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Russia plans to cut oil output by 500,000 barrels a day in March, testing the stability of the country's oil production.

In December of last year, the G7 economies – backed by the EU and Australia – imposed price caps on what they’ll pay for Russian crude oil. Now Russia is following up on its threat to retaliate by cutting its oil output by about 5% in March, sending energy prices higher. An EU spokesperson has said…

Illegal immigration dropped 42% in January compared to December. According to new numbers from CBP, Border Patrol agents encountered 128,410 migrants in between official ports of entry compared to 221,675 the month before. Breaking it down by demographic, 108,573 were single adults, 38,087 were family units, and 9,393 were unaccompanied children. As per deportation proceedings, 64,499…

Pew Research asked Americans about their priorities. According to the report, Americans said the economy is at the top of the list.

Pew Research polled Americans about their priorities, and according to the report, Americans have kept the economy top of mind just as they did in last year’s survey. Americans want to strengthen the economy. 75% of those polled said it should be the No. 1 priority of the Biden administration. Coming in second place was…

Russia will be cutting its oil production by 500,000 barrels. It is retaliation against countries backing Ukraine in the war.

Russia will voluntarily be cutting its oil production next month by as much as 500,000 barrels. It’s a direct response to the Western alliance backing Ukraine in the war. After Russia waged war in Ukraine, the U.S. and other countries imposed sanctions on Russian oil. Now, Russia is retaliating.  With Russia slashing its oil supply,…

The head of the UN warned the war in Ukraine could spill over into other countries. Poland spent months preparing for that possibility.

This week the head of the United Nations warned the war in Ukraine has a good chance of spilling over into other countries. Poland has been preparing for that possibility for months. Poland sits to the west of Ukraine and is one of its staunchest supporters. The Polish government led the charge to give Ukraine main…

New data shows home prices went up in 90% of metro markets across the U.S. the last quarter of 2022, despite weakening demand.

Home prices went up in 90% of metro markets across the U.S. in the last quarter of 2022 despite weakening demand, new data from the National Association of Realtors (NAR) shows. Compared to a year ago, the national median price of a single family home rose 4% to $378,700. The price increase is happening in…

Politicians regularly beat the market, making lucrative and sometimes strangely-timed stock trades. Two new ETFs mimic the moves of both parties.

It’s fairly well known that politicians regularly beat the market, making lucrative and sometimes strangely-timed stock trades that put a lot more in their pockets than their sub-$200,000 salaries. Now, anyone can trade like a member of Congress. Enter NANC and KRUZ, the tickers behind two exchange-traded funds that mimic moves made by Democrats and…

January's jobs report "defied all the expectations of a potential recession," ZipRecruiter lead economist Sinem Buber said.

The January jobs report stunned Friday morning, showing the U.S. economy adding more than half a million jobs when economists expected fewer than 200,000. It was the strongest monthly job growth since July and snapped a 5-month slowdown. Meanwhile, the unemployment rate dropped to 3.4%, its lowest rate since May 1969 and down from December’s…

The unemployment rate in January just dropped to its lowest level since 1969. Meanwhile, U.S. job growth more than doubled expectations.

The unemployment rate in January just dropped to its lowest level since 1969. Meanwhile, U.S. job growth for the first month of the year surged, more than doubling expectations. The latest numbers from the Bureau of Labor Statistics (BLS) stunned economists who expected to see a continued slowdown in growth. But the economy bucked that…

More than 40 million people are under winter weather alerts as an ice storm pounds the midwest for the next 48 hours.

40 million people are under winter weather alerts; Congressman George Santos steps down from his committees; and the people have spoke, the government is this country’s No. 1 problem. This is Straight Arrow News. Unbiased. Straight Facts. Winter weather grounds planes, kills one More than 40 million people are under winter weather alerts as an ice…