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...

U.S. and China to Meet in Geneva as Trade War Pressures Spark Hope for Resolution

GENEVA — In a pivotal step toward easing trade tensions, top U.S. and Chinese officials are set to meet in Switzerland this week, offering...

BMW Cuts 180 Jobs at Mini Oxford Plant as US Tariffs Shake UK Car Industry

BMW has terminated the contracts of 180 agency workers at its Mini plant in Oxford, highlighting the growing strain on the UK automotive industry...

Global Markets Climb Amid Cautious Trading as U.S. Futures Surge

Global stock markets advanced on Thursday despite light trading volumes due to widespread May Day holidays across Europe and Asia. The optimism was driven...

Trump Eases Auto Tariffs to Spur U.S. Manufacturing and Job Growth

President Donald Trump is easing some auto-related tariffs in a strategic shift aimed at boosting domestic manufacturing and preserving jobs. The move comes amid...

Trump Faces GOP Discord as Budget Battles Threaten His Domestic Agenda

As Congress returns to Washington, President Trump’s ambitious budget proposal is encountering early turbulence within his own party. While Republicans control both chambers, deep...

India Ramps Up Russian ESPO Oil Imports as Chinese Demand Wanes

India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian...