Exxon Sees 20% Gas Demand Growth By 2050, U.S. Nearing Records In 2025
By Charles Kennedy of OilPrice.com
Exxon projects global natural gas demand will rise more than 20% by 2050 from 2024 levels, driven by coal displacement in industry a…
Nvidia Falls On Report Alibaba Designs New AI Chip
Alibaba shares in New York jumped 8% at the start of the U.S. cash session on Friday after the Chinese e-commerce giant reported higher revenue amid China’s AI boom, helping offset an unex…
UMich Takes Flamethrower To What Little Was Left Of Its Credibility…
Confirming the preliminary data, UMich final prints showed sentiment weakening and inflation fears returning in August, with both Current Conditions and Expectations de…
‘Obvious’ That Putin-Zelensky Meeting Won’t Happen: Germany’s Merz
Leading European powers have not been happy with President Trump’s peace efforts which included him meeting President Putin in Alaska earlier this month, nor have they been…
Trump DOJ Files Blistering Response To Lisa Cook Lawsuit
The Justice Department has filed a response to Federal Reserve Governor Lisa Cook’s lawsuit over her Monday firing – claiming that the President has “broad discretion to remove a Gov…
Trump Cancels Extended Secret Service Detail For Kamala Harris Before Her Book Tour
President Donald Trump terminated the Secret Service protection of former Vice President Kamala Harris on Thursday, according to a new report.
By law, vic…
Fed’s Favorite Inflation Indicator Shows No Signs Of Runaway Tariff Costs
Having ticked higher in June, analysts expected headline PCE to be steady at +2.6% YoY in July and Core PCE – The Fed’s favorite indicator – to rise from +2.8% to +2…
Futures Drop Led By Tech Ahead Of PCE Data
US equity futures are lower after closing at a new all time high, dragged by tech stocks as traders cut risk ahead of today’s core PCE data that may test expectations for the pace of Fed rate cuts…
Trump Closes De Minimis Loophole As Dark Chapter In Trade Ends
The long-standing “de minimis” exemption, which allowed small packages valued less than $800 to enter the U.S. duty-free, officially ended Friday. This closes the dark chapter …
House Republicans Probe Wikipedia Over Alleged Bias, Foreign Manipulation
Authored by Tom Ozimek via The Epoch Times,
House Republicans have opened an inquiry into whether the Wikimedia Foundation is doing enough to stop coordinated effor…
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