President Trump promised voters he would bring prices down on “Day 1” in office, but three weeks into his term, the White House is downplaying the likelihood of immediate relief, citing global economic forces. Trump’s policies like tariffs and tax cuts may exacerbate inflation, as he aims to reduce costs through expanding energy production and cutting regulations. Inflation figures show unexpected rises in prices, with Trump blaming Biden for the spike, and economists expressing concerns about potential further increases due to Trump’s tariffs and tax proposals.
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Why Occidental Petroleum Stock Slumped 15% in the First Half of 2025
Occidental Petroleum (NYSE: OXY) has struggled significantly, losing 17% in 2024 and an additional 15% in the first half of 2025, largely due to declining crude oil prices. This raises questions about whether the stock's downturn is merely a reaction to market conditions or an overreaction, potentially presenting a buying opportunity for investors, including notable supporter Warren Buffett. Explain It To Me Like I'm 5: Occidental Petroleum's stock has been losing value for a while,...
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