US Set to Delay Russian Oil Price Cap Announcement Until After Midterms, Reports Suggest

The Biden administration intends to delay setting a price cap on Russian oil until after the November 8 midterms amid concerns that the fallout could weigh on Democrats’ standing in the upcoming vote, American media reported on Friday, citing sources.

Contingency planning, negotiations on price both within the administration and with allies, as well as the OPEC+ production cut have also contributed to the delay, the report said.

US Set to Delay Russian Oil Price Cap Announcement Until After Midterms, Reports Suggest

Medicare officials say costly Alzheimer’s drug to blame for large monthly jump in premium

Medicare officials say costly Alzheimer’s drug to blame for large monthly jump in premium

The increase guarantees that health care will gobble up a big chunk of the recently announced Social Security cost-of-living allowance, a boost that had worked out to $92 a month for the average retired worker, intended to help cover rising prices for gas and food that are pinching seniors.

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