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Biden says Fed targeting inflation, China tariffs under review | Money

WASHINGTON, May 11 US President Joe Biden, under pressure to tame high inflation, told Americans yesterday that he understands their plight and that he and the US Federal Reserve are working to solve what he called his administration’s top domestic priority. “They’re frustrated,” Biden. ....

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U.S. strategic oil sale speeds fuel-price fix, but at what cost?

The decision to sell oil from the SPR marked a tradeoff: oil would be released to the market more quickly to lower prices, but it could take longer to replenish the stockpile to its current level, raising longer-term market risks. ....

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Biden says unprecedented use of oil stockpile will ease US fuel costs 'pain' | Money

WASHINGTON, April 1 ― President Joe Biden announced yesterday a record release from US strategic oil reserves to “ease the pain” of soaring domestic fuel prices, saying the “wartime” measure will defuse Russia's leverage as an energy power. Biden laid out the giant release ― a million. ....

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Biden says Putin may have put some advisors 'under house arrest' | World

WASHINGTON, April 1 US President Joe Biden said yesterday that Russian leader Vladimir Putin may have placed some of his advisors under “house arrest” after becoming “isolated” while trying to run the invasion of Ukraine. In his first public remarks on Western assessments about internal. ....

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