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Road trips, in particular, are expected to set a record, which could send gas prices higher. But, just as a US president cannot solely take the blame for surging oil prices, nor can he or she, in most cases, be entirely credited for steadying prices. “This is a non-starter and won’t do much to lower gas prices,” GasBuddy’s Patrick DeHaan said. In the wake of Russia’s invasion of Ukraine in 2022, Biden attempted to stem rising oil prices by authorizing the release of 180 million barrels of oil in coordination with US allies overseas. Gas prices have remained steady in recent weeks after rising sharply at the end of winter.
Persons: Biden, Jennifer Granholm, , ” GasBuddy’s Patrick DeHaan, Obama’s, Sandy, Tom Kloza, , Kloza, Matt Egan Organizations: CNN, AAA, Federal Aviation Administration, Gasoline Supply, , Congress, US Energy Information Administration, US Department of Energy, Oil Price Information Service Locations: New York, Maine, Ukraine
AFP Contributor | AFP | Getty ImagesA perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Xeneta ocean freight rates show the rallying spot market and the widening spread between spot and long-term rates. An increase in ocean freight rejections shows the imbalance. Logistics price increases are ultimately passed onto the consumer and the dizzying freight rates during the pandemic were among factors cited by the Federal Reserve as a cause of inflation. The International Chamber of Shipping, which represents major ocean carriers, did not immediately respond to a request for comment.
Persons: Emily Stausbøll, Stausbøll, Goetz Alebrand, Alebrand, Judah Levine, Freightos, Levine, Wan Hai, HLS, Drewry, Jonathan Gold Organizations: AFP, Getty, U.S ., Xeneta, DHL, Shipping, Americas, DHL Global, CNBC, Federal Reserve, Orient Star Group, MSC, Chamber of Shipping, Honour, Carriers, Maritime Locations: Qingdao, Shandong province, AFP, Asia, U.S . West Coast, U.S, China, Malaysia, Singapore, Panama, Latin America, Europe, Chongqing, East Asia, South America, Africa, U.S . East Coast
Nigel Farage, the broadcaster and populist politician who championed Brexit, said on Thursday that he would not run for a seat in the British Parliament in a general election on July 4, preferring to focus on helping former President Donald J. Trump recapture the White House in November. Mr. Farage’s announcement is likely to be a modest relief for Prime Minister Rishi Sunak and his Conservative Party, since Mr. Farage’s current party, Reform UK, is viewed as a significant threat to the Conservatives from the right. But Mr. Farage said he would “do my bit” to help Reform, which plans to field a slate of candidates in the election, running on an anti-immigration message. “Important though the general election is,” Mr. Farage posted on social media, “the contest in the United States of America on Nov. 5 has huge global significance. Mr. Trump once suggested that the British government appoint Mr. Farage as ambassador to Washington.
Persons: Nigel Farage, Brexit, Donald J, Trump, Rishi Sunak, Farage, ” Mr, Mr Organizations: House, Mr, Conservative Party, Reform, Conservatives Locations: United States, America, U.S.A, British, Palm Beach, Mar, Washington
Young men without college degrees have been dropping out of the workforce for decades. On Thursday, the Pew Research Center released a report delving into whether a college degree is worth it. The report compares economic outcomes for young adults who've completed a college degree with those who have not. "Accompanying that wages were also bid up for non-college educated young men at that time." Fry added, "the rising rates of young men with criminal records" could be a reason given they could have a hard time finding work.
Persons: who've, it's, , Richard Fry, Fry, Pew, Gen, millennials Organizations: Service, Pew Research Center, Business, Labor, Bureau of Labor Statistics, Pew, Deloitte
US District Judge Aileen Cannon will hear arguments from defense attorneys on two separate bids to throw out charges in the case. Trump is accused by special counsel Jack Smith of taking classified national defense documents from the White House after he left office and of resisting the government’s attempts to retrieve the materials. Trump has obtained permission from the judge to skip Wednesday’s proceedings, which will start at 10 a.m. On Tuesday, hundreds of pages of previously sealed court filings were posted publicly as part of efforts by the former president to have the charges against him thrown out. She expressed “concern” the special counsel’s office had sought redactions of information in the newly unsealed filings after previously giving its OK for that information to be published in full in earlier court filings.
Persons: Donald Trump, Aileen Cannon, Walt Nauta, vindictively, Trump, Jack Smith, Carlos De Oliveira, Cannon, White, Donald Trump’s Mar, , she’s, ” Cannon, , Organizations: CNN, White, Nauta, Trump, US Department of Justice Locations: Florida, Lago, Fort Pierce , Florida, Palm Beach , Florida, Washington ,
In popular imagination, France’s Fontainebleau is inextricably linked to its grand Château. But when I visit, I typically skip it entirely. Yes, the 1,500-room Château de Fontainebleau that was inhabited by French kings and emperors for eight centuries may seem the most arresting attraction in this region 37 miles south of Paris. Instead, it’s the surrounding forest that entices me to return again and again. The 50,000-acre Forest of Fontainebleau was once prized by the royals for its exceptional hunting grounds.
Persons: Les Trois Organizations: Gâtinais UNESCO Biosphere Reserve Locations: Fontainebleau, Paris, Les
"The best anti-aging routine can be as simple as just a few steps," especially in the morning, Lindsey Zubritsky, a board-certified dermatologist, told Business Insider. Always cleanse your face — unless you have sensitive skin"I recommend starting out with a gentle cleanser if you have oily or acne-prone skin," Zubritsky said. AdvertisementZubtritsky recommended Cetaphil Gentle Cleanser, a creamier formula for dry or sensitive skin. For oilier skin, she suggested La Roche Posay Toleriane Foaming Cleanser, which can also be used for sensitive skin. AdvertisementIf you have sensitive skin, you'll want to start with retinol, Zubritsky said, as it's gentler.
Persons: , Lindsey Zubritsky, Carolyn Stull, Sergey Mironov, Zubritsky, that's, Stull, Cetaphil, La Roche, ISDIN Eryfotona, Skinbetter, Blair Murphy, Rose, Olay, you've Organizations: Service, Business, Neutrogena Hydro, L'Oreal, Cream
“You just feel terrible,” said Vanessa Hlavacka, a counselor for multilingual students at La Follette High School. High school ramps up supportOnce the issues with this year’s FAFSA became apparent, La Follette High School ramped up support services for families of college-bound seniors. Some La Follette students from mixed-status families have had success since then submitting the FAFSA, but others are still having problems. Students at La Follette are behind the national trend, but they have had more success filing the FAFSA in recent weeks. It’s a glitch that several other La Follette students have experienced.
Persons: Robert M, , , Vanessa Hlavacka, Annie Hank Braga, La, Hank Braga, FAFSA, ” Hank Braga, it’s, Biden, ” Hlavacka Organizations: Washington CNN, La Follette High School, Federal Student Aid, , Follette, Racing, La Follette, Opportunity, Department of Education, of Education, Republican, Democratic, National College Locations: Madison , Wisconsin, La,
Read previewFord is asking its suppliers to help them cut electric vehicle manufacturing costs, soliciting money-saving ideas in a new memo sent to suppliers this week. "We have all invested heavily in the success of the EV business, and we will all win or lose together." These shoppers are more practical, frugal, and more likely to be considering electric, hybrid, and gas-powered options at the same time. In these matchups, hybrids have been winning as of late, a phenomenon that Musk has said is detrimental to the electric vehicle market. Industry experts, however, say hybrids are a good bridge technology for future EV adopters.
Persons: , Ford, Elon, Liz Door, Tesla Organizations: Service, Detroit Business, Business, Ford, Industry, Crosstown, GM Locations: Detroit, North America
“Maycember” is a term that online content creators the Holderness family coined to describe the sheer chaos of the month of May, much like the month of December. Exhausted teenagers are running on empty as the school year comes to an end, while expectations of parental involvement remain high. I’m always grateful for the people who volunteer their time to head up committees on the PTA or parent board. Prioritize mental healthNo good comes from a family running around from event to event without a moment even to enjoy the ones they attend. In a few short weeks, Maycember will be behind us for another year, and we’ll all breathe a sigh of relief.
Persons: , Holderness, it’s, I’ve, there’s, I’m, you’ll, It’s, Maycember, You’ll, Katie Hurley, Strong, Fiona McPhee Organizations: CNN
His reply was surprising, if not simple: Think of the things you will do that will make you fail and just avoid doing them. Thinking back to Charlie's advice, I came up with five things you should avoid doing in order to have a successful and meaningful career. Avoid pushing for a promotion when you're not ready yetGetting a promotion when you're not quite ready may negatively impact yourself and your career trajectory. A good way to see if you're ready is to think about how you would feel if you were promoted tomorrow. AdvertisementThe main problem is that most of us avoid doing those 20 hours for years, pushing the things we want in life even further away.
Persons: , Charlie Munger, Warren Buffett's, we've, Josh Kaufman, I've, they've, you'll, Daniel Rizea Organizations: Service, Business, Google
Business Insider asked bartenders about which drinks are in and out for this summer. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementInflation has made alcohol increasingly more expensive — whether you're out at a bar or mixing cocktails at home. To avoid wasting money on a bad drink trend, Business Insider spoke with bartenders and mixologists to find out what's in and out for the summer.
Persons: , bartenders, mixologists Organizations: Service
I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.
Persons: , Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi
Jasper White, a chef who put New England’s traditional foods on the fine-dining map in the 1980s and mentored a generation of Boston-area chefs, died on Saturday in Boston. His death, at a hospital, was caused by a brain aneurysm, his wife, Kathleen White, said. At Restaurant Jasper in the North End of Boston, which was open from 1983 to 1995, and later at Jasper White’s Summer Shack, in three locations, Mr. White’s cooking was relentlessly focused on New England ingredients. “As a chef and as an advocate, he was more responsible than anyone for the revival of oysters and oyster bars in New England,” said Skip Bennett, the founder of Island Creek Oysters, an oyster farm and distributor in Duxbury, Mass. At a time when Boston’s destination-worthy dishes still included cornmeal pudding at the venerable Durgin-Park restaurant and fish chowder at the upmarket chain Legal Sea Foods, Mr. White developed an elegant but accessible style, based on local and seasonal ingredients like oysters, corn, maple and blueberries.
Persons: Jasper White, Kathleen White, , Skip Bennett, White Organizations: Jasper, Foods Locations: Boston, Jasper, England, New England, Duxbury , Mass
CNN and ABC Snag the TV Coups of the Year
  + stars: | 2024-05-15 | by ( Michael M. Grynbaum | ) www.nytimes.com   time to read: +1 min
All of a sudden on Wednesday morning, the TV booking of the year was up for grabs. But President Biden’s shock announcement that he would skip this fall’s preplanned matchups in favor of debates sponsored by individual news outlets sent network executives into a scramble. He began rewriting his remarks after aides confirmed over the phone that both candidates had agreed to a CNN debate on June 27. Mr. Thompson took out his reading glasses to deliver the announcement onstage, reading from a script scrawled across a creased notecard. Debra OConnell, the head of ABC News, was deep into an annual meeting with regional affiliates when word came in.
Persons: Biden’s, Biden, Donald J, Trump, Mark Thompson, Thompson, Debra OConnell Organizations: CNN, ABC News, Garden, Disney, ABC
First off, driving instead of flying saved us a lot of moneyMy family added a road-trip component to our trip. Daryl AustinWe saved money by driving to Disney instead of flying. AdvertisementLastly, we saved money by cutting back on character-dining experiences and sharing most of our mealsOur family split meals at Disneyland when we could. In hindsight, this means we could've saved some serious money on tickets and food costs by cutting out our last two days at Disney. Otherwise, my wife and I will be dreading the next Disney vacation nearly as much as our kids will be eagerly anticipating it.
Persons: , Daryl Austin, That's, we'd, we've, Dole, would've, could've, Daryl Austin Disney Organizations: Service, Universal Studios, Business, Marriott, Gas, Disney, we've, Disneyland, Minnie Locations: Utah, Southern California, California, Salt Lake City, Los Angeles, Las Vegas, Marriott Anaheim, Disneyland
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. AdvertisementLinda, a phone sex operator, told Business Insider that artificial intelligence is being adopted by some in the sex work community, and she now regularly sees AI-generated images on profiles of fellow phone sex workers. "It's not for everyone, but, honestly, I think it's great — like you want a sex robot, guys — here ya go! " Representatives for OpenAI did not immediately respond to a request for comment from Business Insider.
Persons: , Scarlett Johannson, Joaquin Pheonix —, OpenAI, Scott Woods, Sam Altman, Linda, Kaitlyn, Amouranth, Siragusa Organizations: Service, Business, Mars, BI, Polygon, The New York Post Locations: Berlin
Mother's Day has always made me uncomfortable. But on Mother's Day especially, I wonder, what exactly is the point of all this sentimental excess, and just what are we meant to be celebrating? The day seems to perpetuate bad things about being a motherTo me, Mother's Day perpetuates some of our culture's worst ideas about mothers and women. Mother's Day cards worship benevolent mother figures who "do it all" dutifully, gracefully, and always with a smile. I also wonder why my kids should thank me on Mother's DayWhat is it our kids are thanking us for on Mother's Day?
Persons: I'm, I've, we're, you've, It's, there's Organizations: Mother's Locations: United States
CNN —Many people love their ultraprocessed foods. More than 70% of the US food supply is made of ultraprocessed food. But a diet heavy in ultraprocessed food isn’t good for us, science has shown. Eating ultraprocessed foods raises the risk of developing or dying from dozens of health conditions, according to a February review covering nearly 10 million people. The no-fly list of ultraprocessed food is loaded with store-bought chips, sugar-packed yogurts and candy-filled trail mix.
Persons: Skip, Al Bochi, Casey Barber’s, Suzy, Karadsheh, Bochi’s, Parfaits, CNN’s Sandee LaMotte, Madeline Holcombe Organizations: CNN, Food and Agriculture Organization, United Nations, Olive, Olive Tree Nutrition Locations: Olive Tree
Learn moreWhether you have yet to buy a Mother's Day gift or just want to shop this weekend, Best Buy has you covered. The retailer is holding another three-day event, so we've gathered the best Best Buy deals the store has to offer this week. Apple is also a prevalent player in this week's Best Buy deals, with the 2nd Gen AirPods down to only $80 and the 2nd Gen Apple Pencil down to $79. Best Buy sale quicklinks Appliances : Get up to 30% off major appliances. Shop at Best BuyThis is just a small taste of this weekend's top Best Buy sale picks.
Persons: we've, AirPods, It's, Dyson, JBL, It’s, Mason Organizations: Business, JBL, 2nd, Apple, Canon, Sony, Fujifilm, iPad, Apple Watch
After visiting 20 islands in the Caribbean, I have lots of favorites and a few I wouldn't return to. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThere's a misconception that all Caribbean islands are the same. After visiting 20 Caribbean islands, I can see why the area is such a hot spot for tourism. This story is available exclusively to Business Insider subscribers.
Persons: , who's, I've Organizations: Service, Business Locations: Caribbean, St
New York CNN —The good news is your child got into college and is preparing to enroll this fall. The bad news is that you’ve just learned the aid package your child’s school is offering is much smaller than you’d hoped. Over four years of college, students can take out a total of up to $27,000. “That’s cash-flow friendly while your child is in college,” Walker said. Also, Bogardus suggests checking to see if your state offers a tuition aid plan or subsidized loan rates for educational expenses.
Persons: you’ve, sobering, , Beth Walker, , ” Walker, they’ve, Joseph Bogardus, it’s, Bogardus, Skip, Walker, you’ll Organizations: New, New York CNN, College Board, Center for College Planning Solutions, College, , Stafford, PLUS Locations: New York, New England, Stafford
Benjamin Netanyahu, Israel’s prime minister, is known as a man who likes to play for time and postpone big decisions. But he may not be able to do that much longer. Domestically, his coalition partners on the far right threaten to break up the government if he agrees to a cease-fire and does not try to clear Hamas out of Rafah, in southern Gaza. Militarily, the strategic logic is to complete the dismantling of Hamas by taking Rafah and controlling the border with Egypt. But diplomatically, his allies, especially the United States, are pushing him to agree on a cease-fire, and skip Rafah and the potential civilian casualties a large-scale operation would cause.
Persons: Benjamin Netanyahu, Israel’s Locations: Rafah, Gaza, Egypt, United States
The US economy may already be mired in recession, Danielle DiMartino Booth told Bloomberg TV. Downside labor revisions and rising job losses indicate a downturn has hit, the QI Research CEO said. AdvertisementThe US is already mired in recessionary downturn, and rising job losses prove it, veteran forecaster Danielle DiMartino Booth told Bloomberg TV. AdvertisementBy that standard, the rule was triggered in October of last year, according to recently published labor revisions through the third quarter of 2023, indicating job losses of 192,000. Other analysts have also projected rising recession risk, hand-in-hand with a labor market fallout.
Persons: Danielle DiMartino Booth, , there's, it's, Booth, Goldman Sachs, payrolls, David Rosenberg Organizations: Bloomberg TV, Downside, QI, Service, Bloomberg, Fox Business
Dua Lipa released her third studio album, "Radical Optimism," on Friday. With its Euro-pop vibe, 11-track structure, and dance-forward conceit, "Radical Optimism" does recall its predecessor, but that's hardly a bad thing. Compare that to the trio of "Radical Optimism" singles: "Houdini," "Training Season," and "Illusion," all of which have the makings of a smash. "Radical Optimism" is primed for the same kind of slow-burn success, especially given its familiar shimmer of pop genius. Final Grade: 8.6/10Dua Lipa's "Radical Optimism" was released on May 3, 2024.
Persons: Lipa, Maria, , who's bristled, who'd, I've, I'd, Kevin Parker, Danny L Harle, Caroline Polachek's, Parker, Houdini, they've Organizations: Service, Lipa, Warner Records, Press Locations: Lipa, singledom, untethered
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