Business

Military Action Abroad Is Driving Car Shopping Decisions at Home

The ripple effects of military conflict in Iran are reaching American car dealerships. Gasoline prices have climbed to $3.90 per gallon — their highest level in nearly three years — following the disruption of oil markets caused by US and Israeli military operations and Iran's subsequent closure of the Strait of Hormuz. The result is a 20 percent increase in online searches for electric...

US Oil Prices Stubbornly High as Iran War Squeezes Global Energy Markets

US oil prices remain stubbornly high as the Iran war squeezes global energy markets and enters its third week with no resolution in sight. Analyst Patrick De Haan has forecast Monday pump prices of $3.80 to $3.85 per gallon, while $4 gasoline remains a near-term possibility. Three weeks of sustained military conflict have created a supply shortage that is directly translating into higher costs...

US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...

Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...