In recent weeks, protests have erupted in the South Asian nation of Sri Lanka as the country’s economy remains on the brink of collapse. A lack of foreign reserves and the crippling national debt have caused fuel and food shortages, which in turn has led to demonstrations by frustrated residents. More than 200 people have […]
American Petroleum Institute president CEO Mike Sommers weighs in, arguing that a long-term energy strategy is needed. Mike Sommers, the American Petroleum Institute president and CEO, argued on Wednesday that a long-term energy strategy is needed to reduce prices and stressed that the US has resources that can be developed quickly “if we get the […]
NEWYou can now listen to Fox News articles! The hosts of the “Clay Travis & Buck Sexton Show” hammered President Biden as “Jimmy Carter without the accomplishments” as he continues to deflect blame for massive inflation on Vladimir Putin and Trump supporters. Travis commented that inflation is essentially a “default tax” every American is forced […]
The Trump International Hotel is officially closed after the Trump Organization reached a $375 million agreement to sell the DC property to a Miami investor group. Latest: Hours after the former President Trump’s family business had completed the sale, half a dozen workers moved to dismantle signs from the facade of the building. Why it […]
Gas prices and oil prices have moved asymmetrically recently, with gas hitting record highs while crude has retreated. Economists from the Dallas Fed argue that big oil companies hold little sway over retail prices at gas stations. Here’s why prices at the pump are not in sync with benchmark crude oil prices. loading Something is […]
“Too often, Congress recognizes issues too late,” Porter, a top GOP target this fall in a swing district, said in an interview. “I had a colleague mention to me, ‘We’re not seeing it in the polls’ … Well, you don’t know what to ask.” For Porter, the episode revealed how much work Democrats still need […]
Russian President Vladimir Putin.Alexander Demyanchuk/AP The Russian ruble is the world’s top performing currency in 2022, as it’s up 11% against the dollar. Amid wartime sanctions, Moscow has imposed capital controls to prop up its economy and currency. But currency traders are about to stop using the onshore exchange rate for some transactions. The Russian […]
WASHINGTON — President Joe Biden visited a family farm in Illinois on Wednesday where he announced steps his administration is taking to lower the costs of farming and food. The president announced that his administration will expand insurance for double cropping, which allows farmers to plant a second crop on the same land in the […]
Placeholder while article actions load US-led sanctions are forcing Russia to use computer chips from dishwashers and refrigerators in some military equipment, Commerce Secretary Gina Raimondo said Wednesday. “We have reports from Ukrainians that when they find Russian military equipment on the ground, it’s filled with semiconductors that they took out of dishwashers and refrigerators,” […]
A little more than a year ago, a virtual meeting convened Lake Tahoe’s leaders and decision-makers to discuss the future of the region. In the middle of the pandemic, Tahoe was coming to terms with the rapid growth of tourism and the fallout. Median housing prices soared beyond the reach of local employees. Trash, pollution, […]