The price of oil in global markets has plunged by nearly 45 percent over the past six months. As a result, the price of a gallon of regular gasoline in the U.S. dropped from $3.68 in June to $2.37 in late December. In June, the U.S. Energy Information Administration had projected that a gallon of gas would average $3.48 per gallon in the second half of 2014. What happened?, asks Ron Bailey. And where might oil prices go in the next two to five years?
A former staffer says he sexually assaulted her in 1993.
The Scandinavian country is betting against draconian restrictions and in favor of the free movement of people and goods.
No, British Epidemiologist Neil Ferguson Has Not 'Drastically Downgraded' His Worst-Case Projection of COVID-19 Deaths
But he has raised his estimate of the virus's reproduction number, which implies a lower fatality rate than his research group initially assumed.
That's a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression.
One way of getting a perspective on the magnitude of the problem, at least today, and in what seems to be the hardest-hit country.