NEWYou can now listen to Fox News articles! FIRST ON FOX: The Senate’s newest member is reviving an issue that has echoed through the halls of Congress for years, and one that, if successful, could turbocharge energy production in the U.S. Sen. Alan Armstrong, R-Okla., who was appointed to replace Department of Homeland Security Secretary … Read more
NEWYou can now listen to Fox News articles! SUMTER, S.C. — Sen. Ted Cruz, R-Texas, said the Democratic Party has been “radicalized,” pointing to New York City mayoral candidate Zohran Mamdani, Maine Senate hopeful Graham Platner and Rep. Alexandria Ocasio-Cortez, D-N.Y., as signs of where the party is headed. “Look, unfortunately, I think that’s the … Read more
On “Face the Nation with Margaret Brennan,” energy analyst Kevin Book says it could take “a while” for gas prices to return to pre-Iran war levels, pointing to uncertainty and depleted oil reserves. And Biden-era adviser Amos Hochstein discusses how the U.S.-Iran deal could impact Iranian oil revenue. Source link
How the Strait of Hormuz blockade has forever changed the world’s energy trade – CBS News Watch CBS News President Trump said the Strait of Hormuz will reopen within “the next day or two.” Semafor climate & energy editor Tim McDonnell explains why global energy trade will never be the same, even when the strait … Read more
Wholesale prices see biggest spike since 2022 as energy costs climb – CBS News Watch CBS News The producer price index came in much higher than expected in May, signaling that U.S. consumers may face more inflation in the coming months. CBS News’ Kelly O’Grady explains. Source link
Inflation facing U.S. businesses surged in May to its highest level since November 2022 amid higher energy prices stemming from the Iran war. The Producer Price Index, which registers inflation before it reaches consumers, soared 6.5% in May from a year ago, the Labor Department reported on Thursday. On a monthly basis, the PPI rose … Read more
Household budgets are under increased pressure as new Consumer Price Index data shows inflation rose to 4.2%, the highest level since April 2023. The Federal Reserve will meet later in June to discuss interest rates. CBS News’ Kelly O’Grady breaks it down. Source link
A visit to Odesa and Kyiv reveals a country anxious to stop the killing and determined to keep living. Source link
NEWYou can now listen to Fox News articles! FIRST ON FOX: More than 70 lawmakers are lining up against a Colorado county’s effort to hold major oil companies financially liable for alleged climate change damages. The group of House Republicans led by House Majority Leader Steve Scalise, R-La., is calling on the Supreme Court to … Read more
It makes sense to be strategic about how you manage HVAC energy expenses in today’s economy. Tetra Images/Getty Images Utility costs have remained stubbornly high over the last few years, and as inflation climbs, so do the costs tied to heating and cooling a home. What that means is that heating and cooling expenses are … Read more