Expect 'significant drop' in gas prices by Labor Day: Energy analyst
Center Left
The White House is facing the prospect of a summer slowdown in the job market, with economic issues top of mind for voters heading into November’s midterms. NBC News correspondents Kelly O’Donnell, Brian Cheung and Keir Simmons report on renewed economic concerns. Oil industry expert John Kilduff discusses what consumers can expect to pay at the gas pump heading into the fall.
Nobel laureate Paul Krugman, a research professor at the City University of New York's Graduate Center, says all jobs data is "noisy" when reacting to the June US employment report. Speaking on "Bloomberg The Close," Krugman also says he is "disturbed" by Federal Reserve Chairman Kevin Warsh's point of view on monetary policy and warns that the Supreme Court's Trump v. Slaughter ruling gives too much discretionary power to President Donald Trump. (Source: Bloomberg)
Paramedics conducted CPR on an individual experiencing a “cardiac arrest” at a known address for Sen. Mitch McConnell (R-Ky.) on the day his office disclosed he had been hospitalized, according to police scanner audio obtained by NBC News. NBC News' Sahil Kapur reports.
WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! Daily on Energy will be suspended tomorrow for the long-Independence Day weekend. Our regularly scheduled programming will pick back up on Monday! 🦅🇺🇲 If you’re in Washington D.C. for the festivities, this year’s fireworks are expected to start around 10:30 p.m. or 11 p.m. It will […]
The Mortgage Bankers Association’s recent report appears to show that immigration contributes to an increase in home prices. The June report notes that the national housing shortage ranges from “1.5 million to 7.3 million units,” and argues that demographic changes due to immigration policy will weaken housing demands. “Looking ahead, demographic trends are weakening the […]
In 1874, the state geologist of Pennsylvania, then the nation's leading oil producer, warned that the U.S.
The post “We’re Running Out of Oil”: The Lie Used to Support the Green Energy Agenda appeared first on The Gateway Pundit.
Millions of mourners are expected to turn out for the week-long funeral ceremonies recognizing Iran’s former Supreme Leader Ayatollah Ali Khamenei. Khamenei helmed the Islamic Republic for 37 years before being killed in U.S. and Israeli airstrikes on Feb. 28 at the beginning of the war. Khamenei is to be buried July 9 following days…
President Trump bought hundreds of stocks the day before he paused tariffs and caused the stock market to rally. Trump filed his latest financial disclosure on Monday, and it shows that he made 327 individual stock purchases worth as much as $12.8 million on April 8, 2025, from companies including Apple, Microsoft, Nvidia, Amazon, and Alphabet (Google’s parent company), according to an analysis from investigative outlet Sludge. The next day, Trump announced that he was pausing his sweeping tariffs for 90 days, and the S&P 500 went up by nearly 10 percent, one of its largest one-day increases ever.The timing of these trades suggests he planned to cash in, realizing that markets would rally after his announcement. Those weren’t the only suspicious stock trades he made last year, either. On August 18, Trump’s accounts bought between $250,000 and $500,000 of stock in chipmaker Intel, four days before the president announced that the federal government would take a nearly $9 billion equity stake in the company. Intel’s stock price went up 6 percent after that announcement.Trump also bought stock in defense contractor Palantir Technologies throughout the year, publicly praising the company while increasing its federal contracts, particularly those with Immigration and Customs Enforcement. One of his top advisers, White House deputy chief of staff and anti-immigration hawk Stephen Miller, also owns between $100,001 and $250,000 of Palantir stock. This year, Trump singled out Palantir on Truth Social in April and sent its stock price soaring.By law, Trump and other executive branch officials are supposed to publicly disclose securities transfers, including stock purchases, over $1,000 within 45 days. Not only did Trump wait more than a year to disclose the April stock purchases, he didn’t disclose any other of the thousands of stock trades he made in 2025.In all, Trump reported $2.2 billion in income in 2025, from crypto, stock trades, foreign real estate, suing news organizations, and other grifts. His administration is openly engaging in market manipulation and insider trading without any fear of consequences.
