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US oil settles $1 lower, at $59.72 a barrel

The weekly rig count has fallen every week since Dec. 12, though the pace of declines has fallen in recent weeks.
Source: Reuters
S&P, Nasdaq attempt gains; Goldman Sachs up 1.2%

U.S. stocks traded mixed on Friday as investors eyed inflation data and Fed Chair Yellen's speech ahead of the long weekend.
Source: CNBC.com | By: Evelyn Cheng
Climate change: Here's how we get a deal

Yes, companies need to do more on climate change. But, here's what they need first, according to leaders from the International Chamber of Commerce.
Source: CNBC.com | By: Terry McGraw and John Danilovich, chairman and secretary-general respectively of the International Chamber of Commerce
UPDATE 1-Clinton attacks Republicans over Ex-Im Bank in New Hampshire

HAMPTON, N.H./ WASHINGTON, May 22- Hillary Clinton on Friday voiced strong support for keeping the U.S. Export-Import Bank open and accused Republican opponents who want to close the export-promoting lender of putting American jobs at risk. Some of the bank's biggest beneficiaries, including General Electric Co and Boeing Co, say closing Ex-Im will lead to the...
Source: Reuters | By: Jonathan Allen and David Lawder
Street wanted more interesting Yellen, got same

Fed Chair Janet Yellen stuck to her script Friday, even though traders had hoped a jump in consumer prices would force her to give a nod to the improved inflation data.
Source: CNBC.com | By: Patti Domm
UPDATE 8-Oil down nearly 2 pct ahead of long U.S. Memorial Day weekend

NEW YORK, May 22- Oil fell more than 1 percent on Friday as a rallying dollar and profit-taking ahead of a long U.S. holiday weekend cut short a two-day run-up in crude prices. Drillers cut the number of U.S. oil rigs in operation by just one this week, the strongest sign yet that a nearly six-month slump in activity was ending, data from oil services firm Baker Hughes...
Source: Reuters | By: Barani Krishnan
McDonald's tackles drive-thru's oldest problem

Hate getting the hard sell? McDonald's has good news for you...
Source: CNBC.com | By: Katie Little
Scientists make better sonar by copying from bats

A new sonar system is inspired by one of mother nature's masters: the bat. It is another example of the growing influence of biomimetics.
Source: CNBC.com | By: Robert Ferris
Yellen: Inflation will rise 2% as economy strengthens  

Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on the state of consumer price inflation.
Source: CNBC.com
Yellen: Labor market approaching full strength  

Federal Reserve Chair Janet Yellen speaks at Greater Providence Chamber of Commerce, on unemployment data.
Source: CNBC.com