Oil 'emergency': Work from home and drive slower, IEA says
CNN
Governments around the world must consider drastic steps to slash oil demand in the face of an emerging global energy crisis caused by Russia's invasion of Ukraine, the International Energy Agency warned on Friday.
The energy watchdog detailed a 10-point emergency plan that includes reducing speed limits on highways by at least 6 miles per hour, working from home up to three days a week where possible and car-free Sundays in cities.
The recommendations for advanced economies like the United States and European Union would aim to offset the feared loss of nearly one-third of Russia's oil production due to sanctions leveled on Moscow.
The soaring price of eggs has forced Waffle House to add a temporary surcharge on customers’ orders.
Lower-income Americans are likely to feel the brunt of the unprecedented tariffs President Donald Trump has set in motion.
Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports from its three largest trading partners — Mexico, China and Canada — on Tuesday.
Beijing announced tariffs on Tuesday on some American imports including originating crude oil, agricultural machinery and liquefied natural gas in a move that coincides with the Trump administration’s imposition of 10% tariffs on Chinese imports into the United States.
Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday, in a ruling that could remove long-running legal risks that he has faced from criminal cases.
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
The Trump administration’s request for the raw material of a “60 Minutes” segment is raising red flags across the media industry.
The decade-by-decade figures show how much safer commercial airline travel has become in the United States.
The Kansas City Chiefs might make history this weekend, but ticket prices aren’t reflecting that.
The tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon. That’s not as much of a price hike as we could have seen.
Just about everyone thought it was a bluff. Top analysts from the biggest banks on Wall Street said it was highly unlikely. Stocks were trading like it wouldn’t happen. Some companies built contingency plans but they weren’t exactly rushing to make changes.
One of President Donald Trump’s sweeping executive orders has reignited a debate over the future of Alaska’s vast wilderness and resources, sparking deep concern among some environmental groups and Indigenous communities.
Asia markets slumped on Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears that another bruising ‘America First’ trade war that could hit global growth.