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Oil prices to cost a US household $440 in ’18

Bloomberg The average American household will have $440 less to spend this year due to rising pump prices, putting at risk one-third of the windfall they got from tax cuts. Strong oil prices drove the cost of US gasoline to the highest level in more than three years last month, according to AAA, and pump prices are now 27 percent ...

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Fresh Kim weapon advances show challenge facing Trump

Bloomberg Evidence of new efforts by Kim Jong-un to expand his nuclear arsenal underscore the challenge facing US President Donald Trump three weeks after declaring that North Korea was “ no longer a nuclear threat.” Several reports released in recent days suggest that Kim continued to ramp up his weapons production — rather than prepare to disarm — in the ...

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Angela Merkel sees willingness to defuse her coalition clash

Bloomberg Chancellor Angela Merkel told lawmakers in her party bloc she senses a willingness to halt a feud over migration policy that’s tearing at the seams of Germany’s governing coalition. Merkel made the remark to a closed-door meeting in Berlin on Monday where her caucus leader, Volker Kauder, said he’s convinced a compromise will be found by the end of ...

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