Senators Unveil Sweeping Russia Sanctions Bill To ‘Honor’ Lindsey Graham

US Gas Prices Cross Politically Sensitive $4 Level Closely Watched By Trump The U.S. national average for a gallon of regular 87-octane gasoline has climbed back above the politically sensitive $4 threshold as U.S. military forces and Tehran enter a ninth day of tit-for-tat strikes. This level is significant because it is where fuel costs begin to alter spending and driving behavior among working-poor households, while also weighing more broadly on consumer sentiment, making it a key pressure point closely watched by the Trump administration ahead of the midterm...

Business Financial Distress Nears COVID Levels As Sole Trader Numbers Rise Authored by Rex Widerstrom via The Epoch Times (emphasis ours), The volume of businesses struggling to pay their debts in Australia is on track to exceed the heights set during the COVID-19 pandemic, according to two reports on the nation’s economic health. Australian dollar coins and banknotes in Melbourne, Australia on April 4, 2024. AAP Image/Joel Carrett Up to 13 percent of working-age Australians and 47 percent of secondary school students want to work for themselves or start a business, but that’s...

Oracle Jumps On Solid Earnings And Guidance Boost Despite Soaring CapEx And Cash Burn There was much anxiety ahead of Oracle's Q3 earnings release: yes, revenue growth would be solid but would it come at the expense of even more capex, which has sent the stock price tumbling more than 50% since its record high on Sept 10. In the end, it turned out the company had learned from recent mistakes and projected a goldilocks future: strong revenue and just right capex. Here is what Oracle reports for Q3: Adjusted EPS $1.79...