Oil prices lose 2% after China offers little detail on stimulus plans

American energy executives are expressing concern over President Trump's tariff threats and push for lower oil prices, despite their initial enthusiasm for deregulation and energy dominance. The industry is trying to balance fighting for their interests, like free trade, while avoiding offending the president, with hopes that the energy dominance agenda will take precedence over tariffs. Executives are worried about the impact of tariffs on the economy and oil prices, seeking more predictability and less...

The impact of tariffs on car prices will vary by model, with manufacturers likely to distribute cost increases evenly to mitigate the impact. Consumers should not rush to buy a new car due to uncertainty over tariff implementation, but may consider purchasing sooner if their preferred model is available. Electric vehicles and plug-in hybrids may be a good option due to potential tax credits, but buyers should carefully consider their needs and charging options. Additionally,...

A contracting firm called Leidos generated over $16 billion in revenue last year, primarily from federal agencies like the Department of Veterans Affairs. Despite initial budget cuts, the V.A. paused contract cancellations to review their impact on veterans, potentially leading to increased reliance on contractors. Leidos, a key player in providing veteran services, remains optimistic about the future of federal contracting despite uncertainties brought by the Trump administration and Elon Musk's government efficiency initiative. Full...

Two federal judges have ordered the Trump administration to rehire tens of thousands of government employees terminated in recent weeks, citing breaches of rules surrounding mass layoffs. Maryland district judge James Bredar and San Francisco district judge William Alsup issued temporary restraining orders directing reinstatement of probationary employees across various federal agencies, challenging Elon Musk's cost-cutting efforts. The judges found that the firings lacked cause and proper notice, prompting the Trump administration to clarify directives...

The value of gold has surged in the past five years, doubling to over $3,000 per ounce for the first time ever. This significant milestone may indicate a structural shift in the sector, suggesting long-term strength for the precious metal. The latest move in the gold market could herald a new era of increased value and stability. Full Article

President Trump has threatened to disrupt trade with close allies the European Union and Canada in response to retaliatory tariffs, risking further economic conflict. Trump has used tariff threats to pressure countries like Canada and Europe into submission, causing market volatility and uncertainty. Other countries like Australia and Mexico have chosen not to retaliate, while the EU and China have stood up to Trump's tactics, leading to potential trade wars. Full Article