Monthly Archives: August 2022

Europe’s energy crisis has ‘no end in sight’ as the perfect storm continues to rage on. Here’s what you want to know.

Top of the morning, team. Phil Rosen here, reporting from New York. Let’s start with a flashback from college.  Before becoming a reporter, I was a science student with aspirations for medical school. There was a time when I wore goggles and lab coats instead of button-downs. I still carry lessons from research labs with…

Russia’s Gazprom is cutting gas supply to a top French utility after France’s leader warns of rationing

Pipes at the landfall facilities of the ‘Nord Stream 2’ gas pipeline are pictured in Lubmin, northern Germany, on Feb. 15, 2022. AP Photo/Michael Sohn, File Russia’s Gazprom is cutting its natural gas supply to one of France’s biggest utility firms, Engie.  The cut starts Tuesday and comes after a contractual disagreement, according to Engie….

DOJ found that only a few items retrieved by the FBI from Mar-a-Lago were covered by attorney-client privilege, undercutting a Trump defense

The FBI headquarters in Washington, DC. Liu Jie/Xinhua via Getty Images The DOJ said it had examined documents retrieved by the FBI from its Mar-a-Lago raid. It said only a small number of them were covered by attorney-client privilege.  Trump has sought to claim this privilege to shield the documents from being examined.  The Department…

US home prices are going to stall completely as soaring mortgage rates crush demand, Goldman Sachs warns

US home prices soared during the pandemic the market is cooling sharply. Justin Sullivan/Getty Images Goldman Sachs told clients it expects US home prices to stall completely in 2023 as demand drops. Prices soared during the pandemic, but Fed rate hikes are rapidly cooling the US property market. Goldman said outright falls in prices are…

American Airlines passengers were stuck on an Atlantic island for 20 hours after their plane was diverted when pilots smelled smoke in the cockpit, report says

American Airlines told PA it had to divert a flight to London to Bermuda instead because of a possible mechanical issue. Nik Oiko/SOPA Images/LightRocket via Getty Images Passengers were left for 20 hours in an airport after American diverted a flight from Miami to London, per PA. American told PA it had to divert the…