The OPEC logo on the building of the Organization of the Petroleum Exporting Countries.Thomas Coex | Afp | Getty ImagesOPEC+ is set to agree on Sunday on another modest increase in oil output targets, three sources familiar with the talks said, as the producers’ group moderates plans to regain market share due to rising supply glut fears.OPEC+ has raised output targets by more than 2.7 million barrels per day — about 2.5% of global supply — since April but slowed the pace in October and November from larger increases amid predictions of a looming oversupply.New Western sanctions on OPEC+ member…
Author: usaeverydaylife
Millions of Americans are living in fear that they will go hungry due to potential delays in SNAP food assistance benefit payments, even after a federal judge ordered the Trump administration to make payments in November. That’s in a nation where close to $400 billion in food is estimated to be at risk of going to waste every year.ReFED, a U.S.-based nonprofit that focuses on food waste, recently released its 2025 report showing that $382 billion in surplus food was produced in 2023, the most recent year statistics were available.”Forty percent of all food is headed for the bin globally,”…
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | ReutersSNAP food benefits could restart as early as Wednesday, Treasury Secretary Scott Bessent said on Sunday morning.Two federal judges in Massachusetts and Rhode Island ruled on Friday that the Trump administration must use emergency funds to pay SNAP benefits, which help feed 42 million Americans, during the government shutdown. Judge Jack McConnell of Rhode Island also directed that these be paid out of…
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025.David Ryder | Bloomberg | Getty ImagesMicrosoft AI chief Mustafa Suleyman says only biological beings are capable of consciousness, and that developers and researchers should stop pursuing projects that suggest otherwise.”I don’t think that is work that people should be doing,” Suleyman told CNBC in an interview this week at the AfroTech Conference in Houston, where he was among the keynote speakers. “If you ask the wrong question, you end up with the wrong…
When your kid is in the middle of a tantrum, logic and lectures don’t work.I’ve studied over 200 kids and worked with hundreds of families, and one thing is clear: Tantrums aren’t about defiance. Research shows that during emotional overwhelm, a child’s prefrontal cortex (the part of the brain responsible for reasoning and language) essentially goes offline. It’s why “use your words” falls flat when they’re screaming.What they need in that moment is connection. These seven magic phrases work with your child’s nervous system by calming the storm, restoring safety, and teaching emotional regulation — the real skill behind resilience.1. Say nothingWhen…
With politics among the biggest stressors for Americans, and the political gender gap growing among young people, it can be hard to stay motivated when divisions feel more contentious than ever.Few people understand that like Ella Emhoff, the daughter of former U.S. Second Gentleman Doug Emhoff and stepdaughter of former Vice President Kamala Harris.Getting offline is a good first step.”I think what has kept me the most invigorated around politics and just social change is seeing everyone else empowered by it, coming to things like ZCON and being able to talk about it,” Emhoff recently told CNBC Make It at the…
A person walks down a street with shopping bags in New York City on Nov. 29, 2024.David Dee Delgado | Getty ImagesAmerican consumer wallets will be billions of dollars lighter this holiday season because of President Donald Trump’s tariffs, according to LendingTree.Sunday marked six months since Trump announced his broad “liberation day” tariffs.Prices for select food and consumer goods rose in the wake of that announcement.And consumers are set to see more of the impact from those tariffs as holiday items that have been stored in warehouses for months are finally hitting store shelves.LendingTree, which operates on an online lending…
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | ReutersThe appetite for blockbuster weight loss and diabetes drugs is far from satisfied. From fresh competition to new uses, the market is quickly vaulting into a new stage of growth. But factors including insurance coverage, pricing, copycat drugs and the development of new pills will ultimately determine how far the treatments will reach.Eli Lilly and Novo Nordisk are still the dominant players, as demand for their weekly injections shows few signs of slowing. Eli Lilly has…
Another busy week of earnings lies ahead. About 130 S & P 500 companies are set to report this week, including Palantir Technologies , AMD and fast food giant McDonald’s . Those results come after the busiest week of the season, in which more than 150 names just posted quarterly figures. So far, profits have been strong. More than 82% of the S & P 500 companies that have reported have exceeded earnings expectations, according to FactSet. But reactions haven’t been uniformly positive. Meta Platforms plunged last week after unveiling third-quarter earnings, which included guidance for even more capital spending…
Warren Buffett is keeping his wallet closed. Berkshire Hathaway didn’t repurchase any of its shares in the first nine months of 2025, even as the conglomerate’s cash pile swelled to a record $382 billion . The restraint underscores Buffett’s long-standing discipline: he buys back Berkshire stock only when he deems it undervalued. Buffett laid out that buyback philosophy in his 2018 annual letter to shareholders, saying he would repurchase Berkshire shares only when they trade below his estimate of their intrinsic value and when the company retains a comfortable cash cushion afterward. The Oracle of Omaha once stressed that Berkshire…
