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News & Articles By Sterling Ashworth
10/25/2026
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By Sterling Ashworth
U.S. Government Unloads Heating Oil Reserves As Winter Approaches
The Department of Energy (DOE) announced on Wednesday, Oct. 21, that it will offer a heating oil exchange of up to 315,000 barrels of ultra-low sulfur distillate from the Northeast Home Heating Oil Reserve, according to a department statement [1][2]. The solicitation is structured to mitigate supply chain challenges disrupting fuel oil supply and to keep […]
10/22/2026
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By Sterling Ashworth
Saudi Arabia Postpones Investment Conference
Saudi Arabia plans to make its flagship Future Investment Initiative a hybrid event, allowing executives to attend remotely after deadly weekend attacks on Riyadh airport, Reuters reported on Wednesday, citing two people familiar with the matter [4]. Wall Street executives privately relayed safety concerns to organizers, including the head of the kingdom’s sovereign wealth fund, […]
10/20/2026
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By Sterling Ashworth
U.S. Offers Another 17 Million SPR Barrels as Fuel Crisis Deepens
The U.S. is putting another 17 million barrels of crude from the Strategic Petroleum Reserve (SPR) on offer, one day after the International Energy Agency (IEA) accelerated emergency stock releases as governments scramble to get more oil and fuel into a tight market [1]. The Department of Energy (DOE)issued a request for proposals on Oct. 16 […]
10/20/2026
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By Sterling Ashworth
Bitcoin’s Volatility Falls Within S&P 500 Range, Grayscale Research Says
Bitcoin’s one-year realized volatility has declined to 43%, a level that now sits within the distribution of S&P 500 constituents, according to a research note released Wednesday by crypto asset manager Grayscale. The figure is down from an average of 64% over the past 10 years and 81% five years ago, the report stated, and […]
10/19/2026
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By Sterling Ashworth
U.S. Import Prices Rise 0.5% in September on Energy Costs, BLS Says
U.S. import prices increased 0.5% in September, boosted by higher costs for energy products, the Bureau of Labor Statistics reported Friday in Washington. Energy prices climbed 3.2% during the month, while non-energy import prices were unchanged, according to the report. The September gain extended a run of upward pressure on imported goods costs and coincided […]
10/18/2026
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By Sterling Ashworth
Trump Faces Second Inflation Report as Midterms Approach
President Donald Trump faced a second inflation setback in as many days on Thursday, Oct. 15, after the Producer Price Index (PPI) for final demand rose 1.3% in September, the largest monthly increase in more than four years, according to the Bureau of Labor Statistics [1][2]. The two reports arrived less than three weeks before […]
10/18/2026
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By Sterling Ashworth
AI Stock Selloff Accelerates as Investors Rotate to Treasury Bonds, Defensive Sectors
A continued selloff in shares tied to artificial intelligence (AI) accelerated Thursday, Oct. 15 – pushing investors toward U.S. government bonds and defensive stock sectors, according to market data and analyst notes. MarketWatch reported that a continued selloff in the AI trade is forcing investors to move from tech names to the relative safety of […]
10/18/2026
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By Sterling Ashworth
Global Smartphone Shipments Drop 22% in Q3 Amid Rising Memory Costs, IDC Reports
Worldwide smartphone shipments fell 22% year over year in the third quarter of 2026 to 255.3 million units, according to preliminary data in a report released by technology research firm IDC, which attributed the decline to rising memory chip costs that have squeezed vendor margins and pushed handset prices higher. The results matched an earlier […]
10/16/2026
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By Sterling Ashworth
U.S. Families Behind on Bills at Rate Not Seen Since Great Recession, Fed Survey Finds
The Fed report stated that the share of families behind on loan payments rose from about 12% in 2022 to almost 20% in 2025, an increase of roughly 60% over three years [1][2][3]. The report noted that median household debt increased from $170,200 in 2022 to $183,600 in 2025, a figure that includes credit cards, […]
10/16/2026
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By Sterling Ashworth
Inflation Scorches Americans Before Midterms, Driven by High Fuel Costs
U.S. consumer prices rose 3.7% in September from a year earlier, the Bureau of Labor Statistics (BLS) reported Wednesday, Oct. 14 – the final inflation reading before November’s midterm elections and a fresh signal that rising energy costs continue to strain household budgets. The consumer price index (CPI) climbed 0.6% from August, the largest monthly […]
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