Business

The Iran Conflict’s Most Unexpected Consequence May Be an American EV Awakening

When historians assess the economic legacy of the Iran conflict, one of its more unexpected chapters may be a meaningful acceleration in American electric vehicle adoption. Gasoline prices have...

US Oil Prices Put American Drivers Under Growing Pressure as Iran Conflict Persists

American drivers are under growing financial pressure from US oil prices as the Iran conflict persists into its...

What TikTok’s $10 Billion Fee Tells Us About the Price of Doing Business With Washington

The $10 billion fee attached to TikTok's US ownership transition carries a message that corporate America will find...

Oil Markets Tremble as Iran Launches Fresh Wave of Gulf Energy Attacks

Global oil markets shuddered Thursday as Iran unleashed another round of strikes on energy facilities and shipping routes...

SpaceX Seeks Trillion-Dollar Valuation in Historic Market Debut

SpaceX is reportedly planning to go public with a target valuation of $1.75 trillion, marking what could be...

The Putin Pivot: US Considers Economic Re-engagement with Russia

A significant "Putin pivot" may be underway in Washington, as the US considers a strategy of economic re-engagement with Russia to achieve its diplomatic...

Hundreds of Millions in Fines’: The Financial Threat That Spooked a Government

The threat of financial penalties totalling "hundreds of millions of pounds" was a key weapon used by carmakers to spook the UK government into...

A Fragile Truce: Why the US-EU Trade Pact May Not Hold

The newly announced US-EU trade pact should be seen as a fragile truce rather than a lasting peace treaty, as widespread dissatisfaction and unresolved...

Danish Government Backs Ørsted’s $9B Rescue as US Hostility Bites

The Danish government is backing a $9 billion rescue plan for its national energy champion, Ørsted, as hostile policies from the United States bite...

Record-Close Committee Vote Signals Monetary Policy at Crossroads

Interest rates have been reduced once again by the monetary institution, with the latest 0.25% decrease bringing the benchmark to 4% in the fifth...

Despite Brand Damage, Tesla Board Approves $29B Musk Pay Package to Secure His Loyalty

Tesla’s board of directors has given the green light to a new $29 billion stock award for CEO Elon Musk, following a U.S. court’s...