Russia, China veto UN resolution to reopen Strait of Hormuz
Russia and China vetoed a UN Security Council resolution aimed at reopening the Strait of ...
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Hormuz closure, expensive fuel have made EVs impossible to ignore
The closure of the Strait of Hormuz has answered a question the energy world had ...
One year on, did Trump’s Liberation Day tariffs make America wealthier?
Just over a year ago, on April 2, 2025, US President Donald Trump walked into ...
Iran conflict may push US inflation near 4%; recession fears surge
The surge in energy prices, visible at US gas stations since early March, is set ...
Evening digest: Trump Iran ceasefire claim, SpaceX IPO, Bitcoin gains
Global markets on Wednesday reacted to renewed geopolitical tensions after Donald Trump’s comments on Iran, ...
Dollar rises on safe-haven demand after Trump warns Iran still a risk
The dollar rose on Thursday after US President Donald Trump described Iran as acting “crazy,” ...
US jobless claims fall to 202K, below expectations as layoffs ease
The US labour market showed signs of resilience toward the end of March, with fresh ...
GM stock falls as Q1 sales slump, high rates and gas weigh demand
Shares of General Motors fell about 4% on Thursday after the company reported a sharp ...
Iran war risks grocery price surge, fueling US election tensions
Rising grocery prices in the United States, driven by the ongoing Iran conflict, are emerging ...
US trade deficit rises despite strong export growth
The United States trade deficit widened in February as a surge in imports offset record ...