Oil prices rose for the fourth straight day on Monday to hit levels not seen since late 2014, boosted by the latest trouble for Venezuelan oil company PDVSA and the possibility that the United States could re-impose sanctions on Iran.
Most Facebook users in the US remain loyal, despite the recent data sharing scandal involving a political consultancy firm, a poll suggests. Facebook admitted last month that the data of 87 million users had been improperly shared with the UK-based firm, Cambridge Analytica.
The United States Federal Reserve Board announced that it has fined The Goldman Sachs Group, Inc., US$ 54.75 million for the firm's unsafe and unsound practices in its foreign exchange (FX) trading business.
Britain's data privacy watchdog has ordered Cambridge Analytica to hand over all the personal information it holds on a U.S. academic, confirming the right of people abroad to seek data held by a UK firm. Data privacy activists say that it sets a precedent that would enable millions of other U.S. voters to request information that the company had collected on them.
With tensions between NATO and Russia rising, the U.S. military is resurrecting a fleet to patrol the Atlantic Ocean and help respond to global contingencies. The U.S. Second Fleet will provide forces along the U.S. coast and in the northern Atlantic Ocean, according to Chief of Naval Operations, Adm. John Richardson, who made the announcement Friday during a change of command ceremony in Norfolk, Virginia.
President Donald Trump on Friday said the date and location have been set for a meeting with North Korean leader Kim Jong Un, building suspense for the unprecedented talks, as South Korea said it would oppose a withdrawal of U.S. troops from the area.
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, confirmed that inflation is near its 2% target, and strangely enough did not mention a word about the looming international trade confrontation. The central bank after a two-day meeting said inflation over the next 12 months should “run near” the 2% target, updating its language from March that indicated inflation would “move up” towards that level.
Donald Trump's former doctor has said he did not write a 2015 letter declaring the then-Republican presidential candidate's astonishingly excellent health, US media report. [Trump] dictated that whole letter, Harold Bornstein told CNN on Tuesday.
A new UK-U.S. Antarctic research program to improve the prediction of future sea-level rise was launched on Monday at British Antarctic Survey (BAS), Cambridge. The £20 million 5-year research collaboration, funded jointly by the UK Natural Environment Research Council (NERC) and the U.S. National Science Foundation (NSF), brings together over 100 polar scientists from leading UK and U.S. research organizations.
President Donald Trump will delay imposing steel and aluminum tariffs on the European Union, Mexico and Canada until June 1 as he finalizes deals with them, the White House said in a statement. The administration has reached agreements-in-principle with Argentina, Australia and Brazil, according to the statement, which the White House released late Monday night.