Trump administration allows for Russian oil sales as energy prices soar
The move is an effort to calm markets and stem the economic fallout from the war on Iran, which has sent crude prices spiraling upward.
The move is an effort to calm markets and stem the economic fallout from the war on Iran, which has sent crude prices spiraling upward.
The bill comes three years after the collapse of Silicon Valley Bank, whose 2023 failure sparked calls for tougher punishments for executives at failed institutions.
High diesel prices could have wide implications for the economy. Along with trucking, diesel powers the nation’s rail carriers, farm tractors, harvesters and combines.
In January, the Education Department said new accountability rules will treat for-profit, nonprofit and public colleges equally.
More than half of the nearly 40 states that had signed on to the Justice Department’s landmark litigation voiced serious concerns over the deal.
Oil prices rebounded from nearly $120 per barrel, their highest since 2022, back below $90 on Monday.
Health care, which has been buoying the labor market for months, lost 28,000 positions in February, reflecting major strikes in California and New York. The information sector, which includes tech and media, shed 11,000 positions.
More than 50 medical schools — including the Indiana University School of Medicine — are set to pledge Thursday to boost their nutrition education.
The conflict — the largest U.S. military action since the invasion of Iraq in 2003 — is pushing oil prices higher and weighing down the stock market.
Bank executives fear the potential new documentation requirements would create new impediments to obtaining financial services in the United States.
Joining the ranks of “is AI a threat to humanity?” and “which way should toilet paper hang?” is yet another pressing question that as yet remains unanswered.
The trial, which is expected to run through the end of March, will serve as a critical test for thousands of other lawsuits that target not only Meta and Google, but also TikTok Inc. and Snap Inc.
Prices have never been higher — and the auto loans are bigger and longer than ever to make purchases possible. The auto industry is increasingly worried how much more consumers can take.
The many changes in the past year stem from an executive order last March by President Trump that calls for eliminating “divisive narratives” from national sites.
Without health care and related jobs, the United States would have nearly 400,000 fewer jobs than it did a year ago, according to Labor Department figures through January.
Large swaths of the Department of Homeland Security are set to shut down Saturday after Senate Democrats on Thursday blocked two funding bills.
Gail Slater — a veteran antitrust attorney who vowed to resist political interference at her confirmation hearing — announced her departure on social media.
This shutdown would not shutter Immigration and Customs Enforcement or U.S. Customs and Border Protection, because Republicans sent those agencies tens of billions of dollars in additional funding last year that would allow them to continue operating.
The tax agency’s chief risk and control officer wrote in a sworn declaration that the IRS provided confidential taxpayer information even when DHS officials could not provide sufficient data to positively identify a specific individual.
The measure is largely symbolic but it showcases the long-standing frustration some congressional Republicans have with Trump’s controversial trade policies.