Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down,…
Read article →The Iran war exposed just how much the world relied on a narrow 20-mile-wide waterway. Soon after the U.S. launched strikes on Iran, the latter threatened to strike ships trying…
Read article →As the U.S. paves the way for a nuclear renaissance to power the AI data center boom, the next frontier is building small nuclear reactors offshore to power coastal facilities…
Read article →It is frequently said that the Federal Reserve steers by looking in the rearview mirror, basing monetary policy decisions on where the economy was in the past, rather than where…
Read article →Florida gets a lot of attention for its sinkholes, especially when they swallow cars and entire houses. But its sinkhole risk has nothing on Alaska’s. Recommended Video Much of Alaska’s…
Read article →Drugmakers found a promising cure for the obesity epidemic and their stocks were rewarded for it. Now, investors are salivating over a new crop of companies tackling a more purely aesthetic problem:…
Read article →Traders have made a bundle over the past year following President Donald Trump as the US government pursues an unprecedented strategy of taking ownership stakes in publicly traded companies. Recommended…
Read article →Drive through Iowa, Missouri or Illinois, and you’ll pass a Casey’s roughly every few exits. Midwesterners have come to know the red-roofed convenience store and gas station where people buy…
Read article →Many of the world’s top oil countries have state-run national champions, such as Saudi Arabia’s Aramco, Russia’s Rosneft, the UAE’s Abu Dhabi National Oil Company, Brazil’s Petrobras, and Mexico’s Pemex.…
Read article →Officials struggled for years to curb high-speed crashes along a residential corridor cutting through Albuquerque, New Mexico, but simply punishing the lead-footed drivers didn’t seem to work. Recommended Video What ultimately did was rewarding…
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