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Oil hits $110 per barrel for first time since May

16 October 2026 at 21:48
An international oil benchmark hit $110 per barrel on Friday, as the industry faces persistent shocks from the U.S.-Iran and Russia-Ukraine wars. The price of Brent crude oil, the international standard, hit $110 during Friday trading. That marked the first time it has reached that high since May 20, less than three months after the…

Main Trump legal fund $1.9M in debt

16 October 2026 at 17:51
President Trump’s primary legal fund is more than $1.9 million in debt, according to its latest filing with the Federal Election Commission (FEC). Save America PAC, which Trump formed after he lost the 2020 presidential election, spent more than $5.4 million in the third quarter and had spent more than $14 million from the start…

Warsh offers no fresh signals on interest rates

16 October 2026 at 15:31
Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy.  “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh…

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