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Story perspectives

Trump Declares Energy Emergency Amid Historic Southern Storm

1/22/2025

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Story summary
  • President Trump declared a National Energy Emergency to increase oil production and reduce prices, reversing Biden's policies.
  • A historic winter storm hit the southern U.S., with New Orleans experiencing up to eight inches of snow.
  • Trump's second term resulted in notable stock market gains, especially for Oracle's $100 billion AI infrastructure project.
  • Real estate mogul Charles Cohen's net worth fell to $1.6 billion amid pandemic challenges in Manhattan.
  • Startup Clay secured $40 million in funding, achieving a $1.25 billion valuation for its AI-driven sales lead generation.