• 03/03/2025

Oil Falls; Demand Outlook Remains in Focus

Wall Street Journal Oil was lower in early Asian trade, extending overnight declines amid lingering concerns on the outlook for energy demand. https://www.wsj.com/articles/oil-falls-demand-outlook-remains-in-focus-b0331c5a

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Gold Flat in Morning Trade

Wall Street Journal Gold was little changed in early Asian trade, after declining overnight on a stronger U.S. dollar amid calls from some Fed officials for further interest-rate increases. https://www.wsj.com/articles/gold-flat-in-morning-trade-ba43d889

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Australian Treasurer Announces Biggest Reforms to RBA Since the 1990s

Wall Street Journal Australian Treasurer Jim Chalmers announced the biggest reforms of the Reserve Bank of Australia in three decades, moving to bolster the level of expertise involved in the setting of interest rates, while striking hard at what many critics say is the closed culture of the central bank. https://www.wsj.com/articles/australian-treasurer-announces-biggest-reforms-to-rba-since-the-1990s-31e31696

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‘Radical feminist’ groups break with Biden, join GOP in support of women’s sports bill: ‘Height of hypocrisy’

Fox News EXCLUSIVE: Two liberal organizations describing themselves as “radical feminist” groups have entered a surprising partnership in their effort to protect women’s rights. This week, Women’s Liberation Front and Women’s Declaration International USA broke with the President Biden and joined congressional Republicans in support of H.R. 734, or the Protection of Women and Girls…

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Kansas Gov. Kelly vetoes second bill to regulate abortion

Fox News Kansas’ governor vetoed legislation Wednesday that would require clinics to tell patients that a medication abortion can be stopped using an unproven drug regimen. Democratic Gov. Laura Kelly’s action pushed back state GOP efforts to restrict abortion despite a decisive statewide vote affirming abortion rights in August 2022. It was the second time…

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Cooling New Zealand Inflation Points to Coming Rates Peak

Wall Street Journal Inflation pressures in New Zealand showed clear signs of easing in the first quarter, signaling that the central bank’s 18-month campaign of tightening the monetary screws is nearly complete. https://www.wsj.com/articles/cooling-new-zealand-inflation-points-to-coming-rates-peak-cbeb4631

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Former Pennsylvania congressman, ‘King of Asphalt’ Bud Shuster dead at 91

Fox News Former U.S. Rep. Bud Shuster, an influential Republican lawmaker who strongly backed transportation projects but ran afoul of ethics guidelines, has died. He was 91. Shuster died peacefully at his farm Wednesday in Everett, Pennsylvania, surrounded by his family, including his son, Bill Shuster, who succeeded his father in the southern Pennsylvania congressional…

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Tesla Counts the Cost of Its Price War

Wall Street Journal The electric-vehicle maker hopes to recoup some of its lost margin by selling automated-driving features over the air, but first it has to make them work. https://www.wsj.com/articles/tesla-counts-the-cost-of-its-price-war-82401b19

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Talc Lawyers Hire Paul Hastings to Back Johnson & Johnson Bankruptcy Plan

Wall Street Journal Personal-injury lawyers who back Johnson & Johnson’s efforts to resolve its mass talc liabilities through chapter 11 have hired law firm Paul Hastings LLP, according to people familiar with the matter. https://www.wsj.com/articles/talc-lawyers-hire-paul-hastings-to-back-johnson-johnson-bankruptcy-plan-a36bb824

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G.O.P. Immigration Agenda Faces Stiff Odds in Divided House

New York Times Not enough Republican members are yet on board with either impeachment proceedings against the Homeland Security secretary or border security legislation. https://www.nytimes.com/2023/04/19/us/politics/gop-immigration-house.html

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