The U.S. economy demonstrated unexpected strength in the third quarter of 2026, growing at an annualized rate of 3.4%, surpassing economists' predictions of 3.2%. This growth was fueled by robust consumer spending and significant investments in artificial intelligence (AI), helping to counterbalance the adverse impacts of rising oil prices due to the ongoing conflict in the Middle East.
Despite the positive GDP figures, inflation remains...
In a move President Donald Trump hailed as a significant achievement for American energy policy, the United States has secured a new oil agreement with Venezuela. During a campaign rally in Corpus Christi, Texas, Trump highlighted the arrival of an oil tanker off the Texas coast, reportedly carrying one million barrels of Venezuelan oil, as a major victory. He emphasized that this shipment comes...
