NEW YORK (AP) — If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday on a bet that Iran’s decision to bomb U.S. and Qatari bases signals it is not planning to do the one thing that could really hurt America: Shut down the flow of oil. The 7% drop…… MORE
Federal Reserve’s Bowman Says Rate Cut Should Be On Table In July
WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House. Bowman, who was appointed to the Fed’s board of governors by…… MORE
Musk Bets Cabs Will Give Tesla A lift After Boycotts And Sales Plunge
NEW YORK (AP) — Elon Musk has long promised to put a fleet of driverless Tesla “robotaxis” on the roads, but fans and shareholders have been kept waiting. Sunday, the billionaire may finally deliver. His Austin, Texas, electric vehicle maker has begun a test run in the city Sunday. Investors rattled by boycotts, plunging sales,…… MORE
Governors Of Western States Give Mixed Reactions To Proposed Federal Land Sell-Off
SANTA FE, N.M. (AP) — A Republican-sponsored proposal before Congress to mandate the sale of federal public lands is getting a mixed reception from the governors of Western states. Democratic New Mexico Gov. Michelle Lujan Grisham says the approach is problematic in New Mexico because of the close relationship residents have with those public lands.…… MORE
Support For Solar Energy And Offshore Wind Falls Among Democrats And Independents
A new poll shows Americans’ support for green energy tax credits and renewable energies like wind and solar power has decreased in recent years, driven by a softening in support from Democrats and independents. The Associated Press-NORC Center for Public Affairs Research poll finds U.S. adults’ support for tax credits for electric vehicles and solar…… MORE