Gas Prices Continue to Rise, Diesel Back Above $5 as ‘Ugly Inflation’ Returns
Gas prices are on the rise again in the United States as “ugly” inflation returns.
Business
South Africa May Start Taking Land from White Farmers without Compensation
South Africa may start confiscating land from white farmers without giving them compensation, according to reports.
IMF Chief Warns World Heading Toward ‘Dangerous New Normal’
The head of the International Monetary Fund (IMF) has warned that the world is heading toward a “dangerous new normal.”
Biden Releases More Oil after OPEC Slashes Output
The Biden administration has moved to release more domestic oil after the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC) and its allies surprised global energy markets on Wednesday by agreeing to slash crude production by 2 million barrels per day (BPD).
$453 Billion in Value Wiped from New York Offices Due to Remote Work
An estimated $453 billion in value has been wiped from offices in New York City due, in part, to the rise of remote work, a new study has found.
Tesla Shares Dip as Vehicle Deliveries Fall Short in Q3
Tesla shares have fallen on news that the electric automaker failed to meet its target for vehicle deliveries in the third quarter.
Russia Suspends Gas Flow to Italy, Blames ‘Regulatory Changes’ in Austria
Russia has cut off its supply of gas to Italy, blaming “regulatory changes” in Austria for the suspension.
Gas Prices Continue to Climb on Higher Demand, Tighter Supply
Gas prices have risen for ten days in a row across the United States amid heightened demand and a tighter supply.
Elon Musk & Jack Dorsey’s Private Text Messages Expose Rationale behind Twitter Takeover
The private text messages between Elon Musk and other key figures related to his Twitter takeover effort have exposed the rationale behind the billionaire’s bid to buy the company.
Toyota CEO: California’s Ban on Gas-Powered Cars ‘Difficult’ to Meet
Japanese automaker Toyota’s CEO and President Akio Toyoda has warned that California’s ban on gas-powered vehicles by 2035 is a “difficult” target to meet.