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

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility By Michael Kern of OilPrice.com Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times. “It is a little bit of a more challenging, softer period that we need to be careful of,” Gary Pedersen, chairman and CEO of Gunvor Group, told FT in an interview published on Monday. “Frankly, it could...

People have rallied and rioted outside American embassies across the globe. 22 people were killed in Pakistan.  Several people attempted to storm the consulate in Karachi on Sunday morning. At least ten people were killed by gunfire while attempting to breach the diplomatic building. It is unclear if Pakistani security forces or American troops opened […]

France Approves Record Number Of Asylum Applications In 2025, Up 12% YoY Via Remix News, The latest data released by the National Court of Asylum reveals a historic statistical milestone: asylum grants in France have reached an unprecedented peak. In 2025, a record 78,782 individuals were granted asylum, marking a 12 percent increase over the previous year. The recognition rate has also climbed to an all-time high of 52.1 percent – or 47.1 percent when excluding unaccompanied minors. The initial stage of the asylum process is managed by the French Office for the Protection...