Business

The EV Industry Could Not Have Scripted a Better Demand Catalyst Than $3.90 Gas

If the US electric vehicle industry had been given the opportunity to design the ideal demand catalyst, it might have struggled to improve on the current situation. Gasoline is...

US Oil Prices Set for Continued Volatility as Iran Conflict Drags Into Its Third Week

The Iran war is showing no signs of ending, and US oil prices are set for more volatility...

TikTok Deal Delivers $10 Billion to US Treasury in Historically Unusual Arrangement

The US Treasury stands to collect $10 billion as a result of the Trump administration's role in brokering...

Oil’s Dramatic Climb Continues as Gulf Ports Shut and Prices Near $100

Oil prices are once again testing the $100-a-barrel barrier as Iranian strikes on Gulf ports, storage facilities, and...

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...

Trump Demands 25% Tariffs on South Korea as Legislative Approval Lags

Donald Trump has announced intentions to raise tariffs on South Korean exports from 15% to 25%, accusing Seoul's legislature of breaking commitments made in...

Germany’s Gold Storage Strategy Faces Political and Economic Debate

Germany’s gold storage strategy is at the center of a growing political and economic debate. Experts are questioning whether overseas storage remains appropriate. Nearly €164...

Zero-Tariff Industrial Access Vanishes as Parliament Blocks US Deal

Brussels has formally suspended the ratification of its trade agreement with the United States following President Trump's linkage of tariff threats with his Greenland...

Record Gold at $4,689 and Silver at $94: Precious Metals Surge as Trump Escalates European Tariff Threat

Precious metal markets experienced extraordinary trading sessions on Monday, with both gold and silver carving historic price territory as geopolitical tensions intensified dramatically. Gold...

Breaking: Trump Announces 10% Credit Card Rate Cap Starting Jan 20

Donald Trump has made a stunning late-night announcement, declaring a one-year cap on credit card interest rates at 10%. Posting on Truth Social on...

Wright Executes Strategy for Venezuela Supplying Oil to US Indefinitely

Chris Wright's appointment as primary executor of arrangements with Venezuela supplying oil to the US indefinitely places the energy secretary at the center of...