Gasoline prices in California have climbed above $5 per gallon as the Iran conflict pushes global oil prices higher and disrupts energy supply routes.
Global leaders may release emergency oil reserves amid rising prices, but analysts say the move would only provide temporary relief while disruptions in the Strait of Hormuz persist.
Live Nation reached a settlement with the DOJ in its antitrust case, avoiding a forced breakup with Ticketmaster while agreeing to reforms aimed at increasing competition.
A spike in California gasoline prices has revived debate about electric vehicles after investor Ross Gerber suggested the surge makes it an ideal moment for drivers to consider EVs.
SpiceJet chairman Ajay Singh warns that crude oil near $90 per barrel would be unsustainable for airlines, highlighting the heavy impact of rising fuel costs on aviation.
Oil prices are rising amid tensions involving Iran, and analysts say the U.S. has limited tools to lower fuel costs while risks to global oil supply routes persist.
China’s exports beat forecasts in the first two months of the year, pushing the country’s trade surplus to a record level for the period.
The FAA briefly grounded all JetBlue flights at the airline’s request before lifting the halt and allowing operations to resume.
U.S. stock futures traded quietly as investor confidence in a near-term end to a major war weakened, prompting a more cautious market outlook.
Analysts are reflecting on whether markets could face a “Bear Stearns moment,” recalling the early warning sign of the 2008 financial crisis amid current economic uncertainty.
Oil prices fall and New Zealand markets rise as Trump’s statement on the Iran war eases tension, highlighting the delicate interplay of perception and global economics.
Analysts warn that LNG markets could face sharper disruption than oil if the Strait of Hormuz closes, highlighting vulnerabilities in global energy supply chains.
South Korea imposes its first fuel price cap in 30 years as global oil shocks push energy costs higher, aiming to stabilize households and markets amid rising uncertainty.
Chevrolet’s 2027 Bolt returns with refined design and electric innovation, combining quiet performance, practical interiors, and a renewed vision for sustainable mobility.
Major U.S. banks are considering suing federal regulators over cryptocurrency banking rules, seeking clarity on how financial institutions can work with digital asset companies.
Microsoft is partnering with Anthropic to enhance Copilot with advanced AI agents capable of performing complex workplace tasks, signaling a broader push toward AI-powered digital coworkers.
China’s consumer inflation rose more than expected as holiday spending during the Lunar New Year boosted demand for food, travel, and services across the country.
Asian governments are introducing fuel price caps and subsidies as global oil prices surge, seeking to protect households and stabilize inflation across energy-importing economies.
Uber is expanding its women-only ride preference nationwide in the United States, allowing women riders and drivers to request matches with each other to enhance comfort and safety.
Rising tensions in the Middle East are disrupting key market bets for 2026, reversing consensus trades tied to oil prices, inflation expectations, and global growth.
Saks Fifth Avenue will close its store at Beachwood Place, marking the end of a long-standing luxury retail presence as department stores across the U.S. adapt to changing shopping habits.
Gasoline prices in Massachusetts jumped about 40 cents in a week while home heating oil surged above $5 per gallon, reflecting global oil market tensions and rising crude prices.
Rising gasoline prices in California are renewing interest in electric vehicles, highlighting how fuel costs, environmental policy, and charging infrastructure together shape the state’s evolving auto market.
A new Zacks industry outlook highlights Southwest Airlines, Copa Holdings, and Allegiant Travel as notable airline stocks, even as rising fuel and labor costs create challenges across the aviation sector