Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income

Russia's Oil Revenues Surge As The World Scrambles For Supply Authored by Felicity Bradstock via oilprice.com, Following the Russian invasion of Ukraine in 2022, several major world powers introduced strict sanctions on trade with Moscow. Europe and the United States have been gradually decreasing their dependence on Russian gas and other energy products and putting pressure on other countries to do the same, to place a financial strain on Moscow, as the war with Ukraine continues. However, some countries, such as India and China, have used these sanctions as an excuse...

US Southern Command announced on Sunday that its forces blew up another alleged drug-running boat in the waters of Latin America and killed at least six people, marking the first known US boat strike since the US and Israel launched the war against Iran. SOUTHCOM said that the strike targeted the small vessel in the […]

Water-Based Method Recovers 65% Of EV Battery Metals In One Minute At Room Temperature Authored by Neetika Walter via Interesting Engineering, Researchers at Rice University have developed a water-based method that recovers valuable metals from spent lithium-ion batteries in minutes, offering a faster and lower-energy alternative to conventional recycling systems. The new process targets key battery materials including lithium, cobalt, nickel, and manganese, which are in growing demand as electric vehicle and electronics production expands worldwide. Battery recycling is becoming increasingly important as mineral supply chains tighten and nations seek to reduce dependence...