Brent up 1.3%, WTI adds 1.7% in the week Concerns about more supply disruptions as Trump returns to power Potential halt to Houthi attacks on shipping in focus after Gaza ceasefire deal US oil rig […]
Janet Yellen has told Congress that her department will pause retirement payments in a bid to avoid default US Treasury Secretary Janet Yellen has said her department will take “extraordinary measures” to prevent the US […]
The middle class will face the largest tax hike in history unless cuts made during Trump’s first term are extended, Scott Bessent has said The US is headed towards an economic crisis by year’s […]
Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream footprint in the Permian Basin. The two, part of EPIC Consolidated Operations LLC, […]
Laredo Oil, Inc., an oil exploration and production company with over 30,000 net acres of mineral rights in the West Fork field located north of the Fort Peck reservation in Montana, today announced that it […]
Chinese state-sponsored hackers breached the US Treasury Department’s computer security guardrails this month and stole documents in what Treasury called a “major incident,” according to a letter to lawmakers that Treasury officials provided to […]
A hot question for an iffy situation. So here are the holders as of Q3. By Wolf Richter for WOLF STREET: The US national debt keeps ballooning at an amazing rate and has now reached $36.16 trillion. These […]
The Republican-controlled US House of Representatives passed legislation on Friday (20 December) that would avert a midnight government shutdown, defying President-elect Donald Trump’s demand to also greenlight trillions of dollars in new debt. Next, […]
On re-spiking motor vehicle prices, jumping food & gasoline prices. But housing inflation backs off. By Wolf Richter for WOLF STREET. The overall Consumer Price Index rose by 0.31% (+3.8% annualized) in November from October, the sharpest increase […]
ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him defending his economic record on my bingo card this week. If you have listened to the ENB […]
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