A recent study has found that the reliability of U.S. economic data is in jeopardy due to inconsistencies in reporting methods. The study highlights concerns about the accuracy of key economic indicators, such as GDP and unemployment rates. Experts warn that the lack of consistency in data collection and reporting could lead to misleading information for policymakers and investors.
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Top shale boss says US oil companies will not flock back to Russia
US oil producers, including Continental Resources' Harold Hamm, are hesitant to invest in Russia despite talks of a peace deal, citing past losses and geopolitical risks. ExxonMobil and Chevron have previously scaled back operations in Russia due to sanctions, with analysts cautioning against hasty returns. Hamm supports Trump's tough stance on sanctions and tariffs, emphasizing US LNG exports for European energy security and praising the president's accomplishments in his first term. Full Article
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