Business

Why the Auto Industry’s Bet on Gas Trucks and SUVs Looks Shakier by the Day

The strategic logic seemed sound when America's largest automakers made it. Electric vehicle demand was sluggish, post-incentive sales had disappointed, and the profit margins on gas-powered trucks and SUVs...

US Oil Prices Spike as Iran War Enters Its Most Consequential Week

The Iran war is entering what analysts describe as its most consequential week yet for global energy markets,...

Oracle Leads Consortium Into Historic TikTok Deal — With a $10B Government Fee Attached

Oracle has emerged as the lead corporate player in one of the most financially unconventional deals in American...

Oil at $100: Inside the Week That Shook Global Energy Markets

The week that pushed oil prices from a partial retreat back above $100 a barrel will be remembered...

SpaceX IPO: A New Era for the Commercial Space Economy

Elon Musk’s SpaceX is reportedly preparing for a public debut that could value the company at $1.75 trillion....

Geopolitical Realignment Follows Venezuela Supplying Oil to US Indefinitely

Global geopolitical dynamics face significant realignment as arrangements for Venezuela supplying oil to the US indefinitely shift Venezuela from adversary to dependent status. Traditional...

Corporate Uncertainty Dominates Response to Trump’s Venezuela Claims

Major American oil companies have responded with conspicuous silence to President Trump's declaration that they're prepared to invest billions in Venezuela's oil infrastructure. The...

Crude Sector Posts Three Consecutive Years of Decline

The global petroleum markets concluded 2025 with their most dramatic annual downturn since COVID-19, recording losses approaching 20%. The oil industry now faces an...