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  • US likely to extend Russian oil waiver to temper Iran war shock: sources

    04/12/2026 8:12:44 AM PDT · by MinorityRepublican · 13 replies
    Reuters ^ | Sat, Apr 11, 2026
    US President Donald Trump’s administration is likely to extend as soon as Friday (Apr 10) a waiver allowing countries to buy some sanctioned Russian oil and petroleum products, two sources familiar with the matter told Reuters. The US Treasury Department has allowed purchases of Russian oil and products at sea since mid-March with a 30-day waiver that expires on Apr 11, part of efforts to control global energy prices during the US-Israeli war with Iran. Russia’s presidential envoy Kirill Dmitriev had said that the original waiver would free 100 million barrels of Russian crude, equal to almost a day’s worth...
  • Twelve Dollars for Two Gallons’: E.V.s Lure Drivers as Gas Prices Rise

    04/05/2026 8:49:21 PM PDT · by Cronos · 101 replies
    New York times ^ | 5th April 2026 | Chris Hippensteel, Mike Bonamo, and Miles G. Cohen
    “I drive about 30, 40 miles a day, so I’m looking at $92, almost $100 in gas prices,” Mr. Harvey said. “So I’m like, maybe I should trade in my car and get something electric for the time being.” several brands have reported an uptick in electric vehicle sales in the opening months of 2026. Tesla has reported a modest year-over-year increase in sales, and Hyundai and General Motors’ Cadillac division have also seen electric car sales increase. You didn’t have to go far from the auto show on Saturday to see why drivers are showing a renewed interest in...
  • Federal court says Trump doesn’t have the power to impose tariffs unilaterally (Tariffs vacated)

    05/28/2025 4:22:10 PM PDT · by janetjanet998 · 241 replies
    A federal court has determined that President Donald Trump does not have the authority to unilaterally impose tariffs, dealing a sweeping blow to the president's main weapon in his ongoing global trade war. A panel of judges on the U.S. Court of International Trade found the tariffs were unlawful and permanently vacated them.
  • How Elon Musk Is Influencing Donald Trump

    09/06/2024 1:21:37 PM PDT · by E. Pluribus Unum · 33 replies
    The New York Times ^ | Sept. 6, 2024, 12:21 p.m. ET | Ryan Mac, Theodore Schleifer and Maggie Haberman
    Their fast-evolving political friendship has become a potential minefield, as Mr. Musk’s sprawling businesses may present conflicts of interest if Mr. Trump is elected in November.In a live-streamed conversation on X with former President Donald J. Trump last month, Elon Musk raised the idea of a “government efficiency commission.” Such a council could ensure that taxpayers’ money was “spent in a good way,” Mr. Musk said during their more-than-two-hour talk. “I’d love it,” Mr. Trump replied. On Thursday, Mr. Trump followed up on Mr. Musk’s suggestion. In a speech at the Economic Club of New York, Mr. Trump said he...