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Goldman: US Sanctions Policy to Determine Venezuela's Oil Production Outlook
Venezuelas oil production outlook this year will depend on how U.S. sanctions policy evolves Goldman Sachs analysts said after President Donald Trump deposed Venezuelan President Nicolas Maduro.
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L3Harris Nears Space Propulsion Asset Stake Sale to AE Industrial
L3Harris Technologies is nearing a deal to sell a 60% stake in a portfolio of space and propulsion businesses to private equity firm AE Industrial Partners as the large defense company sheds some NASA business lines to sharpen focus on national security...
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Experts: Oil Prices Likely to Move Higher on Venezuelan Turmoil
Oil prices are likely to move higher when benchmark futures resume trading later on Sunday on concern that supply may be disrupted after the United States snatched Venezuelan President Nicolas Maduro from Caracas at the weekend and President Donald Trump said Washington...
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Venezuela Events, Jobs Data Set to Jolt Stocks as 2026 Kicks Off
The first full trading week of the new year could shake the U.S. stock market out of its winter holiday slumber as investors parse the rapid developments in Venezuela while monthly jobs data looms.Stocks slid in the final session of 2025 with the benchmark SP 500 falling...
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Last Year's Odd Economy in Five Charts
The economy in 2025 was filled with contradictions as growth was healthy while hiring slowed inflation stayed elevated and unemployment rose.Last years odd outcomes raise a host of questions for the upcoming year Will a growing economy eventually boost the sluggish job...
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Investors Face More Geopolitical Whiplash After Venezuela
Global investors are facing a fresh surge in geopolitical risk after the U.S. capture of Venezuelan President Nicolas Maduro a move that could unlock the nations vast oil reserves and boost risky assets over the longer-term but prompt a flight to safety when trading...
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Duffy: FAA Restrictions Still in Place for Caribbean
Transportation Secretary Sean Duffy confirmed Saturday that the Federal Aviation Administration had imposed airspace restrictions over parts of the Caribbean and Venezuela following U.S. military strikes in the region.
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Fed's Paulson Signals Another Rate Cut Could Take a While
Federal Reserve Bank of Philadelphia President Anna Paulson said on Saturday that further central bank rate cuts could be some way off while officials take stock of the economys performance after an active campaign of easing last year.
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Tesla EV Sales Share Drop Was Predicted Last April
Tesla lost its position as the worlds top electric vehicle seller in 2025 a shift that analysts had predicted months earlier as mounting competition and political and market pressures weighed on the companys sales.
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US Appeals Court Rejects 'Top Gun: Maverick' Copyright Claim
A federal appeals court ruled on Friday that the 2022 Tom Cruise blockbuster "Top Gun Maverick" did not infringe a magazine article that inspired the original 1986 "Top Gun" film.
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Peter Morici: Expect 'Broadening of Bull Market' in '26
Investors should remain confident in stocks despite residual inflation from the Biden administration according to economist Peter Morici on Newsmax on Friday predicting a broadening bull market in 2026 driven by stronger profit growth beyond the technology sector.
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Dow Closes Higher on First Day of 2026
The Dow ended higher Friday starting 2026 by snapping a four-day losing streak but gains in chip makers Nvidia and Intel could not hoist Wall Streets other indexes into solidly positive territory.
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Beef Price Antitrust Case Opens Consumer Claims
Consumers who purchased certain beef products between 2014 and 2019 may be eligible to receive cash payments under a federal antitrust class action settlement.
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Raising Taxes on the Rich Won't Solve Our Problems
Dont be fooled. Yes the status quo is unsustainable and pretending otherwise is reckless. But taxing the rich cant meaningfully solve our underlying fiscal problems. Feelings are not solutions.
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Wind Power Lies Costing Blue-State Ratepayers
The administration claims that the huge installations obscure the detection of potential foreign adversaries that could threaten "east coast population centers." President Donald Trump paused construction until a solution if any could be devised.
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Mamdani Targets Landlords, Moves to Intervene in Bankruptcy
New York City Mayor Zohran Mamdani used his first day in office to roll out executive orders aimed at landlords and housing development.
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Weedkiller Study Retraction Renews Roundup Debate
A long-relied-upon study declaring the weedkiller glyphosate safe has been retracted reopening debate over the health risks of the chemical used across much of American agriculture.
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Malliotakis: Mamdani 'Does Not Have a Mandate'
Rep. Nicole Malliotakis R-N.Y. told Newsmax that New York City Mayor Zohran Mamdani does not have a mandate to impose his radical left policies and the citys residents will soon feel the pain of socialism.
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US Sets New LNG Export Records in Banner Year
The U.S. in 2025 became the first country to export more than 100 million metric tons mmt of liquefied natural gas in a single year powered by the startup of production from new plants preliminary data from LSEG showed.
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Shoes Off: The Offbeat Start-Up Office Trend
Step into some start-up offices these days and you might think youve wandered into a house party.
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Cracker Barrel Drops New Year's Black-Eyed Peas Dish
Cracker Barrels has inexplicably removed black-eyed peas a Southern tradition especially on New Years from its menu.
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Trump Defends Tariffs as Supreme Court Ruling Nears
President Donald Trump on Thursday forcefully defended his use of tariffs as the Supreme Court prepares to issue a potentially consequential ruling on the scope of presidential trade authority a decision that could determine the future of his signature economic policy.
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Saks CEO Metrick Steps Down Ahead of Bankruptcy
Department store Saks Global said Friday CEO Marc Metrick has stepped down and named insider Richard Baker as his successor. In addition to the CEO role Baker will continue to serve as Executive Chairman.
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Elon Confirms He's 'All In' to Finance GOP for Midterms
Tech mogul and billionaire Elon Musk is signaling a massive return to the political arena vowing in a social media post on New Years Day to bankroll Republican candidates in the 2026 midterm elections to prevent what he described as the "doom" of the United States.
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Gas Prices Lowest Since March '21
National gas prices are at their cheapest levels in almost five years beginning 2026 at an average of 23 cents less than a year earlier under then-President Joe Biden.