Browsing Category
Energy
The economy has Strait of Hormuz deadline for Trump: Two weeks
An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel.Nurphoto | Nurphoto | Getty ImagesWith oil prices at levels not seen in years and global business supply chains across sectors of…
Costco turns pain at the gas pump into a powerful in-store traffic driver
Rising gas prices drive more people to Costco for cheaper fuel. But the real benefit to the retailer is the additional sales that come from the accompanying in-store traffic boost. With the Iran war in its fourth week and U.S. oil prices…
Tim Cook’s China visit reinforces country’s importance to Apple
CHENGDU, CHINA - MARCH 18: Apple CEO Tim Cook attends a special event marking Apple's 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China.VCG | Getty ImagesTim Cook touched down…
Vice President Vance to meet with oil industry as fuel prices surge
Vice President JD Vance and Energy Secretary Chris Wright will meet Thursday with the oil industry as the White House looks for ways to address surging fuel prices.U.S. governors and bipartisan leaders in Congress will also attend the…
Cuba restores power and vows unyielding resistance to US oil blockade
Cuba's President Miguel Diaz-Canel gestures during the BRICS summit second plenary session in Rio de Janeiro, Brazil, on July 6, 2025.Pablo Porciuncula | Afp | Getty ImagesCuba's President Miguel Díaz-Canel on Wednesday lashed out at the…
Apple CEO Tim Cook shoots down retirement rumors on ‘GMA’
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the U.S. president on the sidelines of the World Economic Forum annual meeting in Davos on Jan. 21, 2026.Fabrice Coffrini | Afp | Getty ImagesApple CEO Tim…
Oil meme trade? Crude drawing record retail money
The Iran war news flow-driven oil moves are drawing retail investors into the world's most traded commodity, further fueling volatility. Small investors have poured record sums into oil-linked exchange-traded funds in recent weeks as…
Oil market reserve release fails to calm crude prices
A dark smoke cloud engulfs destroyed vehicles near an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026.- | Afp | Getty ImagesHello, this is Leonie Kidd writing to you from…
Retail prices could rise after Strait of Hormuz closure
The Iran war could soon mean higher prices on store shelves for consumers.Iran's effective closure of the Strait of Hormuz passage has significantly disrupted the global supply chain, affecting goods from fertilizers to metals to gas and…
Gig workers feel the pinch as gas prices rise
Uber signage on a vehicle at San Francisco International Airport (SFO) in San Francisco, California, US, on Monday, Feb. 2, 2026. David Paul Morris | Bloomberg | Getty ImagesFor more than a decade, Alvaro Bolainez has ferried passengers…