WTI Holds Gains On Surprise Crude Draw; US Production Hit New Record Highs
Oil prices are up this morning on the possibility of tighter sanctions on Russian crude and held its gains after US inflation data matched expectations. US consumer prices rose 0.3% in November, meeting expectations and leaving traders to focus on a report...
Accounting Error Sends Macy’s Shares Tumbling; Goldman Calls Earnings “Disappointing”
Macy's reported its financial results for the third quarter on Wednesday and slashed its outlook after concluding an investigation into an employee who intentionally hid $151 million in delivery expenses from the fourth quarter of 2021 through the third quarter...
Billionaire Brit Abandons Tories; Backs Reform UK’s Farage As Next PM
In July, the UK held a general election that on the surface looked to be as consequential as the one we had here in the US in November. After 14 years of Conservative Party leadership, the Labour Party won an astonishing number of seats in Parliament, but...
Watch: Powerful Blast Rocks Luxury Residential Tower In Shenzhen
Dramatic footage has been posted on X, capturing the moment a powerful blast rocked a luxury residential tower in the southern Chinese city of Shenzhen.Number 1 trend on Weibo now: the terrible explosion that occurred in a residential building in Shenzhen's...
Here’s Who Owns US Debt
U.S. gross debt increased from $34.4 trillion at the end of 2023 to $36.1 trillion as of December 2024, with some experts calling it unsustainable.In this graphic, Visual Capitalist's Bruno Venditti brings a breakdown of U.S. debt composition, categorized by...
World Coal Demand And Exports Set For New Record High In 2024
By Tsvetana Paraskova of OilPrice.comThe world’s consumption and exports of thermal coal are expected to rise this year from 2023 to hit fresh record-highs, according to export and power generation data cited by Reuters columnist Gavin Maguire.Coal-fired...
Can Europe Afford Its Energy Transition?
Authored by Irina Slav via OilPrice.com,A new report estimates the EU's green transition could cost €1.3 trillion annually until 2030 and €1.54 trillion annually until 2050.The high cost of the transition may require higher taxes, subsidies, and potentially...
Japan Set To Restart Shimane Nuclear Reactor For First Time Since Fukushima Disaster
The world continues to "warm" back up to nuclear, with the latest example coming out of Japan, where its Shimane nuclear power station in western Japan has been restarted for the first time since the 2011 Fukushima meltdown.Japan's long-delayed restart of the...
LGBTQ+ PinkNews Outlet Bosses Accused Of Sexual Misconduct By Over 30 Former And Current Staffers oan
PinkNews bosses Benjamin Cohen, left, and Dr Anthony James have been accused of sexual misconduct by former and current staff members. (Photo via: Dave Benett/Getty Images Europe) OAN Staff Brooke Mallory3:55 PM – Tuesday, December 10, 2024 More than 30 former...
Here’s The Best Time To Buy A Christmas Tree
Website Finder.com cited data from the National Christmas Tree Association showing that 43% of American households are expected to purchase a real tree this holiday season, with the average tree costing around $79.31—around $4 more than in 2023.2020 marked a...
‘Sprained Wrist And Cut Up Face’ oan
Senate Minority Leader Mitch McConnell (R-KY) takes a question from a reporter during a news conference following the weekly Senate Republican policy luncheon at the U.S. Capitol on November 19, 2024 in Washington, DC. (Photo by Andrew Harnik/Getty Images) OAN...
East Vs. West: A Global Dollar Dump Is Inevitable And The US Must Prepare
Authored by Brandon Smith via Alt-Market.us,In October of 2024, Russia hosted the annual BRICS Summit in the city of Kazan with the intent to show unity among developing nations and general eastern interests. The Kremlin, a target of severe NATO sanctions since...
Kimberly Guilfoyle Nominated To Serve As Ambassador To Greece In Trump Admin oan
Kimberly Guilfoyle speaks during the third day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 17, 2024. (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images) OAN Staff Brooke Mallory6:05 PM – Tuesday, December 10,...
Bean Mania: Arabica Coffee Hits New High, Cocoa Jumps To 7-Month High
Cash-strapped US consumers should be deeply concerned about rising food inflation. It's 'stickier' than ever as coffee and cocoa prices surge.Arabica coffee futures in New York hit a record high on Tuesday, driven by ongoing fears of a global supply crunch....
‘Enemies Can’t Resist’ oan
US First Lady Jill Biden (CL) listens to US President-elect Donald Trump sits during a ceremony to mark the re-opening of the landmark Notre-Dame Cathedral in central Paris on December 7, 2024. (Photo by THIBAULT CAMUS/POOL/AFP via Getty Images) OAN Staff Abril...
China’s Oil Demand Could Peak In 2025
By Tsvetana Paraskova of OilPrice.comOil demand in China, the world’s top crude importer, could peak as early as next year as the penetration of electric vehicles and LNG trucks is accelerating, state-owned China National Petroleum Corporation (CNPC) said on...
Former Congressman Anthony Weiner Files For N.Y.C. Council Run Years After Sexting Scandal oan
Former Rep. Anthony Weiner leaves Manhattan Federal Court, September 25, 2017 in New York City. Weiner was sentenced to 21 months in prison for sexting with a minor. (Photo by Drew Angerer/Getty Images) OAN Staff James Meyers2:58 PM – Tuesday, December 10, 2024...
GM To Wind Down Cruise Robotaxi Operations
General Motors is winding down its Cruise robotaxi division, according to a new report from Bloomberg. GM's exit from the market leaves Google's Waymo and Tesla as the two main names in autonomous driving. The division "proved costly and full of reputational...