Record Car Prices Are Pushing American Drivers Deeper Into Debt
The average price of a new vehicle in the US has climbed to a record $51,109, according to a new Cox Automotive report citing Kelley Blue Book data.…
Oil Prices Squeezed Between Peace Hopes and Iran Escalation Risk
Oil prices have crashed about 20% from the late-October peak of $118 per barrel, weighed down by hopes of sustainable de-escalation in the Middle East and the Russia-Ukraine…
Rare Earth Wars: U.S. General Sounds Alarm Over China’s Military Leverage
On November 3, retired four-star General Jack Keane, the Army’s former Vice Chief of Staff, put a warning on the record: China “has made clear it is prepared…
Leather Jacket Leaves the Building as AI Giant Faces Leadership Vacuum
The sudden departure of Jensen Huang from the helm of Nvidia marks a jarring conclusion to an era defined by explosive growth and singular leadership. For years, Huang…
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Politics
Jeffries shredded over Hegseth impeachment snafu as Dem jockeys for speaker’s gavel
Back-to-back blunders on the House floor are raising questions over whether Democrats are ready for primetime as they’re poised to take over…
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Energy
More Drilling Won’t Shield U.S. Consumers From Oil Price Shocks
Another month, another distressing Consumer Price Index report. As the war in Iran drags on, inflation in the United States is remaining…
Europe Enters Winter With Its Lowest Gas Inventory of the 2020s
Asian spot LNG is trading above $30 per million British thermal units and Europe is entering winter with its lowest gas inventory…
Venezuela Ends 19-Year Power Monopoly, With Oil Fields First in Line
Venezuela is opening up its electricity sector to private capital for the first time since Hugo Chávez nationalized it in 2007, in…
Quantum Computing Is Being Pitched as the Fix for AI’s Runaway Power Appetite
Can quantum computing save artificial intelligence from itself? The energy and water needs of the AI sector are growing larger all the…
Burnham Heads to COP31 Torn Between Cheaper Power and Net Zero
Andy Burnham will face difficult decisions on energy policy against the competing pressures of sky-high industrial costs and Labour’s net zero commitments.…
China Expands Its Central Asian Footprint Through Aviation, Energy, and Trade
China and Central Asia are acting fast to expand air links. Chinese and Central Asian aviation officials gathered in Tashkent on November…
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Economy
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UN renews Iran’s committee seat amid war with US, sparking backlash: ‘Morally bankrupt’
The United Nations reconfirmed Iran to its seat on the Committee for Programme and Coordination on Wednesday, sparking outrage from member states…
Howard Lutnick is next Trump official top Dems want on the chopping block amid NVIDIA scandal
EXCLUSIVE : Top House Democrats are calling for an investigation into Commerce Secretary Howard Lutnick over allegations involving NVIDIA’s former CEO’s reported…
Trump opens door to immigration deal, but Republicans have one condition
Some Senate Republicans are open to revisiting immigration policy after President Donald Trump floated a possible deal with Democrats, but they insist…
Ro Khanna rejects warnings that Trump admin investigations could derail Democrats’ affordability agenda
Rep. Ro Khanna, D-Calif., is brushing off concerns that House Democrats’ eagerness to investigate Trump administration officials could distract the incoming majority…
Texas Democrats put DEI back on agenda after sweeping to power
Texas Democrats are opening their incoming state House majority with a push to clear the way for DEI offices and programs to…
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