Oil prices edged up about 1% to a two-week high on Friday on increasing expectations the U.S. Federal Reserve will cut interest rates next week, which could boost economic growth and energy demand, and geopolitical uncertainty that could reduce supplies from Russia and Venezuela. Brent futures rose 62 cents, or...
US Minerals Projects Seek ‘Industrial Vision’ From Washington To Compete With China
NEW YORK, Dec 4 — Washington must move even faster to bolster critical minerals projects and offset Beijing's grip on the world's supply of the building blocks for electronics, weapons and a range of other goods, three U.S. mining and refining executives said on Thursday. The push underscores how Washington's...
Trump and Newsom Square Off Over Valley Water Supply Increase
The Bureau of Reclamation said Thursday it will begin releasing more water every year from the Sacramento-San Joaquin River Delta to Central Valley farms and communities as ordered by President Donald Trump. The decision drew a sharp rebuke from California Gov. Gavin Newsom via a spokesperson who said, "The Trump...
US Consumer Spending Slows in September as Prices Remain High
WASHINGTON, Dec 5 — U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the end of the third quarter as a lackluster labor market and rising cost of living curbed demand. The report from the Commerce...
Trump Says He’ll Discuss Trade With Mexico, Canada After FIFA Event
U.S. President Donald Trump said he would meet with the leaders of Canada and Mexico later on Friday to discuss trade, but gave no other details. Trump, speaking to reporters ahead of the FIFA World Cup draw in Washington, said he was "getting along very well with both leaders. He...
Ford Recalls Nearly 109,000 Vehicles, NHTSA Says
Ford has recalled 108,762 vehicles in the U.S. over issues with an improperly secured liftgate hinge cover that could detach from the vehicles, the National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers certain 2020–2022 Escape and 2025 Escape models. Dealers will inspect and reinstall or replace...
US Vaccine Committee Scraps Recommendation for Hepatitis B Shot in Newborns
NEW YORK, Dec 5 (Reuters) - A group of vaccine advisers to U.S. Health Secretary Robert F. Kennedy Jr. on Friday voted to remove the broad recommendation that all newborns in the U.S. receive a hepatitis B vaccine, in one of the most sweeping changes to vaccine policy under Kennedy's...
Trump Unveils Strategy To Prevent China Conflict Over Taiwan
President Donald Trump aims to prevent conflict with China over Taiwan and the South China Sea by building up U.S. and allies' military power, according to a new U.S. strategy memo. The Trump administration laid out its approach to one of the world's most sensitive diplomatic issues in an official,...
Supreme Court Revives Pro-Republican Texas Voting Map Sought by Trump
WASHINGTON, Dec 4 — The U.S. Supreme Court revived on Thursday a redrawn Texas electoral map designed to add more Republicans to the U.S. House of Representatives, boosting President Donald Trump's quest for his party to keep control of Congress in the 2026 midterm elections. The court, whose 6-3 conservative majority includes three justices...
What the Left Could Learn From Trump’s Brutal Efficiency
Those of us opposed to MAGA complain plenty about what the Trump administration has done or is doing to the government — drawing on vast administrative resources for deportations, taking stakes in private companies, destabilizing the Federal Reserve. But we’ve missed a core element of President Trump’s appeal. In many cases, he’s...