price of oil has continued to slide even after OPEC and its allies agreed to the biggest-ever production cut one intended to backstop prices. Investors remain unconvinced that the cuts can offset cratering demand for the commodity as the novel coronavirus pandemic keeps society from operating normally.

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The NEW IPhones are here What do you think about it? The company unveiled its latest flagship smartphones at its annual #AppleEvent: the iPhone 11 Pro, iPhone 11 Pro Max and iPhone 11. ... At $699, the iPhone 11 is $50 cheaper than its predecessor, the iPhone XR. The device features a 6.1-inch display, an hour longer battery life compared to the iPhone XR, faster Face ID and an A13 Bionic chip, making it the fastest CPU and GPU ever in a smartphone, the company said. And the new iPhones aren’t the only thing Apple announced. From its new gaming service, Apple Arcade, to its $4.99 Apple TV+ monthly subscription, there’s a slew of new features and products the company just revealed. See more