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As Oil Prices Spike, G-7 Leaders Consider Releasing Reserves
Your fuel prices are skyrocketing because oil markets are in disarray. And things could get worse. In recent hours, US oil prices have skyrocketed past $110 a barrel, which are some of the most insane climbs in the record of the futures market in the US.More recently, they have paired back some of those gains. Now, this isn't cause for concern for the US economy yet, but it's an important psychological benchmark for global oil markets, and it will increasingly affect US consumers pump prices. The average pr ...
Watch Live: Trump Holds News Conference Amid Escalating Iran Conflict | WSJ
President Trump holds a news conference from Doral, Fla., as the widening conflict between the U.S. and Iran enters its 10th day and sends oil prices surging past the $100-a-barrel mark #Trump #Iran #WSJ ...
Who Is Reza Pahlavi? What We Know About His Plan for Iran
Raza Palavi, an exiled Iranian opposition figure, has been thrust into the spotlight after joint US and Israeli strikes killed Iranian Supreme Leader Ayatollah Ali Kamei. >> I'm answering their call. I've stepped in to lead this transition, and I have a plan for that.>> Here's what you need to know about the man trying to make a longshot play to become Iran's next leader. >> This is our Berlin Wall moment. Today, the 65-year-old prince is as prominent as ever.He has positioned himself as the antithesis of t ...
Brooklyn Mirage: How Raves, Death and Debt Bankrupted NYC's Biggest Club
New York City's biggest club, the Brooklyn Mirage, is officially dead. Cause of death, 120 million in debt and a citymandated shutdown. The Mirage first opened its doors here in 2015 when two party promoters from Switzerland opened an outdoor party in an industrial lot.But after Wall Street investors charged into the live events business, venues like the Mirage became unmed from their underground roots and crumbled under the weight of high interest rate debt. In 2021, Axar Capital started to lend tens of mi ...
Iran Picks Hardliner Mojtaba Khamenei as Supreme Leader | WSJ
Iran has picked up Mushtab Ham, the son of the slain Ayatah Hali Ham as the country's new supreme leader. Mushtab Ham is likely to follow his father's extreme uh conservative views on social matters, political and also on the Iran's role in the region as a sort of harbinger of radical politics. But he's also considered even more extreme than his father.He's very close to the so-called clerical nationalist groups. So most likely that would signal a harder line for the regime much closer to some kind of Islam ...
How Russia Attracts Fresh Recruits From Africa to Fight in Ukraine
We are going once again today. >> This is Oiora Okeshupu, a Nigerian soldier fighting for Russia in Ukraine. He's one of thousands of fresh recruits from Africa.Citizens from 36 African countries are fighting according to list of soldiers obtained by Swissbased nonprofit impact. Russia has been sort of really struggling to find recruits in Russia itself to fight its invasion of Ukraine. What you do.You bring people from outside. At least 24,000 foreign fighters and among them we know at least, you know, ver ...
Are DHS Agents Under Attack? We Investigated the Claims
We've seen violence against our officers go up over 830%. >> Our law enforcement officers are getting hurt. There's a thousand% increase in assaults against them.Domestic terrorists who are attacking law enforcement and attacking the public. This kind of messaging has been coming out of the Trump administration for months. Our immigration agents are under attack.We have been noticing these claims and how they often come after public backlash to enforcement surges, including after Renee Good and Alex Prey we ...
What the February Jobs Report Means for the Economy and the Fed
The U.S. economy lost 92,000 jobs in an unexpected downturn. WSJ’s Ashby Jones breaks down the latest jobs report. #Jobs #Economy #WSJ ...
Key Takeaways From Dismal February Jobs Report
The U.S. economy lost 92,000 jobs in an unexpected downturn. WSJ’s Ashby Jones breaks down the latest jobs report. #Jobs #Economy #WSJ ...
Why Safe Haven Assets Like Gold and Bonds Sold Off Amid Iran Conflict
In times of conflict, investors look for safe havens. But some of the usual ones aren't looking so safe at the moment. Here's why.Like oil tankers in the straight of Hormuz, investors seek out safe ports. Usually that's in the form of gold and US government bonds. But that wasn't really the case in the early aftermath of the US strikes on Iran.Through midday Thursday, gold was actually down more than 3% from the prior week. and US Treasury yields have risen each day since the conflict began. That means the ...