Treasure Secretary Scott Bessent said oil pipelines will make Strait of Hormuz irrelevant in two years. Energy experts say that is unlikely to happen.
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The stakes are high as Fed Chair Kevin Warsh prepares to give a speech on Friday at the annual gathering of economists and central bankers in Jackson Hole, Wyoming.
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With the war in Iran driving up fuel prices, diesel is now nearly $5.60 a gallon, affecting school districts at the start of the year.
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Tariffs and export controls have been the Trump administration's main economic security tools. Neither is working very well right now.
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The proposal comes weeks before the midterm elections, when food prices and the cost of living are expected to be major issues on voters' minds.
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The social media giant also agreed to make sweeping changes to Instagram and Facebook.
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The price of electricity is soaring in the summer heat, when fans and air conditioners are working nonstop. In Tulsa, Okla., people are having their power cut when they can't pay their bills.
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Theaters have had something for everyone this summer, and fans are paying top dollar for premium formats like IMAX. There are also fewer moviegoers, fewer movies and fewer screens than there were pre-COVID.
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Every country tells a different economic story. It's time to test your knowledge of the big ideas we've collected on our World Tour. Eight questions stand between you and your Summer School diploma.
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San Diego's eight golf courses that are leased to private operators could be producing more revenue for city services, auditors found.
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Universities have refused to share information about the money they’re giving student athletes. CalMatters is suing UCLA and UC Berkeley for the data and sharing what we know so far, including the contracts universities sign with students and details about some of these payments.
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