US oil output set for first annual drop since pandemic

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US oil production will fall next year for the first time since the Covid-19 pandemic, according to a government forecast that will cast new doubt on Donald Trump’s “energy dominance” agenda. The Energy…

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Victoria’s Secret reports better-than-expected sales, narrows earnings loss

Victoria’s Secret & Co. on Wednesday reported better-than-expected sales in the first quarter, helping the U.S. lingerie giant to narrow earnings losses for the three-month period. Victoria’s Secret The Ohio-based company said sales for the three months ending May 3 totalled $1.353 billion, ​besting its previously communicated guidance range of $1.30 billion to $1.33 billion. …

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