Latest in Oil prices end lower as U.S. crude supplies climb for a third week in a row
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Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.The New York Times - 11h -
Trump-Putin call lowers the temperature but at Ukraine's expense
The BBC's Frank Gardner says improved relations between DC and Moscow may spell trouble for Kyiv.BBC News - 12h -
Why U.S. Consumer Prices Increased More Than Expected in January
Businesses may have raised prices in anticipation of new tariffs imposed by the Trump administration.Inc. - 14h -
Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investmentsABC News - 21h -
How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.The New York Times - 1d -
Oil prices end lower as U.S. crude supplies climb for a third week in a row
Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.MarketWatch - 10h -
Bird flu, supply shortages keeping egg prices high
Egg prices are still sky-high as the potential spread of bird flu threatens farms across the nation. CBS News reporter Andres Gutierrez has more.CBS News - 14h -
Immigration crackdown could lead to a lower U.S. unemployment rate. Here’s why.
The labor market has been reshaped by a surge in the foreign-born population. Now that process is reversing.MarketWatch - 14h -
New inflation numbers are at odds with Donald Trump’s promise to lower prices
The president repeatedly claimed he would lower prices during the election campaign, but that’s not an easy task. Inflation gains speed despite Trump vow to ‘rapidly’ cut prices As tens of ...The Guardian - 14h -
Amazon bans number plates as illegal supply found
A BBC investigation finds seven companies on the platform selling plates without checking customers' documents.BBC News - 16h -
Inflation heats up, adding pressure on Trump over vow to lower prices
Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.NBC News - 17h -
Abuses lurk deep in fashion supply chain
New research shows uneven improvements in Bangladesh factory labour standardsFinancial Times - 19h -
Former Secret Service leader Ronald Rowe is retiring
Former Acting Secret Service Director Ronald Rowe is retiring, according to the Secret Service. “Deputy Director Ronald Rowe, a valued executive and leader of the United States Secret Service, has ...The Hill - 1d -
House GOP skeptical it can advance Trump agenda by week’s end
House Republicans are growing increasingly skeptical that they can advance a framework for President Trump’s ambitious legislative agenda by the end of the week, with internal disagreements over ...The Hill - 1d -
India's oil minister says 'we play by the rules,' as markets weigh U.S. energy sanctions
"We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it," the oil minister told CNBC.CNBC - 1d -
Treasury yields end at highest in at least a week on Fed’s patient rate stance
U.S. government debt sold off on Tuesday, leaving long-dated yields higher for a fourth straight session, after Federal Reserve Chairman Jerome Powell expressed patience regarding future ...MarketWatch - 1d -
Oil is up for a third straight session as traders weigh impact of tariffs and sanctions
Oil futures finished higher for a third straight session on Tuesday as traders weighed the supply and demand impacts of President Donald’s Trump’s tariff strategy and sanctions on Iran and Russia.MarketWatch - 1d -
Trump tariffs on Canadian oil expected to raise U.S. gasoline prices if enacted next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.CNBC - 1d -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - 1d -
Phillips 66 stock is climbing. An activist investor wants a change.
Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space.MarketWatch - 1d -
Here's how Trump's steel and aluminum tariffs could impact U.S. prices
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.CBS News - 2d -
What the end of the penny means for prices and your piggy bank
Talk to end the penny’s production has been bandied about for decades among government officials and economists.NBC News - 2d -
Oil prices shake off tariff worries to finish higher after 3 straight weekly declines
Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.MarketWatch - 2d -
What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be okay without the coin.CNBC - 2d -
Trump is unlikely to end Medicare drug price talks — here's what that means for patients and pharma
Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper savings to outdo his predecessor.CNBC - 2d -
Trump Says He Might Use U.S. Transit Agency to ‘Kill’ Congestion Pricing
In an interview with The New York Post, President Trump said that congestion pricing hurt New York City but indicated that he was still talking with Gov. Kathy Hochul.The New York Times - 3d -
Chiefs Might Win Third Title in a Row but They Can’t Own the Phrase ‘Three-Peat’
As sports catchphrases start to stick, savvy coaches and athletes are moving to protect them with federal trademarks. “Three-Peat” is just one of many.The New York Times - 3d -
Connor Bedard Climbs Higher on Teenager Points List
Connor Bedard just continues to produce offensively on his recent tear.Yahoo Sports - 3d -
Ransomware Attacks Climbed in 2024—but Some Companies Are Just Refusing to Pay Hackers
Businesses actually paid out less to hackers last year than the year before. Here’s how to protect your company.Inc. - 3d -
LeJuan Watts, Ethan Price rally Washington State over Pepperdine 87-86, ending 5-game skid
LeJuan Watts made a layup with 11 seconds left to cap a game-ending 9-1 run, and Ethan Price blocked a 3-point attempt by Stefan Todorovic at the buzzer to help Washington State end a five-game ...ABC News - 4d -
Guatemalan president says no timeline on receiving third-country nationals deported from U.S.
Guatemalan President Bernardo Arevalo said his country and the U.S. “don’t have a timeline” on when Guatemala will begin receiving third-country nationals deported from the U.S.NBC News - 4d -
From bridges to oil refineries and defense, robots fix on aging U.S. infrastructure
Artificial intelligence-enabled robots are helping repair, maintain and monitor the health of critical infrastructure, helping to have money and lives.CNBC - 4d -
Home prices up in nearly 90 percent of cities at end of 2024
Some of the biggest year-over-year median price bumps were in the Midwest.The Hill - 4d -
Crude falls for the week as Trump’s historic moves ‘write the script’ for oil in the short term
Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S. inventories and worries that the Trump administration’s higher tariffs on ...MarketWatch - 5d -
2-year Treasury yield ends at highest in 2 weeks after jobs-data revisions
Yields on U.S. government debt jumped on Friday, but finished mixed for the week, after January’s nonfarm-payrolls data included upward revisions for prior months that revealed the labor market was ...MarketWatch - 5d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 5d -
EV Sales Climb in Spite of Automaker Losses and Trump-Related Uncertainty
Ford’s EV unit lost billions of dollars, but at the same time, EV sales as a whole were up in the U.S. in 2024 compared to the year before.Inc. - 6d