Month: May 2025
OPEC+ agrees another accelerated oil output hike for June, sources say
FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Maxim Shemetov | Reuters Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike […]
Read More
Jaguar Land Rover restarts car exports to the U.S., London’s Times reports
A used Range Rover Evoque vehicle for sale at a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. Bloomberg | Bloomberg | Getty Images Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper […]
Read More
Singapore votes in test of ruling party’s monopoly
Singaporeans were voting in an election on Saturday almost certain to perpetuate the unbroken rule of the People’s Action Party, in a test of public approval for the new prime minister as the city-state braces for economic turbulence from a global trade war. The election is a bellwether for the popularity of the PAP, which […]
Read More
Trump downplays recession fears, saying the U.S. would be ‘OK’ in the long term
President Donald Trump on Friday downplayed concerns about potential economic trouble, saying everything would be “OK” in the long term, even if the U.S economy experienced a recession in the short term. Asked twice by “Meet the Press” moderator Kristen Welker whether it would be OK in the long run if there were a recession in the short […]
Read More
Who owns London’s (privately owned) public spaces?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Privately-owned public spaces—or POPS—have transformed cities over the past sixty years. But their ownership is regularly questioned — and with it, their design, accessibility and what they’ve replaced. 19:29 Fri, May 2 20258:00 PM EDT Source
Read More
Berkshire meeting ‘bazaar’ features Buffett Squishmallows, 60th anniversary book and giant claw machine
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT The welcome sign at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC OMAHA, Nebraska — Berkshire Hathaway shareholders are getting more bang for their buck at this year’s meeting with the annual shopping event more […]
Read More
Trade talks will be key next week for a market striving to leave tariff turmoil behind
Trade talks will continue to be critical in the week ahead, as equities mount an impressive rally on hopes the U.S. economy is strong enough to weather the fallout from Trump’s tariffs. The S & P 500 has made a huge comeback since the post-April 2 sell-off, recouping all its losses after the latest jobs […]
Read More
Footwear giants Nike, Adidas and others ask Trump for tariff exemption
A man shops for shoes at a Nike outlet store in Los Angeles on April 10, 2025. Frederic J. Brown | Afp | Getty Images America’s largest shoe brands are asking President Donald Trump for a tariff reprieve. The Footwear Distributors and Retailers of America trade group sent a letter to the White House this […]
Read More
Trump aims to cut $6 billion from NASA budget, shifting $1 billion to Mars-focused missions
The Trump administration has floated a plan to trim about $6 billion from the budget of NASA, while allocating $1 billion of remaining funds to Mars-focused initiatives, aligning with an ambition long held by Elon Musk and his rocket maker SpaceX. A copy of the discretionary budget posted to the NASA website on Friday said […]
Read More
Newark flight disruptions pile up as United Airlines blames FAA staffing, technology
United Airlines airplanes proceed to a runway at Newark Liberty International Airport on Feb. 20, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines passengers faced hourslong delays again Friday as air traffic controller staffing issues disrupted more flights at the carrier’s hub at Newark Liberty International Airport in […]
Read More