Oil prices experienced a slight decline in early trading on Monday, following a significant rise observed in the previous week, which marked the largest weekly gain in over a year due to escalating geopolitical tensions in the Middle East. Brent crude futures decreased by 43 cents, settling at $77.62 per…

Russia’s economy, far from being resilient, is facing severe challenges that could compel President Vladimir Putin to reconsider his military engagement in Ukraine by as early as 2024. Economist Anders Åslund argues in his recent op-ed for Project Syndicate that the combination of financial constraints, technological limitations, and demographic issues…

In the aftermath of Hurricane Helene, the level of devastation across several southeastern states has raised profound questions about trust in government authorities. With a path of destruction reportedly over 500 miles long, the official death toll suggests only a few hundred fatalities. However, survivors and local residents are painting…

Oil futures experienced their most significant increase in over a year last week, reflecting heightened concerns surrounding potential price surges due to escalating geopolitical tensions in the Middle East. The oil options market saw an extraordinary response, marked by a dramatic rise in call skew for second-month West Texas Intermediate…

Mark Zuckerberg’s Meta has stirred up significant privacy concerns following its confirmation that images and videos shared with its AI assistant through the Ray-Ban Meta smart glasses can be used to train its AI models. This development was first reported by TechCrunch, which revealed that any content submitted through these…

The current stance of President Joe Biden’s administration regarding foreign workers has sparked significant controversy, particularly the decision made by Alejandro Mayorkas, the Secretary of Homeland Security. Mayorkas is refusing to send home over 500,000 foreign workers who arrived under a “humanitarian” parole program initially intended to last for two…

On a recent episode of “CNN Newsroom,” Lael Brainard, the White House National Economic Adviser, addressed concerns regarding the salary of International Longshoremen’s Association President Harold Daggett amidst negotiations tied to a port strike. Host Jim Acosta questioned whether Daggett’s reported annual salary of over $900,000 came up during discussions…

In the wake of Hurricane Helene’s devastation across western North Carolina, the U.S. Federal Emergency Management Agency (FEMA) took proactive measures by launching a “rumor response” page to counter misinformation regarding its funding and operational status. Released on October 3, FEMA clarified that it currently possesses sufficient resources for immediate…

In a recent appearance on CNBC’s “Squawk on the Street,” Acting Labor Secretary Julie Su addressed comments made by International Longshoremen’s Association President Harold Daggett regarding the potential for longshoremen to “cripple” the economy in light of ongoing negotiations. Su acknowledged that negotiations can become tense and that strong statements…

Oil executives have increasingly become a vital source of funding for Donald Trump’s campaign as he vies for a second term in the presidency. Prominent figures in the oil industry, such as Kelcy Warren, CEO of Energy Transfer LP; Harold Hamm, founder of Continental Resources Inc.; and Jeff Hildebrand, CEO…

During a recent vice presidential debate, Minnesota Governor Tim Walz (D) made the assertion that former President Donald Trump had not paid any federal taxes over the past 15 years. This claim has been characterized as false and is part of a long-standing narrative that has circulated since Trump’s candidacy…