The U.S. economy experienced a notable growth of 3.4% in the third quarter of 2026, surpassing economists' estimates of 3.2%. This growth was largely fueled by robust consumer spending and investments in artificial intelligence (AI), despite the challenges posed by rising inflation and higher fuel prices linked to geopolitical tensions in the Middle East.
Consumer spending, which constitutes over two-thirds of the U.S. economy, increased...
President Donald Trump announced a significant oil agreement with Venezuela, which he touted as a major triumph for U.S. energy policy. Speaking at a rally in Corpus Christi, Texas, Trump highlighted an oil tanker off the coast carrying one million barrels of Venezuelan oil, asserting that the deal would provide billions of barrels to the United States without costing American taxpayers.
This agreement was achieved...
