As consumers deal with skyrocketing prices for gasoline and other commodities, oil executives defended themselves in Congress from charges by lawmakers that they are gouging Americans, saying that they are boosting energy output and no single company sets the price of fuel. Members of the U.S. House of Representatives Energy and Commerce Subcommittee on Oversight and…

President Biden wrote a college recommendation letter for the son of a Chinese executive who did business with Hunter Biden, according to emails seen by Fox News. The emails indicate Jonathan Li, CEO of investment fund BHR, reached out to Hunter Biden and his business partners in 2017 for advice about his son’s college application process.…

On the same day former President Barack Obama made his first trip to the White House since leaving office, news came out that the Biden administration is planning to extend its student loan repayment moratorium until Aug. 31. The extension, first reported Tuesday by Bloomberg, has not been officially announced by the administration. Student loan…

Congress is looking into ways to help Americans deal with rising gas prices. As of Mar. 17, AAA pegged the average gallon of gas at $4.29. While oil prices have declined in recent days, gas prices have not, so the House has called on oil executives to testify as it looks into possible price gouging. Rep. Frank…

President Joe Biden has signed an executive order directing the Treasury Department to study the impact of cryptocurrency on financial stability and national security. The order also urges the Federal Reserve to explore whether the central bank should create its own digital currency. According to a White House fact sheet on the order, it outlines “the…

Meme-stock mania is making itself at home at Bed Bath & Beyond now that one of the movement’s leaders took a big stake in the company. After Chewy founder and GameStop chairman Ryan Cohen announced a 9.8% stake in the home goods retailer Sunday, shares soared 85% Monday morning before settling down to a 34%…

Russia’s state communications watchdog Roskomnadzor announced it has cut access to Facebook and Twitter. Roskomnadzor has previously accused Twitter of failing to delete content banned by Russian authorities. Friday’s move, executed in line with a decision by the Russian Prosecutor General’s office, is one of several moves made by Russia to limit the information Russians…

In a 6-3 ruling along ideological lines, the Supreme Court reinstated the death sentence for Boston Marathon bomber Dzhokhar Tsarnaev. Friday’s ruling came almost nine years after the bombing happened and reversed a 2020 appeals court ruling that threw out the death sentence. “On April 15, 2013, brothers Dzhokhar and Tamerlan Tsarnaev planted and detonated two…

Former President Donald Trump’s Truth Social app came out swinging. The social media answer to Trump’s own lifetime ban from Twitter, Truth Social surged to the No. 1 downloaded app on Apple’s App Store within about a day of launching. Investors in the blank-check company that plans to merge with Trump’s media company also saw…

The United Nations Environment Program (UNEP) published a new report Wednesday, predicting a significant increase in wildfires around the world throughout the rest of the century. According to a press release on the report, titled “Spreading like Wildfire: The Rising Threat of Extraordinary Landscape Fires,” the authors of the report expect “a global increase of extreme…