Chevron CEO warns aviation strain could worsen as jet fuel crunch deepens
Chevron CEO Mike Wirth warned that strain on the aviation industry could intensify in the coming weeks as jet fuel supplies tighten, driven by disruptions...
Author : Robert B. Hambrick
Bessent torches Democrat’s ‘sanctions relief’ claims, calls $14B Iran/Russia charge a DNC talking point
Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions relief for Iran has granted the country $14 billion during...
Trump says he wants ‘somebody’ to buy Spirit Airlines, opposes United-American merger
President Donald Trump on Tuesday said he wants to see someone purchase Spirit Airlines, with the low-cost carrier facing headwinds as it looks to exit...
DOJ reportedly pursuing criminal antitrust probe of major meatpacking companies
The Justice Department is reportedly pursuing a criminal antitrust investigation of large meatpacking companies after President Donald Trump called for them to face a probe...
Who is Kevin Warsh, Trump’s pick to succeed Jerome Powell as Fed chair?
As President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh is stepping back into the spotlight – and in the hot seat –...
Soaring jet fuel prices threaten to drive up summer travel costs
Americans who will be traveling this summer could see the cost of their summer vacations jump due to the spike in jet fuel prices. The...
California built more homes than people over six years — so why is housing still so tight?
California’s housing market is seeing an increase in inventory while the state’s population growth slows, but strong demand stemming from longstanding scarcity has kept the...
Trump admin to begin refunding $166B to businesses in wake of Supreme Court decision
Businesses can begin filing for tariff refunds on Monday as the federal government starts unwinding billions of dollars in import duties imposed by the Trump...
Recall reannounced for power banks after charger causes fire on plane, death to 75-year-old woman
A recall affecting more than 400,000 power banks has been reissued after federal regulators reported additional incidents, including a fatal fire and a separate onboard...
Steak and seafood chain 801 Restaurant Group files for bankruptcy after closing Denver, Minneapolis spots
A Kansas-based restaurant group with several steak and seafood locations in Kansas, Missouri, Minnesota, Colorado, Virginia, Nebraska and Iowa, has filed for bankruptcy. 801 Restaurant...