Fox News

Vice President Kamala Harris grew frustrated with CNN's Anderson Cooper as he pressed her on Democratic concerns over President Biden's debate performance.

Frustrated Kamala Harris clashes with CNN's Anderson Cooper after Biden's rough debate

Republicans reacted negatively in a Fox News Digital focus group after President Biden failed to acknowledge the U.S. service members that have been killed under his administration.

Voters react after Biden falsely claimed that no troops had died under his watch

A Reddit user who refuses to push an obese cousin around at an outdoor wedding due to the cousin's large size did not do anything wrong, a therapist told Fox News Digital.

Reddit user who refuses to help 'obese cousin' at wedding is not wrong, therapist insists

[Stay on top of transportation news: Get TTNews in your inbox.]. U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50% of oil executives told the Dallas Fed they foresee lower domestic crude...

Shale Executives See Takeovers Squeezing US Oil Production

CBS Pittsburgh

The world could have a glut of oil by the end of the decade because of rising production combined with declining demand as consumers and businesses switch to electric vehicles and renewable energy, according to a new report from the International Energy Agency.The International Energy Agency said Wednesday that the world's total oil supply capacity is expected to rise to about 114 million barrels a day by 2030, which the group said would amount to "staggering" 8 million barrels a day beyond projected demand. That type of spare capacity hasn't been seen outside the COVID-19 lockdowns of 2020, when economies across the...

The world could soon see a massive oil glut. Here's why.

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 7 to 581 this week, compared to 674 rigs this same time last year. The...

U.S. Oil, Gas Drilling Activity Plummets

Reuters

NEW YORK (Reuters) -Oil prices fell on Friday as investors weighed weak U.S. fuel demand and took some money off the table at quarter-end, while key inflation data for May boosted the chances the Federal Reserve will start to cut interest rates this year.

Oil eases on weak US fuel demand, profit taking

Brazil's oil production has started to recover following a plunge earlier this year as many offshore platforms underwent planned repairs and maintenance work. After a 25% drop in Brazilian output at the beginning of the year, platforms are returning from maintenance and producing more oil. Earlier-than-expected starts to some projects are also set to help Brazil recover its oil output later this year, and production could exceed forecasts, some analysts say.

Brazil's Oil Surge Set to Challenge OPEC's Market Strategy

Markets Insider

The economy is flashing fresh warning signs a recession is on its way, according to Societe Generale. The French bank pointed to three worrying data points that have raised red flags in the past week. The firm is sticking to its recession call despite growing optimism over a soft-landing. The...

3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

Fox Business

The Labor Department released an inflation gauge that is closely monitored by the Federal Reserve, providing a look at price pressures within the economy.

Inflation measure closely watched by the Fed rises 2.6% in May

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

California State

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

WASHINGTON -- A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Friday's Commerce Department report showed that consumer prices were flat from April to May, the mildest such performance in more than four years. Measured from a year earlier, prices rose 2.6% last month, slightly less than in April.

Federal Reserve's preferred inflation gauge shows price pressures easing further

Although Southwest Airlines is positioning their next quarterly report as an “all-time quarterly record for operating revenue,” the carrier warns that revenue per available seat miles will drop. In the midst of a conflict with activist investors, Southwest is presenting news to stakeholders that presents total revenue in...

Southwest Presents “Good News, Bad News” Amid Investor Fight

NEW YORK (June 25) A recent report from the Conference Board revealed that leading U.S. economic indicators fell more sharply than expected in May. The Leading Economic Index (LEI) decreased by 0.5% in May, following a 0.6% decline in April, whereas economists had anticipated a smaller dip of 0.3%. Over...

Key economic metric signals that U.S. is already in recession

ORLANDO, Florida (Reuters) - The only "winner" from a possible all-out trade war between the West and China will probably be the U.S. dollar. Uncertainty around global trade policy is the highest since 2018-2019 when clashes between former U.S. President Donald Trump's administration and Beijing reached fever pitch. It's nowhere near those peaks yet, but will be the focus of greater attention as the U.S. presidential election draws closer.

Column-Dollar is only winner from China-West trade war: McGeever

A "mammoth"-sized object was found in Poland by a fisherman who discovered the Ice Age-era bone — which was "as thick as a human leg" — belonging to an extinct elephantid.

Fisherman discovers mammoth bone, 'thick as a human leg,' dating back to the Ice Age

The S&P 500 could crash 48% when the bubble in stocks pops and a recession hits, Paul Dietrich said. The elite strategist pointed to a massively overvalued market and cracks in the economy. Dietrich predicted inflation and interest rates would remain elevated, and taxes would rise. The S&P 500 could...

The S&P 500 could crater 48% when the stock-market bubble pops and recession finally hits, elite strategist says

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The HD Post

CALIFORNIA – California Assembly members voiced concerns, May 14, over a proposed 47 cent gas increase in 2025 and annual increases, to the California Air Resources Board (CARB).

Assembly members voice concerns over proposed 47 cent per gallon gas increase in 2025

Democratic Party donors in Hollywood are reportedly stating they'll withhold funds from the party unless President Biden is replaced as its presidential nominee.

Top Hollywood donors threaten to stop giving to Dems if Biden not replaced as candidate: report

NewsBreak

Business Rundown: “OPEC Hangover” Foreshadows Oil & Gas Price Headaches

As the summer heats up, so do concerns about oil. OPEC+ has more production cuts planned into 2025, meaning oil and gas prices in...

Business Rundown: “OPEC Hangover” Foreshadows Oil & Gas Price Headaches

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