World PulseNow
Newsletter

Want Cleaner Beaches? Restart Oil Drilling Off The Santa Barbara Coast, Says Phil Mickelson–And Some Surprising Science

Forbes•Tuesday, September 30, 2025 at 6:07:20 PM
NeutralFinancial Markets
Want Cleaner Beaches? Restart Oil Drilling Off The Santa Barbara Coast, Says Phil Mickelson–And Some Surprising Science
Sable Offshore is advocating for the resumption of oil drilling off the Santa Barbara coast, a move that follows a significant oil spill a decade ago. Interestingly, some scientists suggest that extracting oil could actually help mitigate natural oil seeps in the area. This proposal has garnered support from figures like Phil Mickelson and former President Trump, sparking a debate about the balance between environmental concerns and potential economic benefits. It's a complex issue that could impact local ecosystems and the community's relationship with oil production.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Trump says U.S. cities should be ‘training grounds’ for the military to fight an ‘invasion from within’ during unusual speech to generals
Fortunean hour ago
Trump says U.S. cities should be ‘training grounds’ for the military to fight an ‘invasion from within’ during unusual speech to generals
NegativeFinancial Markets
In a recent speech to military leaders, Donald Trump controversially suggested that U.S. cities should serve as 'training grounds' for the military to combat what he described as an 'invasion from within.' This statement has raised eyebrows and sparked debate, as it blurs the lines between military and civilian roles, potentially undermining the principles of democracy and civil liberties. The reaction from the generals was notably subdued, reflecting the tension between political rhetoric and military professionalism.
Read full article
via Fortune
Trump says Harvard to pay $500 million in deal with administration
Investing.coman hour ago
Trump says Harvard to pay $500 million in deal with administration
PositiveFinancial Markets
Former President Trump announced that Harvard University will pay $500 million as part of a settlement with the administration. This deal is significant as it highlights the ongoing discussions about funding and accountability in higher education, potentially influencing how universities manage their finances and relationships with government entities.
Read full article
via Investing.com
Stocks Post Late Rally After Trump Strikes Deal With Pfizer
The Wall Street Journalan hour ago
Stocks Post Late Rally After Trump Strikes Deal With Pfizer
PositiveFinancial Markets
In a surprising turn of events, stocks rallied late in the trading session following former President Trump's deal with Pfizer. This boost in pharmaceutical stocks helped lift market indexes, providing a glimmer of hope amidst concerns about a potential government shutdown. Investors are optimistic that this deal could signal stability in the healthcare sector, making it a significant development for the market.
Read full article
via The Wall Street Journal
Trump warns Democrats of ’irreversible’ actions in government shutdown
Investing.coman hour ago
Trump warns Democrats of ’irreversible’ actions in government shutdown
NegativeFinancial Markets
Former President Donald Trump has issued a stark warning to Democrats regarding the potential consequences of a government shutdown, describing the actions that could follow as 'irreversible.' This statement highlights the ongoing tensions in U.S. politics and raises concerns about the impact of a shutdown on government services and the economy. As negotiations continue, the stakes are high, and the implications of such a shutdown could affect millions of Americans.
Read full article
via Investing.com
Trump Announces Pfizer Deal to Lower Some Drug Prices and Unveils TrumpRx Website
The New York Timesan hour ago
Trump Announces Pfizer Deal to Lower Some Drug Prices and Unveils TrumpRx Website
PositiveFinancial Markets
Former President Donald Trump has announced a new deal with Pfizer aimed at lowering the prices of certain medications, alongside the launch of the TrumpRx website. This initiative is significant as it seeks to make essential drugs more affordable for Americans, addressing a long-standing concern about high healthcare costs. By partnering with a major pharmaceutical company, Trump aims to provide a solution that could benefit many families struggling with medication expenses.
Read full article
via The New York Times
Pfizer strikes $70B deal with Trump to cut Medicaid drug prices, expand American manufacturing under tariff threat
Fortunean hour ago
Pfizer strikes $70B deal with Trump to cut Medicaid drug prices, expand American manufacturing under tariff threat
PositiveFinancial Markets
Pfizer has announced a significant $70 billion deal with President Trump aimed at reducing Medicaid drug prices and boosting American manufacturing. This move is crucial as it not only addresses the rising costs of medications for millions of Americans but also strengthens domestic production in the face of tariff threats. Trump's endorsement highlights the importance of this agreement, signaling a commitment to improving healthcare affordability and supporting local jobs.
Read full article
via Fortune
Judge blocks Trump from cutting counterterrorism funds for Democratic-led states
Investing.com2 hours ago
Judge blocks Trump from cutting counterterrorism funds for Democratic-led states
PositiveFinancial Markets
A judge has ruled against former President Trump, preventing him from cutting counterterrorism funds allocated to Democratic-led states. This decision is significant as it ensures that vital resources for combating terrorism remain intact, highlighting the importance of bipartisan support in national security efforts. The ruling underscores the judiciary's role in maintaining checks and balances, especially when political agendas threaten public safety.
Read full article
via Investing.com
Trump trade chief Greer says 55% China tariffs a ’good status quo’
Investing.com2 hours ago
Trump trade chief Greer says 55% China tariffs a ’good status quo’
PositiveFinancial Markets
Trump's trade chief, Greer, has expressed that maintaining a 55% tariff on China is a 'good status quo.' This statement highlights the administration's ongoing strategy to leverage tariffs as a tool for negotiating trade terms, which could impact economic relations and market dynamics significantly. It reflects a commitment to protecting domestic industries while navigating complex international trade challenges.
Read full article
via Investing.com
FCC commissioner says companies should stop capitulating to Trump administration threats
Investing.com3 hours ago
FCC commissioner says companies should stop capitulating to Trump administration threats
PositiveFinancial Markets
In a bold statement, an FCC commissioner has urged companies to resist yielding to the pressures and threats posed by the Trump administration. This call to action highlights the importance of corporate integrity and independence in the face of political influence. It matters because it encourages businesses to stand firm on their principles, ensuring that they prioritize public interest over political pressures, which can ultimately lead to a healthier democratic process.
Read full article
via Investing.com
Trump administration plans TrumpRx.gov launch in early 2026
Investing.com3 hours ago
Trump administration plans TrumpRx.gov launch in early 2026
PositiveFinancial Markets
The Trump administration is set to launch TrumpRx.gov in early 2026, a new initiative aimed at improving access to affordable medications for Americans. This platform is expected to streamline the process of finding and purchasing prescription drugs, potentially lowering costs for many families. The initiative reflects a growing focus on healthcare affordability, which is a critical issue for voters. As the launch date approaches, many are eager to see how this program will impact the healthcare landscape.
Read full article
via Investing.com
Trump to meet with Argentina’s Milei as soy sales could stymie $20 billion deal
Investing.com3 hours ago
Trump to meet with Argentina’s Milei as soy sales could stymie $20 billion deal
NeutralFinancial Markets
Former President Donald Trump is set to meet with Argentina's President Javier Milei, as discussions around soy sales could impact a significant $20 billion deal. This meeting highlights the importance of agricultural exports in international trade and the potential economic implications for both nations. As Argentina seeks to strengthen its ties with the U.S., the outcome of this meeting could influence future trade agreements and economic strategies.
Read full article
via Investing.com
Trump says Pfizer will cut drug prices for tariff relief, promises other drugmaker deals
Investing.com4 hours ago
Trump says Pfizer will cut drug prices for tariff relief, promises other drugmaker deals
PositiveFinancial Markets
In a recent announcement, former President Trump stated that Pfizer will reduce drug prices in exchange for relief from tariffs. This move is significant as it could lead to lower healthcare costs for many Americans, making essential medications more accessible. Trump's promise of similar deals with other drugmakers suggests a broader strategy to address rising pharmaceutical prices, which has been a pressing issue for consumers and policymakers alike.
Read full article
via Investing.com
Latest from Financial Markets
US announces direct-to-consumer ‘TrumpRx’ drug sales programme
Financial Times39 minutes ago
US announces direct-to-consumer ‘TrumpRx’ drug sales programme
PositiveFinancial Markets
The US government has launched the 'TrumpRx' program, enabling consumers to purchase prescriptions at discounted prices directly. This initiative is significant as it aims to make essential medications more affordable for Americans, potentially improving access to healthcare and reducing financial burdens on families.
Read full article
via Financial Times
Trump warns of "irreversible" actions in case of government shutdown
France 2440 minutes ago
Trump warns of "irreversible" actions in case of government shutdown
NegativeFinancial Markets
President Donald Trump has issued a stark warning about the potential for a government shutdown, indicating that irreversible actions could be taken, such as cuts to personnel and benefits. This comes as the US Senate is set to vote on a temporary funding bill. Additionally, Trump has reached a $24.5 million settlement with YouTube over the freezing of his account following the January 6 riot. This situation highlights the ongoing tensions in US politics and the significant implications of a government shutdown for millions of Americans.
Read full article
via France 24
Investors Are Fretting That the Stock-Market Rally Is on Borrowed Time
The Wall Street Journal44 minutes ago
Investors Are Fretting That the Stock-Market Rally Is on Borrowed Time
NegativeFinancial Markets
Investors are increasingly concerned that the recent stock market rally may be unsustainable, as stocks reach record highs. This situation raises alarms about potential overheating and inflated valuations, which could lead to a market correction. Understanding these dynamics is crucial for investors as they navigate the risks associated with high market levels.
Read full article
via The Wall Street Journal
FTC accuses Zillow of paying Redfin $100 million to stop competing on rental listings
Investing.coman hour ago
FTC accuses Zillow of paying Redfin $100 million to stop competing on rental listings
NegativeFinancial Markets
The Federal Trade Commission (FTC) has accused Zillow of making a $100 million payment to Redfin to prevent competition in the rental listings market. This allegation raises serious concerns about anti-competitive practices in the real estate sector, potentially harming consumers by limiting their options and driving up prices. The outcome of this case could reshape how major players in the industry operate and ensure fair competition.
Read full article
via Investing.com
US crude inventory drops, but less than forecasted: API Weekly Crude Stock Report
Investing.coman hour ago
US crude inventory drops, but less than forecasted: API Weekly Crude Stock Report
NeutralFinancial Markets
The latest API Weekly Crude Stock Report reveals that US crude inventories have decreased, although the drop was less than analysts had anticipated. This information is significant as it provides insights into the supply dynamics of the oil market, which can influence prices and economic conditions. Investors and industry stakeholders will be closely monitoring these trends to gauge future market movements.
Read full article
via Investing.com
Rice acquisition corporation 3 prices $300 million IPO
Investing.coman hour ago
Rice acquisition corporation 3 prices $300 million IPO
PositiveFinancial Markets
Rice Acquisition Corporation 3 has successfully priced its initial public offering at $300 million, marking a significant milestone in the financial market. This IPO is important as it reflects investor confidence and opens new avenues for capital, potentially leading to growth and innovation in the sector.
Read full article
via Investing.com