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OPEC+ agreed to extend existing oil production cuts of more than 3 million barrels per day through the end of 2025, as well as ongoing cuts of over 2 million barrels per day through September 2024. The cuts could raise global oil prices by prolonging supply restrictions at a time when demand concerns remain. Higher prices could negatively impact the US economy ahead of the 2024 elections. The Biden administration may be concerned about a potential spike in energy costs impacting voters. It has taken some actions to increase fuel supply and tamp down prices.

OPEC+ Extends Oil Production Cuts, Raising Concerns of Higher Global Prices. Here's Why That Could Spell Bad News for the Biden’s Re-election Chances

⏲ 0:38 👁 14.3M

CNBC Television

Housing prices regulating should bring inflation closer to Fed's target: Wharton's Jeremy Siegel

⏲ 5 minutes 22 seconds 👁 11.7K

Rappler

Inflation steady at 6.7% in October 2018

⏲ 26 seconds 👁 140

Here's how much the price of some of Burger King's most popular items have gone up since 2019.

How much have Burger King prices gone up since 2019?

⏲ 0:48 👁 8.4M

Wealthion

The Future of Inflation

⏲ 46 seconds 👁 677

The Washington Examiner

Inflation held steady at 2.7% in April in Fed’s preferred gauge #shorts

⏲ 56 seconds 👁 19

Paramount leadership outlined plans at its annual shareholder meeting if a potential sale of the company does not occur. The Office of the CEO, comprised of three executives, proposed $500 million in cost cuts, divesting non-core assets, and lowering debt. Paramount has agreed to terms for a merger with Skydance Media and investment firms, pending approval from controlling shareholder Shari Redstone. The presented plan focuses on growing content and franchises while cutting spending and lowering Paramount's junk credit rating debt level.

Paramount Outlines Contingency Plan at Shareholder Meeting Amidst Uncertain Sale Prospects

⏲ 0:36 👁 24.1M

Jacky Kuk

US Fed holds interest rate steady again, mistake or right move? #inflation #interestratehike

⏲ 49 seconds 👁 254

CNBC Television

Inflation outlook mostly steady but jumps for rent, NY Fed survey shows

⏲ 2 minutes 3 seconds 👁 4.1K

Following Rubio’s Coastal Grill announcing the abrupt closure of 48 restaurants in California citing rising business costs, billionaire entrepreneur Mark Cuban has come forward to defend the recent increase in minimum wage.

Mark Cuban Takes a Stand on Minimum Wage Increase Following Rubio's Restaurant Closures: 'The Last Thing I Want Is Your Tax Dollars…'

⏲ 1:4 👁 20.2M

New York Times Podcasts

The Economic Theory That Explains Why Americans Are So Mad

⏲ 1 hour 31 minutes 43 seconds 👁 11K

Kalkine Media

Canada’s inflation rate holds steady

⏲ 2 minutes 7 seconds 👁 7

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