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...

From Baghdad to Beijing: Iran Tensions’ Far-Reaching Impact

The escalating tensions between the US and Iran are having far-reaching impacts, from potential "energy attacks" near Basra in Iraq to urgent diplomatic calls...

US-China Trade Talks Set for London After Trump-Xi Call

Donald Trump confirmed on Friday that London would host the next significant round of trade discussions between the United States and China on Monday....

Eurozone’s “Far-Fetched” Confidence: ECB Cuts Rates to 2%

ECB President Christine Lagarde admitted that confidence in the eurozone outlook was "a bit far-fetched" even as the European Central Bank cut its main...

The Geopolitics of Smartphones: Trump’s Latest Move Against Offshore Production

The geopolitics of smartphones are heating up with Donald Trump's latest move against offshore production, threatening a 25% tariff on Apple and Samsung phones...

OECD Report: Global Economy at Risk of “Challenging and Uncertain Environment”

The global economy faces a "challenging and uncertain environment," according to a new report from the Organization for Economic Co-operation and Development (OECD). The...

Bank of England Governor: Tariffs Higher Than Pre-Trump Era

Andrew Bailey, the Bank of England governor, stated that despite the UK's trade agreement with the US, tariffs remain higher than before Donald Trump...

The End of an Experiment: Musk’s Bruised Departure from the White House

Elon Musk's 138-day experiment as a "special government employee" in the Trump administration concluded with a bruised departure from the White House. His ambitious...

Trump’s 50% Steel Tariff Push: Hails Japan Deal, Sparks Ownership Questions

President Trump, speaking from a US Steel plant in Pennsylvania, on Friday announced a doubling of foreign tariffs on steel imports to 50%, while...

Tariff Block Temporarily Lifted: Trump Battles Judicial Overreach Claims

The Trump administration has gained a temporary victory in its fight against a court ruling that sought to block the president's broad tariff policies....

Starling Bank CEO Admits: “We Failed” – £28m Loss Shakes Digital Banking Sector

In a rare moment of corporate accountability, Starling Bank's chief executive has publicly admitted the company's failure in managing government-backed Covid loans, resulting in...

Nvidia’s Wednesday Earnings Report Set to Reveal True Impact of China Trade Curbs

Wall Street investors are bracing for Nvidia's quarterly earnings announcement on Wednesday, which will provide the first concrete assessment of how U.S. export limitations...

Trump’s Tariff U-Turn Sparks Hope for Transatlantic Trade Deal

A sudden reversal in President Donald Trump's tariff threats against the European Union has ignited hope among EU leaders for a swift resolution to...