Saudi Arabia Raises Oil Prices
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Trump’s Reported Fund-Raising Tops Biden’s for First Time
The pace of giving to Donald Trump’s campaign and the Republican Party picked up in April, according to his advisers. But President Biden still has far more cash on hand.The New York Times - Top stories - Joe Biden -
The U.S. Raised Tariffs on China. Now It Wants Europe's Support.
Washington is trying to wrangle its European allies into a united front against a surge in Chinese exports.The Wall Street Journal - World -
House passes TICKET Act in an effort to increase transparency in pricing
The House passed the Transparency in Charges for Key Events Ticketing Act on Wednesday in an effort to increase price transparency for consumers.NBC News - Top stories -
Frontier Airlines does away with change fees in budget airline pricing overhaul
The budget airline's changes come amid the Biden administration's crackdown on so-called "junk fees."CNBC - Business - Travel -
Frontier Airlines does away with change fees in budget airline pricing overhaul
Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden administration issues stricter rules targeting so-called “junk fees.”NBC News - Top stories - Travel -
European airlines signal surge in ticket prices is near peak
Ryanair says ticket prices will either be flat or ‘modestly’ higher this summer than 2023Financial Times - Business - Travel -
Will gold's price hit $3,000 per ounce? Experts weigh in
Gold could hit $3,000 per ounce in a few years if recent price trends continue, experts say.CBS News - Top stories -
Target to cut prices on 5,000 items in bid to lure cash-strapped customers
Target joins other retailers and other major businesses moving to slash prices as inflation-weary consumers grow thriftier.CBS News - Top stories -
Gold prices hit a new record high: 5 moves to make now
Gold prices have climbed above $2,430 per ounce. Here are the moves to make to capitalize on today's high price.CBS News - Top stories -
Ether price jumps ahead of SEC’s ETF decision as speculation on approval rises
Ether’s price jumped Monday afternoon, leading a rally for major cryptocurrencies three days before the U.S. Securities and Exchange Commission has to decide whether to approve VanEck’s application for a spot ether exchange-traded fund.MarketWatch - Business -
Comex Gold, Silver Settle Lower
Gold fell 0.5% from its record high to settle at $2,421.70 per troy ounce.The Wall Street Journal - World -
Gold rally leaves wealth managers wondering if price is still right
Gain of 25% since October has been driven by Russia and China seeking to loosen dependence on US dollarFinancial Times - World -
Ukraine Pays the Price for U.S. Dithering Over Military Aid
Congress’s delays and Biden’s conditions have allowed a perilous Russian advance.The Wall Street Journal - World - Ukraine -
Are gold bars and coins still worth investing in as the price rises?
Gold bars and coins have proven to be smart investments, but are they worth it with the price at a record high?CBS News - Top stories -
Biden takes credit for Target grocery price cuts: 'They're answering the call'
Target announced price cuts on roughly 5,000 items, which Biden says is because of his administration's pressure campaign.CNBC - Business - Joe Biden -
Here’s what the U.S. government is doing to help lower gasoline prices
Gasoline prices at the pump are little changed from a year ago, but the Biden administration on Tuesday said it’s taking action to help lower prices at the pump for the summer.MarketWatch - Business -
Biden administration releases 1M barrels of reserve gasoline in effort to lower prices
The Biden administration is releasing about 1 million barrels of reserve gasoline supplies as part of an effort to bring down prices at the pump in the Northeastern U.S. In a statement on the announcement, Energy Secretary Jennifer Granholm said ...The Hill - Politics - Joe Biden -
Biden taps Northeast gas reserve in move to curb prices at pump
With inflation still a major pain point for Americans, the Biden administration wants to rein in gas prices as the summer driving season revs up.CBS News - Top stories - Joe Biden -
Senators place blame for sky-high drug prices on abuse of the patent system
The drug industry’s top lobbying group faced fierce questioning at a Senate Judiciary Committee hearing on Tuesday that explored whether abuse of the patent system is responsible for keeping prescription drug prices sky-high in the United States.NBC News - Top stories -
Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds
Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental. A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry ...The Guardian - World - Donald Trump -
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Extent of oil spill following barge collision with Texas bridge unclear: Coast Guard
Officials are monitoring an oil spill in Texas waterways after the partial collapse of a bridge that was struck by a barge.ABC News - Top stories -
Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing
A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the areaABC News - World -
New endangered listing for rare lizard could slow oil and gas drilling in New Mexico and West Texas
Federal wildlife officials have declared a rare lizard in southeastern New Mexico and West Texas an endangered speciesABC News - Tech -
Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says
Ballistic missile damaged a Panama-flagged, Greek-owned vessel.ABC News - Top stories -
Houthi missile strikes Greek-owned oil tanker in Red Sea, U.S. says
It comes just two days after the Houthis shot down another U.S. military MQ-9 Reaper drone.CBS News - Top stories -
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Residents forced out of Canada's oil sands hub by wildfire cleared to return, officials say
Authorities say residents ordered out of Canada’s oil sands hub of Fort McMurray, Alberta due to a nearby wildfire are clear to return homeABC News - World -
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.The New York Times - Business - Russia -
Top oil firms’ climate pledges failing on almost every metric, report finds
Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as ‘the worst of the worst’ . Major oil companies have in recent years made splashy climate pledges to cut their greenhouse gas emissions and ...The Guardian - World - Climate -
Trump pitch to oil companies turns off two-thirds of likely voters, poll finds
Broad majorities of voters aren’t happy with Trump’s apparent offer of a quid pro quo to oil companies, a poll from an advocacy group has found. Almost 6 in 10 likely voters surveyed — 58 percent — said they were “concerned” about a second Trump ...The Hill - Politics - Donald Trump -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
RFK Jr.'s Texas ballot access push raises questions for Ted Cruz
The prospect of Robert F. Kennedy Jr. qualifying for the Texas ballot is fueling speculation that he could hurt Sen. Ted Cruz's (R-Texas) reelection chances. Kennedy announced earlier this week he gained more than enough signatures to compete in ...The Hill - Politics -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
Photo of upside-down flag at Justice Samuel Alito's house raises concerns: Report
"I had no involvement whatsoever in the flying of the flag," Justice Alito said.ABC News - Top stories -
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
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Nato’s failure to save Ukraine raises an existential question: what on earth is it for? | Simon Tisdall
The military alliance is turning 75. But there’s little to celebrate in Kyiv, as Putin’s forces continue their bloody advance. Nato’s grand 75th birthday celebration in Washington in July will ring hollow in Kyiv. The alliance has miserably failed ...The Guardian - World - Ukraine -
Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks
Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”MarketWatch - Business -
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the countryABC News - World