Low oil prices give President Donald Trump more leverage over Iran, U.S. Energy Secretary Chris Wright said Friday, speaking as the two adversaries teeter on the brink of another conflict. “The world is very well supplied with oil right now, and I think it gives President Trump more leverage in his geopolitical actions to not…
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a…
The US Supreme Court in Washington, DC, US, on Tuesday, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images If the Supreme Court rules President Donald Trump’s International Emergency Economic Powers Act (IEEPA) tariffs are illegal, U.S. companies would not only be in line to receive tariff refunds, but also billions of dollars paid…
Justin Tallis | Afp | Getty Images Bitcoin bounced off its recent low on Friday after narrowly avoiding falling below the key $60,000 mark, but some market commentators suggested there’s more selling to come. Late on Thursday, the world’s biggest cryptocurrency fell below $61,000 and hovered just above the $60,000 mark. As of 4:54 a.m….
Shares of automaker Stellantis dropped more than 14% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26 billion) hit from overhauling its business to accelerate the rollout of electric and hybrid vehicles. Shortly after the European opening bell, Milan-listed shares of the firm were 14.4% lower. Stock Chart…
Restored Cheonggyecheon at night, Seoul. Renan Gicquel | Moment Open | Getty Images South Korea’s Kospi plunged as much as 5% Friday, leading another weak session in Asia markets after a tech-led rout on Wall Street. The South Korean index pared losses and was last down 3.20%; the small-cap Kosdaq was down 3.17%. Index heavyweights…
President Donald Trump makes an announcement from the Oval Office at the White House in Washington, Nov. 6, 2025. Jonathan Ernst | Reuters President Donald Trump on Thursday announced the launch of TrumpRx — a direct-to-consumer website that is key to his administration’s efforts to lower prescription drug costs in the U.S. The president said…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images South Korea markets led declines in Asia-Pacific Thursday, tracking Wall Street losses as the tech sell-off gained momentum. Seoul’s Kospi…
Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast. Anton Petrus | Moment | Getty Images Oil prices fell on Thursday after Washington and Tehran agreed to hold talks in Oman on Friday, even as differences persist over the scope of the…
Tankers docked at the Phillips 66 Freeport Terminal in Freeport, Texas, US, on Friday, Jan. 16, 2026. Mark Felix | Bloomberg | Getty Images Crude oil prices jumped about 3% on Wednesday following a report that planned talks between the U.S. and Iran are on the verge of collapsing. U.S. crude oil rose $1.80, or…
