In 1973, OPEC proclaimed an oil embargo on the U.S. for its decision to resupply the Israeli military during the Yom Kippur war. The embargo lasted until March 1974, and during this time oil prices quadrupled. To control supply, the federal government under Nixon rationed oil, by state, to 1972 levels. By February 1974, it
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction of
A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority (AGCM)
Joni Mitchell received the Lifetime Achievement Award at the 2026 Junos, the annual awards show hosted by the Canadian Academy of Recording Arts and Sciences (CARAS). After accepting the award, Mitchell joined Sarah McLachlan and Allison Russell during their tribute medley to sing “Big Yellow Taxi.” Watch footage from the ceremony below. After accepting the
Eurovision Song Contest spin-off, Eurovision Asia, looks set to be held in Bangkok this year – check out all the details below. READ MORE: Eurovision 2024 – fans and boycotters speak: “This is bigger than the contest” The Eurovision Asia Song Contest looks set to be held in November, a decade after it was first announced.
The fighting game community is going to have their hands full this summer between the release of Marvel Tōkon: Fighting Souls and Avatar Legends: The Fighting Game. The studio behind the 2D fighting game based in the Avatar universe announced that a July 2 release date with a trailer that shows off new gameplay and
Critic’s Rating: 3.5 / 5.0 3.5 Twins who were secret sperm donors. A debate over who gets Stephens’ name. Questions about whether Holmes is real. Is Watson a medical drama or a soap opera? Watson Season 2 Episode 15 relied on too many weird tropes, then followed it up with a twist that seemed more
An old Soviet-era Lada car drives past a truck belonging to a private Cuban company (mipyme) parked in front of a gas station with an IsoTank of imported fuel in Havana on March 19, 2026. Adalberto Roque | Afp | Getty Images A Russian oil tanker carrying a humanitarian shipment of 100,000 tons of crude
The Valet. team is always on the hunt. We’re scrolling, shopping, and visiting showrooms to sift through the noise to find what’s actually worth your time and money. From fresh new labels and reliable standbys to those under-the-radar upgrades you didn’t know you needed, our goal is to bring you the best of what’s out
What To Know Jeremy Irons appears as Abbé Faria in Episode 2 of PBS’s The Count of Monte Cristo, where his character forms a pivotal bond with Edmond Dantes (Sam Claflin). The episode closely follows the novel, depicting Edmond’s isolation, his mentorship under Abbé, and their 15 years in prison together. Jeremy Irons made his
Ryan Coogler accepts the Oscar® for Original Screenplay during the 98th Oscars® at the Dolby® Theatre at Ovation Hollywood on Sunday, March 15, 2026. Credit/Provider: Trae Patton / The Academy. Copyright: ©A.M.P.A.S. One of the most celebrated filmmakers of his generation, Ryan Coogler is now an Oscar winner! The writer, director and producer first gained
A seatback on an American Airlines Boeing 737. Leslie Josephs/CNBC American Airlines is “seriously considering” bringing back seat-back screens to its narrow-body planes and a decision could be made as early as next month, according to a person familiar with the matter. It would be part of a major revamp of American’s in-flight entertainment and
John Oliver kicked off Sunday’s Last Week Tonight by mocking President Trump for his justification of avoiding the use of the word “war” amid the United States’ military operation in Iran. “The Iran war entered its second month, though Trump tries not to use the word ‘war’ for reasons he probably shouldn’t be saying out
A man walks at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images Surging energy prices, rising import costs and mounting stagflation concerns are pushing markets to consider that the Federal Reserve’s next move could be a rate hike. Traders in the futures market pushed the probability of
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings
Chuquimamani-Condori debuted a slew of unreleased original music yesterday on Nashville public radio station WNXP, playing new edits of songs from Bob Seger, Jason Aldean, and a musician they called “probably my favorite artist of all time,” Vince Gill. The setlist also featured interpretations of songs by Andean folk artists including Picaflor de los Andes,
WASHINGTON — The rapid growth of commercial Earth observation satellites and artificial intelligence tools is giving defense and intelligence agencies access to a new kind of intelligence product: fused data from multiple sensors designed to deliver insights about what’s happening in the world. But turning that concept into something operational remains difficult. At the Satellite
Sir Anthony Leggett was a giant in the field of quantum physics University of Illinois Urbana-Champaign/L. Brian Stauffer In my first year of graduate school, I briefly shared an office with a quiet, older graduate student. When we finally managed some chit-chat, I learned that he was “working on theory of glasses with Tony.” Two
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