The Trump administration has approved expanded oil and gas drilling in Alaska’s Arctic National Wildlife Refuge (ANWR), opening 1.56 million acres of coastal plains and announcing a winter lease sale in the National Petroleum Reserve. The Interior Department also reissued permits for the controversial 211-mile Ambler Road Project, which would cut through Izembek National Wildlife Refuge, threatening migratory birds, wildlife, and Indigenous communities. Supporters, including … Continue reading White House approves increased oil and gas drilling in Alaska’s national wildlife refuge

The Consumer Price Index (CPI) rose 3% in September from a year earlier, slightly below economists’ forecast of 3.1%, as the impact of President Trump’s tariffs remained limited. The Labor Department released the data despite the government shutdown because it determines Social Security’s annual cost-of-living adjustment. Economists say tariffs continue to add modest upward pressure on prices, though inflation remains well below its 2022 peak … Continue reading CPI report shows inflation continued to climb in September

Gold rebounded Wednesday after a sharp two-day selloff, with futures rising 2.3% to $4,159.70 an ounce. The prior decline, including a 5.7% drop on Tuesday—the largest in over 12 years—was driven by profit-taking after a record-breaking rally. Despite the volatility, gold remains up nearly 60% in 2025, supported by central-bank buying, potential Fed rate cuts, and strong demand from foreign investors diversifying from dollars, Barron’s … Continue reading Gold Price Rebounds After Sharp Selloff

Amazon has introduced a new robotic system, Blue Jay, designed to perform multiple warehouse tasks simultaneously. The system uses robotic arms with suction cups on a conveyor-like track to pick, sort, and consolidate items in one streamlined process. Currently being tested in a South Carolina warehouse, Blue Jay can handle about 75% of stored items, aiming to improve efficiency and reduce physical strain on employees, … Continue reading Amazon introduces ‘Blue Jay’ warehouse robot that performs multiple tasks at once

The Trump administration is discussing taking equity stakes in quantum-computing firms, including IonQ, Rigetti, and D-Wave, in exchange for federal funding, according to the Wall Street Journal. Other companies, such as Quantum Computing Inc. and Atom Computing, are considering similar deals. Shares of the mentioned firms surged following the report, with gains ranging from 10% to 20%, CNBC has reported. The move reflects Washington’s broader … Continue reading Quantum stocks surge on report Trump eyeing stakes in the group like Intel

Sales of previously owned homes rose 1.5% in September to an annualized rate of 4.06 million units, marking the highest pace in seven months but slightly below forecasts. Compared with last year, sales were up 4.1%, with the South and Northeast seeing the strongest annual growth. Monthly gains were led by the West, while the Midwest experienced a slight decline, CNBC has reported. Falling mortgage … Continue reading Lower mortgage rates push home sales up in September