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News & Articles By Sterling Ashworth
07/24/2026
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By Sterling Ashworth
U.S. Gasoline Prices Climb Back Above $4 Per Gallon Amid Middle East Conflict
The national average price for a gallon of regular gasoline in the United States climbed back above $4 on July 20, 2026, according to American Automobile Association data. The average stood at $4.0030, marking a return to a level that analysts describe as a politically sensitive threshold for American consumers. [6] The increase followed a […]
07/22/2026
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By Sterling Ashworth
Treasury Blocks Nearly $100 Million in Payments to Deceased Individuals After New Verification System
The U.S. Department of the Treasury (USDT) has blocked nearly $100 million in taxpayer funds from being paid to deceased individuals since implementing a government-wide payment verification system in March 2025, according to department officials. The USDT’s Bureau of the Fiscal Service identified more than 4,900 disbursements totaling approximately $99 million that were associated with […]
07/20/2026
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By Sterling Ashworth
CNBC Survey: Majority Pessimistic on Economy; Trump Approval Remains Low
A majority of registered voters are pessimistic about the economy, with the highest level of gloom seen since the end of 2023, according to the latest CNBC All-America Economic Survey released July 17. The survey of 1,000 registered voters nationwide, with a margin of error of plus or minus 3.1 percentage points, found that 61 […]
07/19/2026
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By Sterling Ashworth
China’s Oil Inventory Draw Reshapes Global Crude Market During Iran Conflict
China drew 41 million barrels from crude inventories in June, one of the largest monthly draws on record, according to the International Energy Agency. The draw allowed Chinese refiners to meet domestic demand from storage rather than increasing imports, easing pressure on global oil supplies during the conflict in Iran. The Middle East conflict has […]
07/18/2026
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By Sterling Ashworth
China’s Oil Imports Plunge 40% as Conflict Flares in Strait of Hormuz
China’s crude oil imports fell 41% in June to 29.27 million tonnes, the lowest monthly volume since October 2016, according to data released by Chinese customs on Tuesday. The world’s largest oil importer purchased an average of 11.6 million barrels per day last year, more than the combined imports of France, the United Kingdom and […]
07/18/2026
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By Sterling Ashworth
Gold Prices Decline as U.S.-Iran Tensions and Fed Rate Hike Expectations Weigh on Market
Gold prices fell sharply on June 24, 2026, as renewed hostilities between the United States and Iran combined with growing expectations of a Federal Reserve interest rate hike prompted investors to reassess macroeconomic risks, according to market reports. Spot gold dropped 3.4% to $3,978.67 an ounce, its first move below $4,000 since November 2025, as […]
07/15/2026
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By Sterling Ashworth
Wall Street Firms Draft Contingency Plans Amid Saudi-UAE Rift, Report Says
Major financial institutions on Wall Street are preparing contingency plans for potential market disruptions arising from the widening rift between Saudi Arabia and the United Arab Emirates, according to a report from Middle East Eye. The tensions, rooted in policy disagreements over oil production and regional influence, have raised concerns among investors about stability in […]
07/11/2026
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By Sterling Ashworth
Danish PM Says Greenland “Not for Sale” as Trump Revives Annexation Threat
Danish Prime Minister Mette Frederiksen reiterated that Greenland is not for sale after U.S. President Donald Trump renewed calls for American control over the autonomous Danish territory at the recently concluded North Atlantic Treaty Organization (NATO) summit in Turkey’s capital Ankara. Trump stated during a bilateral meeting with Turkish President Recep Tayyip Erdogan that Greenland […]
07/10/2026
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By Sterling Ashworth
China’s Gold Reserves Rise Most Since 2023 Amid Bullion Price Decline
The People’s Bank of China (PBOC) reported its largest monthly increase in gold reserves in more than two and a half years in June, even as bullion prices suffered their steepest monthly drop since October 2008, according to official data released Tuesday. China’s central bank maintained gold purchases for a 20th consecutive month, raising reserves […]
07/08/2026
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By Sterling Ashworth
Poll: Almost Half of Americans Struggle to Afford Food and Fuel
Nearly half of Americans reported difficulty affording everyday necessities such as groceries and gas, according to a new Harris Poll conducted for The Guardian. The survey found that 95% of respondents believe the U.S. is experiencing an affordability crisis. Separately, a Gallup poll released in April 2026 found that 55% of Americans believe their financial […]
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