Business

Gas Prices as a Political Force: How $3.90 a Gallon Is Reshaping EV Attitudes Across Parties

In most political contexts, electric vehicles have become a polarizing topic — embraced by progressives as a climate solution, resisted by conservatives as government overreach. The Iran conflict and its impact on gasoline prices may be disrupting that political polarization in ways that could prove significant for the long-term trajectory of US EV adoption. At $3.90 per gallon — the highest national gas average in...

US Oil Prices Reflect Deep Market Anxiety as Iran War Enters Third Week

  Deep market anxiety is reflected in US oil prices as the Iran war enters its third week, with analysts projecting further gains on Monday. Petroleum analyst Patrick De Haan has forecast pump prices of $3.80 to $3.85 per gallon, while noting that $4 gasoline could still materialize. The unresolved conflict has made energy market participants deeply uncertain about the near-term supply and price outlook. The...

U.S. Border Town Offers Sweetened Exchange Rate to Woo Back Canadian Shoppers This Easter

POINT ROBERTS, WA — In a bid to rekindle the cross-border connection with its northern neighbors, the Point Roberts International Marketplace is offering a...

Trump Threatens to Oust Fed Chair Powell Amid Tariff Fallout and Rising Economic Tensions

President Donald Trump has reignited a political firestorm by suggesting he could fire Federal Reserve Chair Jerome Powell, citing frustration over interest rates and...

Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty

U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves...

Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push

In a fresh turn in his ever-evolving trade policy, U.S. President Donald Trump has hinted at potential tariff relief for automakers, even as his...

WTO Sounds Alarm: Trump Tariffs Threaten to Reverse Global Trade Growth

The World Trade Organization (WTO) has issued a stark warning that former U.S. President Donald Trump's sweeping tariffs could reverse global trade progress and...

Oil on the Brink: Trade War Turmoil and OPEC Shock Send Prices Plummeting, Russia on Edge

Global oil markets are facing their most turbulent moment in years, as geopolitical tensions, trade war fallout, and unexpected supply shifts collide to drag...

Global Investors Flee U.S. Bonds, Signaling Crisis of Confidence in Trump’s Economic Stewardship

In a startling twist that could signal deeper cracks in America’s financial foundation, global investors are rapidly offloading U.S. government bonds — once considered...

Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...

Global aviation organisation ICAO rejects Spicejet’s audit story

New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...

US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...