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Trump admin strikes deal to scrap Biden wind projects for oil push

FIRST ON FOX: The Trump Department of the Interior secured a landmark agreement with energy giant TotalEnergies to redirect nearly $1 billion away from “unreliable” and “ideological” wind farm projects approved under the Biden administration and instead invest in U.S. oil and natural gas as part of the president’s “energy…

Near term capped, medium term constructive – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong report that Gold has come under pressure as rising global yields, higher real rates and renewed inflation concerns reduce expectations for near-term Fed cuts. ETF outflows and stress-driven liquidation are adding to downside. Nonetheless, Their forecasts and commentary maintain a constructive medium-term outlook, with Gold expected to resume its uptrend despite choppy trading.Yields weigh but structure still supportive”Gold prices fell sharply as rising global yields and renewed…

Business

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TSA lines surge at airports as government shutdown leaves officers unpaid

Airport security delays amid the partial government shutdown have created weekend travel nightmares, with massive TSA lines choking terminals across the country, unpaid officers calling out in growing numbers, and President Donald Trump vowing to send U.S. Immigration and Customs Enforcement (ICE) agents to airports to try to stem the…

Markets

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Investing

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