Author: BostonNewsletter.com Est. 1704

“You’re hitting tank bottom.” That is the phrase one oil industry executive used to describe the state of global petroleum inventories, in a conversation the executive said had already been shared with senior officials in Washington. The same person gave it an unusually specific deadline: mid-to-late June, according to E&E News. The White House’s response was immediate and direct. “Politico’s anonymous sources are wrong,” a White House official said, while an Energy Department official added there have been no such discussions about inventory levels, according to E&E News. Four oil executives told Politico the opposite is true, and at least…

US President Donald Trump and Vice President JD Vance salute during the National Memorial Day Observance at the Memorial Amphitheatre in Arlington National Cemetery in Arlington, Virginia on May 25, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images) OAN Staff Addie Davis2:24 PM – Sunday, June 14, 2026 A number of administration officials, including Vice President JD Vance, took to social media to wish President Donald Trump a happy birthday. “Happy Birthday to the GOAT. Looking forward to celebrating later today at the UFC fight!” Vance posted to X on Sunday, referencing the historic UFC Freedom 250 event being…

Employee ownership can create a deeper commitment to the firm and align incentives, but it doesn’t automatically motivate employees, according to registered investment advisors speaking at the Wealth Management EDGE conference at The Boca Raton resort in Boca Raton, Fla., this week.Kyle Glenn, chief operating officer at HB Wealth, said economic incentives can be a cultural touchpoint and allow a firm to put its money where its mouth is. But it’s not everything, and it’s not an excuse to ignore culture. For HB Wealth, shared ownership shows people that they want them for value creation, not value capture, Glenn added. If…

J.D. Vance used to represent the future. Early in President Donald Trump’s second term, Vance already seemed a lock for the Republican nomination in 2028. Name recognition, a compelling biography, rhetorical skills, credibility with the “New Right,” and, perhaps most importantly, the seeming approval of Trump himself, who had tapped him as running mate—Vance had it all. No longer. For many voters, Vance now represents a deeply and increasingly unpopular administration that presides over a spluttering economy, geopolitical decline, and a catastrophic war with Iran. What had seemed predetermined—Vance 2028—can no longer be taken for granted. Perhaps that’s for the…

Ciryl Gane kept the UFC Freedom 250 knockout parade going on Sunday, stopping former two-division champion Alex Pereira in the second round in what was a brilliant performance to win the interim heavyweight championship for the second time in his career.Pereira immediately opened with a big head kick, sending an early message to Gane. Pereira also worked some low calf kicks as Gane tried to close the distance with jabs that weren’t connecting. Gane instead switched to leg kicks and front kicks to try and change the pace of the fight. Gane then shot for the first takedown attempt of…

Amassing a $1 million retirement fund can sound like a daunting task. In reality, it’s very achievable. It just takes some proper planning and the time and patience to let your investment nest egg grow for years. Having the right investment helps, too. This is where some people can go wrong. They think that in order to get to $1 million, they need to take home run swings and get a few of them right. When it comes to investing, though, singles and doubles can also produce a lot of runs. Just owning the entire U.S. stock market isn’t as…

Most teachers are concerned about their students’ education amid the looming artificial intelligence revolution, a recent survey shows. Fifty-four percent of K-12 teachers say AI is making it harder for their students to learn critical thinking skills, IPSOS reported Friday. NPR/IPSOS surveyed a representative sample of teachers between April 27 and May 5. Forty percent of teachers said AI has had a negative effect on education, whereas only 9 percent said it’s been positive, according to the survey. Additionally, 57 percent of teachers said AI is making it harder to assess their students’ knowledge level, and 59 percent said AI…

Oil prices lift revenues, but capital discipline holds The conflict in Iran and the closure of the Strait of Hormuz have pushed ATB’s West Texas Intermediate (WTI) price forecast to an average of US$84/bbl for 2026, up sharply from US$61 in the December forecast. Alberta’s nominal GDP is expected to rise 8.8% this year as a result. Despite the revenue windfall, energy producers remain in a “wait and see” posture on major capital expenditures, citing uncertainty over additional oil transportation capacity and the temporary nature of elevated prices. The WTI price is forecast to retreat to an average of US$70/bbl…

Vice President JD Vance called in to FNC’s “Big Weekend Show” on Sunday afternoon to give some details about the administration’s deal with Iran: VICE PRESIDENT JD VANCE: I think it’s a big moment for the United States of America, thanks to the president’s leadership and the hard work of the entire team.Three things that are important for the American people to appreciate what this deal does for all of us as Americans. – Number one, the immediate opening of the Strait of Hormuz and the lifting of the naval blockade with Iran along with it.- The number two thing:…

Don’t hold your breath waiting for the 49ers to add an edge rusher this offseason.NBC Sports Bay Area’s Matt Maiocco threw cold water on two of the names most frequently connected to San Francisco: free agent edge rusher Joey Bosa and Pittsburgh Steelers edge rusher Alex Highsmith.Advertisement”I still don’t think that’s going to happen anytime soon,” Maiocco said. “In fact, I really don’t think it’s going to happen, period.”The most obvious name in these conversations has always been Bosa, given his brother Nick plays for the 49ers. But Maiocco doesn’t see that connection leading anywhere. He pointed to Nick Bosa’s…