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Venezuela says Trump’s historic oil deal targets 1.5M barrels per day, could generate $200B
Venezuelan interim President Delcy Rodriguez on Saturday touted a “historic” oil agreement with the United States announced by President Donald Trump. Speaking during an evening address, Rodriguez celebrated the agreement, saying it would help revive…
Retirees are pouring into this coastal getaway – and it’s feeling the strain
Beach towns in Delaware are attracting a growing number of retirees as the region emerges as an alternative destination to more prominent locations like Arizona and Florida, and it’s straining local resources. A new report by Bloomberg notes retirees are…
Trump teleprompter operator ordered to pay nearly $173K over Kalshi bets on speeches
A White House teleprompter operator who used advance access to President Donald Trump’s speeches to bet on what the president would say has been ordered to pay nearly $173,000 and stop trading for three years, federal regulators announced Friday. The…
Apple implements price hikes for its TV streaming service and ‘One’ subscription bundle
Apple raised its streaming price for Apple TV on Friday, up from $12.99 to $14.99 per month or $119 a year when it used to cost $99. Apple also raised the price of its Apple One service, which combines Apple TV, as well as other services such as iCloud…
Walmart agrees to pay $50M settlement over allegations its pharmacies filled illegal opioid prescriptions
Walmart has agreed to pay a $50 million settlement over allegations its pharmacies were illegally filling thousands of prescriptions for opioids and other controlled substances, according to the Department of Justice (DOJ) and Drug Enforcement Administration…
Trump announces ‘biggest oil deal in world history,’ says it will substantially lower gas prices
President Donald Trump announced a major oil agreement with Venezuela on Friday, saying the U.S. has secured majority control of more than 65 billion barrels of the country’s proven oil reserves. “The United States of America has just entered into an…
What Warsh’s Jackson Hole speech signals about where interest rates are headed
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote address at the annual Jackson Hole Symposium on monetary policy, outlining his views of the economy and his perspective on why he thinks the central bank’s forward guidance should be…
Utah’s Burger King magnate recalls in memoir why his greatest success was giving back
From growing up poor and fatherless in a tough Italian neighborhood in Buffalo, New York, likened to that of the film “Goodfellas,” to building a Burger King franchise empire in the mountainous West of Utah, John Gullo’s story is a quintessential example of…
X reveals foreign adversary behind fake accounts disseminating anti-data center messaging
The social media platform X announced that it performed a probe regarding “suspected Chinese inauthentic accounts” participating in influence efforts, uncovering a bot farm of around 200,000 accounts, of which 200 accounts were posting in a way that could…
Warsh says Fed’s main focus should be on prices, as central bank’s rate policy in focus
Federal Reserve Chair Kevin Warsh on Friday delivered his first keynote at the annual monetary policy conference in Jackson Hole, Wyoming, against a backdrop of uncertainty over inflation, as well as how he will guide policymakers as they consider interest…