GOP Senate Candidate Mike Rogers Rejects Direct AIPAC Support

US To Release Heating Oil Reserve In Northeast To Lower Prices Authored by Jack Phillips via The Epoch Times, The U.S. Department of Energy has announced it will offer a heating oil exchange in a bid to lower costs ahead of the winter as the war in Iran continues. In a statement released on Wednesday, the department announced a proposal request for an exchange of up to 315,000 barrels of ultra-low sulfur distillate, a refined oil product used for home heating. Ultra-low sulfur distillate uses the same specification as most types of...

World Cup Hangover Triggers Retail Sales Slump In July, K-Shaped Economy Waning Based on BofA's almost omniscient analysts, traders should expect a big disappointment this morning from US retail sales as the bank's data showed a huge drop in online retail (card not present) in July... ...because Prime Day and related promotions were pulled forward from July to June this year. Many other retail categories also saw m/m declines, including clothing, gas (due to lower prices) and furniture. Other factors driving the weakness in July likely included the heat wave around July 4...

Iran To Deepen Ties With 'Principal Strategic Partner' China: Ghalibaf Via The Cradle Iranian Parliament Speaker and special representative for China affairs, Mohammad Bagher Ghalibaf, held the first joint meeting with key economic officials on Wednesday to align Tehran's economic strategy toward Beijing. The session in Tehran included the ministers of economy, oil, and industry, alongside the central bank governor and the head of the Plan and Budget Organization. The assembly focused on establishing a unified government approach to elevate bilateral relations and coordinate the administration's economic priorities. During the proceedings, officials evaluated...