Current price of oil as of May 1, 2026
At 8:45 a.m. Eastern Time on May 1, 2026, oil was priced at $116.10 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article).…
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The national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action,’ watchdog says
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table anxiety — and voters across the political spectrum are demanding…
Tim Cook reveals the advice he gave Apple’s next CEO: The most important decision he’ll make is ‘where he spends his time’
Apple’s incoming CEO introduced himself to Wall Street on Thursday, in a brief earnings-call debut in which John Ternus emphasized his commitment to continuity at the $4 trillion company. Ternus,…
Meta’s threat to quit New Mexico ‘is showing the world how little it cares about child safety,’ AG says
New Mexico Attorney General Raúl Torrez filed for injunctive relief against Meta today, seeking sweeping court-ordered changes to how the company operates its platforms for children. Meta responded by threatening…
China dominates the world’s lithium supply. The U.S. just found 328 years’ worth in its own backyard
Lithium is everywhere: It’s in the battery powering the device on which you’re reading this article. It powers electric vehicles (EVs). It’s in your headphones, your power tools, and your…
Global investors are shrugging off Iran worries and returning to markets in Asia, the ‘backbone of the whole AI value chain’
Asia’s stock markets have rebounded since the outbreak of the Iran war over two months ago, as the AI boom lifts the fortunes of manufacturing economies like China, South Korea,…
Thom Tillis: Free markets built American prosperity. Government intervention puts it at risk
In times of uncertainty, the pressure to “do something” is real. But too often, that instinct leads policymakers to turn to government intervention that risks undermining the very system that…
The Strait of Hormuz is a data problem, not just a military one
Since the first tanker pushed through it, the Strait of Hormuz has been treated as a static math problem. You tallied the hulls, weighed the warheads and assumed you knew…
The debt crisis Congress has been ignoring could cost the average U.S. household $18,000 a year, according to a Brookings analysis
An excellent new study from the non-partisan Brookings Institution provides an ultra-sobering view of the potential tax increase U.S. families face in taming the runaway debt and deficits crisis that’s…
Aerie built a $2 billion brand by rejecting Victoria’s Secret’s old playbook. Now it wants to win the AI backlash.
A few years into her time overseeing American Eagle’s Aerie division, Jennifer Foyle felt the loungewear and intimate apparel brand needed to stake a flag in the ground to stand…