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Food banks scramble after USDA halts $500 million in deliveries
CNN — In the coming weeks, the shelves at dozens of food pantries in California’s Fresno County will be a little emptier. Visitors won’t be able to take home as many groceries, and their bags will contain fewer nutritious items like chicken, eggs, milk and cheese. That’s largely because the US Department of Agriculture has…
Oil Tops $79 for the First Time Since 2014 after
New York CNN Business — Oil prices on Tuesday climbed to their highest level in nearly seven years after OPEC and its allies declined to significantly ramp up production. US crude jumped another 1.4% to settle at $78.93 a barrel. For much of the day, it was trading above $79 a barrel, a level unseen…
Copper Prices Surge to Record High Aid Tariff Anxiety
New York CNN — Gold isn’t the only metal smashing through record high prices. Copper prices in New York hit a record high on Wednesday after Bloomberg reportedthat President Donald Trump might impose tariffs on copper imports in the coming weeks. Wall Street had expected tariffs on copper to come later this year. The most…
Trump announces 90-day pause on ‘reciprocal’ tariffs with exception of
CNN — President Donald Trump announced a complete three-month pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China, a stunning reversal from a president who had insisted historically high tariffs were here to stay. But enormous tariffs will remain on China, the world’s second-largest economy. In fact,…