LONDON—Oil steadied on Monday as looming interest rate hikes by major central banks and signs of strong Russian exports balanced rising Middle East tension over a drone attack in Iran and hopes of higher Chinese demand. Investors expect the Federal Reserve to raise rates by 25 basis points on Wednesday, followed the day after by…
Oil Steadies as Rate Hikes Loom, Russian Flows Stay Strong
January 30, 2023
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Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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Rationality and Irrationality in the Debt-Ceiling Issue
Commentary Well, here we go again: For the next few months we’ll be witnessing what I call “the debt ceiling dance”—the same old back-and-forth rhetorical sallies (GOP: “We need to cut some spending”; Democrats: “Raise the limit unconditionally”). The ritual of the debt-ceiling dance is well known because we’ve been through it many times before….
UN General Assembly Head Says Security Council Is ‘Paralyzed’, Cannot Maintain Peace Amid Russia–Ukraine War
The president of the United Nations General Assembly said on Jan. 29 that the 15-member Security Council (UNSC) is “paralyzed” and cannot perform its basic function of maintaining peace amid Russia’s invasion of neighboring Ukraine. Csaba Korosi made the comments to the Indian news agency PTI after touching down in the nation on Sunday ahead of…
Shares Shaky as Rate-Hike Week Looms
January 30, 2023
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Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsMedia & Big Techrecessionstocks
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SYDNEY/LONDON—Shares slipped on Monday at the start of an agenda-setting week for markets in which likely interest rate hikes in Europe and the United States, as well as U.S. jobs and wage data, will give markets a fresh update on the battle against inflation. Investors expect the Federal Reserve will raise rates by 25 basis…
Couple Build Their Own Airbnb in a Tree From Scratch, Business Flourishes, and It’s Uber-Cozy
A couple has made nearly $56,000 after turning their garden tree into an Airbnb. Will Sutherland and his wife, Sabrina, started the project in March 2021. They spent the next eight months using second-hand material to create the property, pulling on their previous DIY experience and turning to online forums for extra help. Having made…
Excellent Solutions for Your 7 Biggest Clutter Problems
I have a theory that most of us would be more than willing to let go of the stuff that’s cluttering our homes if we knew these things would serve a worthwhile cause or help someone else. And I know too well the conflict. It’s nearly impossible for me to let go of things that…
Mongolian Beef
View the print-ready version of this recipe on Once Upon a Chef. Mongolian beef is a popular Chinese-American restaurant dish that consists of tender, crispy beef in a savory-sweet brown sauce. This version comes from The Woks of Life, written by Bill, Judy, Kaitlin, and Sarah Leung, the family behind the popular Woks of Life blog. I’m…
House Intelligence Committee Chair Says ‘Grave Concern’ Over Contents of Biden, Pence Classified Documents
January 30, 2023
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bidenBiden Documents Probeclassified documentscongressFeatured TopicsHouse Intelligence CommitteePencePoliticsRepublicansUSUS News
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House Intelligence Committee Chair Mike Turner (R-Ohio) said on Jan. 29 that there is “grave concern” about the contents of classified documents found at the homes of President Joe Biden and former Vice President Mike Pence, adding that the discoveries suggest a “systematic problem” in the way that classified documents are handled among those at the highest levels…
Screenwriter Gregory Allen Howard Dies at 70
Screenwriter Gregory Allen Howard has died. He was 70. Howard died Friday at a hospital in Miami of heart failure, according to publicist Jeff Sanderson. Howard adapted stories of historical figures in “Remember the Titans” starring Denzel Washington, “Ali” with Will Smith, and “Harriet” with Cynthia Erivo. Born in Virginia, his family moved often due…
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