Oil could skyrocket to $150 a barrel next year, and underinvestment could mean tight supply for the next decade, JPMorgan energy strategist warns

Atef Hassan/Reuters Oil could skyrocket to $150 a barrel next year, according to JP Morgan’s Global head of energy strategy. Price surges may be worsened by underinvestment, which is set to keep a lid on supply for a decade.  “While we are seeing the recognition of the need for investment into oil and gas, it…

‘It’s Always Sunny in Philadelphia’ actor said Tesla ‘lost a customer’ after his car was stuck in a parking garage for days after his key fob broke

A Tesla model 3 charging in a parking garage and Glen Howerton Smith Collection/Gado/Getty Images and David Livingston/Getty Images Glenn Howerton said his Tesla was stuck in a parking garage for over 24 hours after his key fob broke. The actor detailed a frustrating experience where Tesla support failed to help him start the car….

I own a famously ‘haunted’ Airbnb in Salem. The spooky reputation keeps it booked all Halloween — here’s how we run it.

Phil and Jocelyn Marchand and the Henry Derby House. Phil Marchand and Jakob Menendez Phil Marchand is the owner of the historic Henry Derby House in Salem, Massachusetts. In 2015, he turned the bed and breakfast he was running into an Airbnb that caters to large groups. Marchand said making the switch has helped him make more money…

Student-loan borrowers who combined debt with their spouses can now legally separate their balances — but they need to take action by the end of October to get federal relief

Getty Images Biden just signed into a law a bill that would allow borrowers with spousal loans to separate their balances. This means they can now qualify for federal relief through programs like PSLF. But the waiver for PSLF is expiring on October 31, leaving those borrowers with little time to take advantage. For over…

Russia is frantically moving tens of thousands of civilians across the river in Kherson, an early war win for Putin’s forces that they may not be able to hold

A tank in Kherson Oblast, Ukraine on October 07, 2022. Photo by Metin Aktas/Anadolu Agency via Getty Images Russian forces are rushing to evacuate tens of thousands of people in the key city of Kherson. The move comes as Ukrainian forces advance toward the city — the first that Russia captured. Ukraine’s southern counteroffensive has…

Pence calls for the US to continue to support Ukraine ‘until peace is restored’ after Kevin McCarthy suggests GOP will slow aid

Former Vice President Mike Pence speaks at the Heritage Foundation. Chip Somodevilla/Getty Images Mike Pence declared that Republicans should not abandon Ukraine as it continues to fight Russia. The former vice president’s words come as Republican lawmakers express unease about passing more aid. Pence’s said American support must remain “until Russia relents and until peace…

There’s a 50% higher chance your flight will be delayed if it leaves after 3 p.m., a new report says

Passengers wait and queue to rebook their flights in front of a schedule board. Andre Pain/AFP via Getty Images Flights that depart after 3 p.m. have a 50% higher chance of being delayed, a new report says. Flight cancellations have decreased considerably, however, in the past six weeks since the ARC data was collected. The…

A pause in the Fed’s interest rate hikes would drive a massive allocation shift to stocks, Fundstrat’s Tom Lee says

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020. Lucas Jackson/Reuters Equity allocations could surge if the Federal Reserve pauses its interest rate hikes at the end of this year, according to Fundstrat.“A pause simply means [the] Fed is shifting back…

Homebuilders aren’t helping to lower home prices because they too are sitting on the sidelines waiting for inflation and mortgage rates to fall

AP Photo/Carolyn Kaster Like prospective homeowners, homebuilders aren’t happy with the housing market, either. Builder sentiment fell for a 10th straight month in October to decade lows, barring the 2020 lockdowns. High mortgage rates, low buyer demand, and material bottlenecks have also slowed home building. Homebuilders. They’re just like you.  Soaring costs are not only…