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A "God Bless America" quilt made by Denise Ladd is among those on display in the 2025 Sterling Public Library Quilt Show. (Callie Jones/Journal-Advocate) A "Pumpkins and Potions" quilt made by Sharon Palmer is among the entres in the 2025 Sterling Public Library Quilt Show. (Callie Jones/Journal-Advocate) A "Red and Ye
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US oil giant Chevron confirms it will expand operations in Venezuela
1+ week, 4+ day ago (488+ words) Chevron, the only U.S. oil company that has a major presence in the country, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company has an established position. Joint venture plans include investing more than…...
Bessent pitches US-backed financial literacy competition to world’s largest economies
1+ week, 5+ day ago (311+ words) As he hosted finance ministers from rich and developing nations in the G20, Bessent on Tuesday announced U.S. sponsorship for a competition called the “Financial Literacy Solutions Sprint.” The competition is intended to discover and showcase “innovative technology- and data-enabled solutions” developed…...
US consumer confidence falls to lowest level in 7 months as gas prices remain elevated
2+ week, 5+ day ago (333+ words) The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That was the lowest level in seven months but was essentially within the same lukewarm range it has been in since the beginning…...
From honey to hockey sticks, Trump’s trade war with Canada hikes tariffs on a long list of goods
2+ week, 5+ day ago (511+ words) Those are just a few of the hundreds of different Canadian products that President Donald Trump’s administration has slapped with a 50% tax to enter the United States. The new tariffs, which kicked in Saturday, are expected to affect about $20 billion…...
Iran’s rial currency hits new record low as US prepares to announce more sanctions
2+ week, 6+ day ago (504+ words) By NASSER KARIMI and DAVID RISING The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. Iran’s official Central Bank rate stood at around 1.5 million rial to the dollar, but the market rate is what most…...
Why Treasury Secretary Bessent’s moves to calm the bond market haven’t worked so far
3+ week, 3+ day ago (780+ words) By CHRISTOPHER RUGABER and STAN CHOE Bessent said Thursday on CNBC that the bond repurchase program could be larger than $4 billion. “We have a big toolkit so we’ll see,” Bessent said. “We believe that the yields don’t reflect the underlying…...
The bond market swings back to worries and helps knock US stocks lower
3+ week, 3+ day ago (682+ words) The S&P 500 fell 0.7% and is on track for a fourth loss in the five days since setting its all-time high last week. The Dow Jones Industrial Average was down 661 points, or 1.2%, with an hour remaining in trading, and the…...