NEW YORK — Oil prices fell in early trading on Sunday, falling further from a two-month high hit last week, after the United States and Iran refrained from launching military strikes in the Persian Gulf for the second day in a row. The price of a barrel of Brent crude oil to be delivered in
The setting is on the Pennsylvania battlefield. What is at stake is control of the House. House Democratic Leader Hakeem Jeffries will unveil the party’s Fighting for an Affordable America agenda on Sunday, with the midterm elections 100 days away and working to focus voters’ attention ahead of November. In Pennsylvania’s 7th District, located in
Economics has a term for what food prices have done in the United States in recent years: skyrocket. Rockets, because the cost of food consumed at home skyrocketed after the pandemic. Feathers, because once prices rise, they take time to fall. This has been frustrating for Americans hit by the largest increase in food prices
WASHINGTON– American consumers (and the Federal Reserve) are suffering another headache from high costs. The surge in data center investments — likely to top $700 billion this year — to boost artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive, and economists expect it to continue pushing
Hong Kong — China’s economy got off to a strong start in 2023, as consumers went on a spending spree after three years of strict pandemic restrictions ended. Gross domestic product grew 4.5% in the first quarter compared to the previous year, the National Statistics Office reported on Tuesday. That beat the estimate of 4%
CNN — High speed trains have proved their worth across the world over the past 50 years. It’s not just in reducing journey times, but more importantly, it’s in driving economic growth, creating jobs and bringing communities closer together. China, Japan and Europe lead the way. So why doesn’t the United States have a high-speed rail