Oil prices swooned on Wednesday as economic uncertainty rippled through global markets, a reaction to President Trump’s tariffs on Canada, China and Mexico and a decision by members of the OPEC Plus oil cartel to begin increasing crude production in April. Since last year, OPEC Plus has signaled its intention to pump more oil, but … Read more
“A little disturbance” For months, the debate gripping board rooms, Wall Street and world capitals was whether to take President Trump at his word on tariffs. For a while, the markets rallied as if he were just bluffing. He wasn’t. In an address before Congress last night, Trump said that tariffs would protect American jobs … Read more
Comments from a member of President Trump’s cabinet over the weekend have renewed concerns that the new administration could seek to interfere with federal statistics — especially if they start to show that the economy is slipping into a recession. In an interview on Fox News on Sunday, Howard Lutnick, the commerce secretary, suggested that … Read more
Can you feel it? A warmth to the air, brighter days, and smiles on people’s faces. Spring is almost upon us: toes that haven’t seen the light of day for months need a polish, seeds need to be sown, and there’s an urge to spring clean (windows look particularly filthy when sunlight pours through them). … Read more
Comments from a member of President Trump’s cabinet over the weekend have renewed concerns that the new administration could seek to interfere with federal statistics — especially if they start to show that the economy is slipping into a recession. In an interview on Fox News on Sunday, Howard Lutnick, the commerce secretary, suggested that … Read more
“It’s a movement, not a moment.” That’s the mantra from Sam “Coach” Balto, a former school teacher from Portland, Oregon who quit his day job to stoke a revolution called the “bike bus” – groups of kids and families cycling to school together. How did one person in a mid-sized American city turn a weekly … Read more
This weekend in Melbourne, expect to see hundreds of cyclists with a striking difference. Instead of the usual Lycra-clad peloton, these riders will be getting their kit off in a day of nude protest to draw attention to rider safety and visibility, diversity of body image and a celebration of low-carbon transport. Dearne Weaver, a … Read more
Alex Heatzig, 27, bicycle: ‘My morning rides are therapeutic’ I cycle 53 miles to work, usually once or twice a week, and then take the bus home. It takes me about three hours. I live in San Francisco and work for a tech company in South Bay. I cycle with a group; we live in … Read more
The increasing popularity of cycling among the ‘aristocracy’ is remarkable. Among recent recruits may be mentioned Lord Zetland, Lady Havelock Allan, Sir Joseph Pease, the Earl of Camperdown, the Duke of Westminster, and two of the daughters of the late Earl of Iddesleigh. Heretofore the only objection urged against the pastime has been its vulgarity. … Read more
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April. Opening the taps in countries such as Saudi Arabia and Russia, which have voluntarily throttled supply to prop up prices, increases the risk that … Read more