Business

The Tipping Point Question: Will High Gas Prices Finally Shift America to EVs?

The question being asked with renewed urgency in American automotive circles is whether this is finally the moment — the gas price spike that tips the scales enough to accelerate meaningful EV adoption. National fuel prices are at $3.90 per gallon, their highest in nearly three years, driven by oil supply disruptions linked to the Iran conflict. EV searches have risen 20 percent in...

US Oil Prices Remain Elevated as Iran War Targets Core Energy Assets

US oil prices remain elevated as the Iran war moves into its third week and military operations continue to target core energy infrastructure. Analyst Patrick De Haan projects that US pump prices could reach $3.85 per gallon Monday, with $4 gasoline still a near-term possibility. Three weeks of sustained military operations have stripped significant supply from global oil markets, directly inflating costs for American...

Gold and Silver Prices Stabilize After Massive Turbulence Following Federal Reserve Decision

Monday brought relief to precious metals investors as gold and silver fought back from steep declines that had unsettled financial markets globally. Gold prices...

Chery Commits to Liverpool for European Hub in Automotive Expansion

Chinese automotive giant Chery is setting up its European research and development headquarters in Liverpool, positioning Merseyside as the central hub for its European...

EasyJet Boss Brands EU Cabin Bag Rules Incompatible with Modern Airline Economics

The chief executive of EasyJet has characterized European Union baggage proposals as fundamentally incompatible with the economic realities of contemporary budget aviation. The proposed legislation...

Trump Brandishes 25% Tariff Weapon Against South Korea Over Parliamentary Delays

Donald Trump has brandished the tariff weapon against South Korea, threatening 25% duties on major exports to pressure Seoul's parliament into action on a...

Political Uncertainty Fuels German Gold Repatriation Debate

Political uncertainty is fueling debate in Germany over whether gold reserves should be repatriated. Economists are divided on the issue. Germany holds nearly €450 billion...

Trump’s Davos Speech: Greenland Framework Claims Meet European Skepticism

The US president's World Economic Forum address centered on assertions about diplomatic progress toward acquiring Greenland, with Donald Trump claiming to have reached preliminary...

World Economic Forum Becomes Backdrop for Diplomatic Snub

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...

Gold Soars to $4,689 and Silver Hits $94 as 15-Point Jump from 10% to 25% Threatens Severe Economic Impact

Precious metal markets delivered remarkable performances on Monday, achieving unprecedented price milestones as investors processed the magnitude of President Trump's proposed tariff escalation. Gold...

Oil Giants Uncommitted on Trump’s Venezuelan Reconstruction Vision

President Trump's announcement that American oil companies will invest billions in Venezuela has produced surprisingly little public enthusiasm from industry leaders. Despite Trump's confident...

Oil Prices Plunge to Near Five-Year Lows in Historic Slide

The global energy sector has experienced its most severe annual downturn since the pandemic crisis, with crude prices tumbling nearly 20% throughout 2025. The...