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Oil Prices Settle Lower After Biggest Annual Loss Since 2020

Oil prices settled lower on Friday on the first trading day of 2026 after registering their biggest annual loss since 2020, as investors weighed oversupply concerns against geopolitical risks, including the war in Ukraine and Venezuela exports. Brent crude futures closed down 10 cents to $60.75 a barrel, while U.S....

New York Mayor Mamdani Vows to Enact Democratic Socialist Agenda

Democrat Zohran Mamdani became New York City's mayor on Thursday, vowing during a public swearing-in ceremony on the steps of City Hall to enact an aggressive agenda aimed at making the nation's largest city more affordable for working people. Mamdani, a member of his party's left-wing democratic socialist faction, was...

2026 May Entertain Political Junkies, but Sluggish CA Economy Deserves Spotlight

This commentary was originally published by CalMatters. Sign up for their newsletters. As the new year begins, there’s no shortage of political trends to keep Californians preoccupied, entertained or perhaps appalled — particularly the state’s transcontinental feud with President Donald Trump. There is Gov. Gavin Newsom’s all-but-announced campaign for president,...

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