Oil Demand Expected to Soften in 2025
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ABC News - World
The Latest | Cease-fire talks expected to resume this week as Hamas appears to soften demands
Talks on a cease-fire in the Gaza Strip are expected to resume this week -
Financial Times - World
Samsung expects profits to surge on demand for AI chips
World’s largest memory chipmaker forecasts 15-fold rise in second-quarter figures -
The Wall Street Journal - World
Saudi's Oil Price Cut to Asia Was Less Significant Than Predicted, DNB Says
Saudi Arabia’s price cut for its flagship Arab Light crude it sells to Asian customers was less significant than expected, according to DNB Markets. -
ABC News - World
Gaza destruction likely helped push Hamas to soften cease-fire demands, several officials say
Several officials in the Middle East and the U.S. believe the level of devastation in the Gaza Strip caused by a nine-month Israeli offensive likely has helped push Hamas to soften its demands for a cease-fire agreement -
Financial Times - World
Lib Dems return record number of MPs after Tory rout
Ed Davey’s party makes biggest gain in seats in its history, defeating two cabinet ministers -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
CNBC - Business
U.S. crude oil posts fourth straight weekly gain on solid demand outlook
U.S. inventory data shows a tightening market, with crude stocks declining by 12.2 million barrels last week. -
MarketWatch - Business
Oil prices tally 4th straight weekly gain as data hint at better demand
Oil futures fell on Friday, but U.S. and global benchmark prices tallied a fourth straight weekly gain as a recent drop in U.S. crude supplies and a rise in gasoline demand helped ease some concerns over the outlook for energy demand. -
CNBC - Business
Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand
Samsung said Friday it expects operating profit for the April to June quarter to be approximately 10.4 trillion won — a jump of about 1,452%. -
MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
The New York Times - Top stories
Following Trump’s Lead, Republicans Adopt Platform That Softens Stance on Abortion
The document reflects the former president’s ideological grip on his party, outlining the same nationalistic priorities that his campaign website does.Abortion -
The Hill - Politics
RNC approves Trump-centric platform with softened language on abortion
A Republican National Committee (RNC) panel on Monday passed a draft party platform ahead of next week’s convention that dramatically shifts the GOP’s stance on abortion, mirroring former President Trump’s own posture on the issue. The Republican ...Abortion -
The New York Times - Top stories
Iranians’ Demand for Their Leaders: Fix the Economy
In a series of interviews, virtually every resident of Tehran listed Iran’s sickly economy as the No. 1 issue for the country’s next president.Iran -
The Wall Street Journal - World
Oil Slips After U.S. Data Points to Cooling Economy
Oil prices were weaker on a thinner trading day due to the Fourth of July holiday and despite softer-than-expected U.S. employment and business activity data fuelling optimism for future rate cuts. -
The New York Times - Lifestyle
Hair Oil Gets a Slick Reboot
Some South Asian women remember being embarrassed of their families’ hair oiling traditions. Now, beauty brands, bloggers and celebrities are embracing them. -
The Wall Street Journal - World
Cooler U.S. Job Creation Pushes Gold Back Toward $2,400/Oz
The June jobs report lifted gold futures toward their highest levels in nearly a month. -
CNBC - Business
Air travel demand is breaking records. Airline profits are not
Investors will get more insight into the outlook for the tail end of summer when Delta Air Lines kicks off earnings season Thursday. -
NBC News - Top stories
Air travel demand is breaking records. Airline profits are not.
Record summer air travel demand isn't translating to record U.S. airline profits. -
Financial Times - Business
Oil prices rally as peak driving season gets under way
Brent crude has risen about $10 a barrel since early June as US stockpiles dwindle -
BBC News - Top stories
British teenager Bearman joins Haas for 2025
Oliver Bearman will become the fourth British driver on the Formula 1 grid next season after signing to race for the US-based Haas team. -
Yahoo Sports - Sports
Formula 1: Ollie Bearman to drive for Haas in 2025
Bearman finished seventh while subbing for Carlos Sainz at the Saudi Arabian Grand Prix earlier this season. -
ESPN - Sports
Oregon lands WR Moore, No. 3 overall recruit
Oregon landed a Fourth of July recruiting win with a commitment from five-star wide receiver Dakorien Moore on Thursday night.Oregon -
Yahoo Sports - Sports
2025 All-American Tavion Wallace Pledges to Arkansas
The University of Arkansas has successfully landed one of the top players in the country. 2025 All-American Tavion Wallace from Wayne County High School in Georgia has committed to the Razorbacks. -
BBC News - Top stories
Project 2025: A wish list for a Trump presidency, explained
A think-tank with ties to Trump has set out a far-right vision for another term in office. The former president denies any links.Donald Trump -
CNBC - Business
How a 'softening' real estate market could help you score a lower price on a home
Homes are taking longer to sell, which is helping buyers successfully negotiate the asking price for a home. -
BBC News - Top stories
Djokovic 'expects fireworks' against Rune
Novak Djokovic says he expects "fireworks on court" when he takes on Holger Rune for a place in the Wimbledon quarter-finals on Monday.Tennis -
The New York Times - Top stories
Where Beryl Is Expected to Go Next
The storm will move through the United States this week. -
The Guardian - World
Can the climate survive the insatiable energy demands of the AI arms race?
New computing infrastructure means big tech is likely to miss emissions targets but they can’t afford to get left behind in a winner takes all market. The artificial intelligence boom has driven big tech share prices to fresh highs, but at the ...Climate -
CNBC - Business
GlobalFoundries races to find semiconductor talent as demand for chips soars
GlobalFoundries and other semiconductor companies are looking for workers as demand for chips soars, spurred by CHIPS Act funding and artificial intelligence. -
The Guardian - World
‘They can’t move on’: families of Boeing crash victims demand justice
As Boeing’s safety crisis intensifies, relatives of victims of the 2018 and 2019 crashes are still fighting for accountability. Paul Kiernan struggles to talk about what happened on 10 March 2019. He walked his partner, Joanna Toole, to a taxi, ... -
MarketWatch - Business
Hurricane Beryl puts focus on oil with climate change likely to intensify storms
Even though Hurricane Beryl is predicted to miss most of the offshore oil rigs in the Gulf of Mexico, the U.S. energy industry is on high alert over climate change and the risk of more frequent, more intense storms posing a growing challenge for ...Climate -
Yahoo Sports - Sports
Josh Berry to replace Harrison Burton in Wood Brothers No. 21 car in 2025
Berry was tabbed to replace Kevin Harvick at Stewart-Haas Racing, but the team is shutting down after Berry's rookie season. -
The Hill - Politics
What is Project 2025, Heritage Foundation's outline of conservative priorities?
The Heritage Foundation’s Project 2025 has garnered national attention in recent weeks for its right-wing policy proposals that Democrats have now launched efforts against. Project 2025 outlines a series of policies and initiatives conservatives ... -
The Hill - Politics
Will the Fed hit its inflation target by 2025? Don’t bet on it.
Treasury Secretary Janet Yellen expressed optimism that the Federal Reserve Board's 2 percent inflation target might be achieved by 2025, but other forecast groups show a less optimistic outlook, with inflation expected to remain above 2 percent ...Federal Reserve -
MarketWatch - Business
Saudi Arabia cuts Asia oil prices for second straight month
Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean. -
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CNBC - Business
Germany seals 2025 budget plan after weeks of tense negotiations
German government leaders have agreed on an outline of the country’s 2025 budget after intense negotiations, coalition leaders announced. -