Government
Not everyone at Fed was gung-ho about keeping rates steady: Here’s why 2 dissenters bucked the crowd.(Daily Caller News Foundation) – Federal Reserve Gov. Lisa Cook and Cleveland Fed President Beth Hammack broke with their colleagues Wednesday, voting to raise interest rates as the central… Read More
World
Trump says ‘billions’ of barrels of Venezuelan oil will ‘soon’ lower gas prices(The Center Square) – With energy prices at record highs the week before election day, President Donald Trump announced Wednesday that the U.S. will receive one million barrels of… Read More
Government
Trump throws farmers $8 billion lifeline just in time for midterms(Daily Caller News Foundation) – President Donald Trump is handing American farmers an $8 billion lifeline as soaring diesel prices threaten to eat into harvest profits, leaving taxpayers to… Read More
Politics
Trump predicts end to rural voters’ economic woes(The Daily Signal) – President Donald Trump said high gas prices and economic dissatisfaction among rural voters are a “small price to pay” for winning the war in Iran. Read More
Culture
U.S. inflation rises to 3.7% in September report(The Center Square) – U.S. inflation rose 0.6% in September for an annual rate of 3.7%, according to a new report from the U.S. Bureau of Labor Statistics. … Read More
World
Tanker data suggests there may be fewer barrels crossing Hormuz than thought(Daily Caller News Foundation) – Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Speaking by video to an international… Read More
World
‘It’s time for Ukraine to get a new president’: Trump signals end of patience with Zelenskyy as war stretches on(Daily Caller News Foundation) – President Donald Trump on Saturday expressed his frustration with Ukrainian President Volodymyr Zelenskyy’s inability to make a deal with Russia. “Well, I agree… Read More
Opinion
Everyday Economics: Oil is taxing the economy. The Fed should be patient.(The Center Square) – Oil prices jumped again in September, but core inflation has been relatively subdued. Hiring remains weak, and wage growth slowed further. So far, the data… Read More
Courts
Kansas businessman sentenced for criminally selling aircraft parts to RussiaA Kansas business owner has been sentenced to over a year in prison for illegally selling advanced aviation technology to be used on Russian-built aircraft. After Russia… Read More
Culture
Retail giant raises motor oil price, caps customer purchases as Iran war drags on(Daily Caller News Foundation) – Costco is rationing motor oil and nearly doubling the price of its Kirkland Signature product as turmoil in global oil markets during the Iran… Read More
World
Energy secretary gives reality check after US military takes out 3 Iranian oil tankers(Daily Caller News Foundation) – Secretary of Energy Chris Wright outlined America’s long-term goal for securing global trade passing through the Strait of Hormuz even as its conflict with… Read More
World
With eye on midterms, U.S. wages quiet war as Iran tries to get loudA series of inconsequential attacks from Iran on U.S. assets in the Middle East hit Jordan, Bahrain, Iraq and Kuwait, which the U.S. says resulted in no casualties for Americans. … Read More
World
Trump, Venezuela announce historic oil deal as Democrats, China fumePresident Donald Trump announced the U.S. is close to completing what he called history’s largest oil deal, with Venezuela, which could give America control of 65 billion barrels of… Read More
World
Why this small island chain could be the first domino in a Taiwan war(Daily Caller News Foundation) – A Chinese first strike against Taiwan could place American forces across the western Pacific at risk while threatening semiconductor supply chains underpinning large portions… Read More
Courts
Supreme Court to kick off next term with high-stakes climate change caseThe Supreme Court is set to begin its next term with a blockbuster climate change case that will determine if local governments can hold oil companies accountable for their alleged contributions to… Read More
World
U.S. launches ‘powerful strikes’ against Iran, halts oil sales(The Center Square) – The United States on Tuesday launched a “series of powerful strikes” against Iran in response to attacks on three tankers in the Strait of Hormuz. Read More
World
Trump lifts sanctions on Iran, undercutting China as American energy prices begin to easeThe Treasury Department announced Monday that it issued a temporary license authorizing Iranian oil sales in a move analysts told The Lion hinders China, while the U.S. still skirts… Read More
Culture
‘Global trade on American terms’: US becomes world’s top oil exporterThe U.S. has become the world’s top oil exporter as the conflict between Washington and Iran appears to wind down, according to a Reuters report. America has now led the world… Read More
Government
Rubio sanctions Cuba’s oil machine(The Daily Signal) – Secretary of State Marco Rubio on Thursday announced multiple sanctions against the Cuban communist regime, this time targeting the regime’s cash cow. “Today, I… Read More
World
The Red Sea is closed for business(Daily Caller News Foundation) – As Iran-backed Yemeni Armed Forces threaten Israeli shipping in the Red Sea, shipping companies steer clear. Major global shipping firm Hapag-Lloyd told the… Read More