The effective closure of the Strait of Hormuz has entered its second week, pushing global oil prices back above the $100 mark. This critical artery, which handles a fifth of …
The Office for Budget Responsibility (OBR) has adjusted its UK inflation forecast, suggesting the rate could hit 3% by the end of the year. This adjustment is a direct response …
Mississippi regulators have authorized xAI to operate 41 methane gas turbines at the Colossus 2 datacenter, nearly doubling its previous capacity. This permit, granted by the MDEQ, provides the necessary …
The Nasdaq is reportedly developing a “Fast Entry” mechanism to attract the much-anticipated SpaceX initial public offering. SpaceX is seeking a valuation of $1.75 trillion, which would rank it as …
President Donald Trump has revealed that a $300 billion oil refinery will be constructed at the Port of Brownsville, Texas. This facility, the first new refinery in the U.S. in …
The Bank Policy Institute is preparing for a potential legal battle with the OCC over the future of the American banking license. Representing forty of the largest lenders in the …
For the first time since the invasion of Ukraine, oil prices surged past the $100 psychological threshold on Monday, sparking memories of previous global energy shocks. The price of Brent …
The Trades Union Congress (TUC) has warned that British workers are facing a “Donald Trump-made cost of living crisis” as the US offensive against Iran continues to destabilize global markets. …
Following a conversation with Vladimir Putin, Donald Trump announced a temporary waiver of oil sanctions to ease the global energy supply crisis. This announcement coincided with a sharp decline in …
The precious metals market experienced a dramatic reversal on Monday as gold prices plummeted 8% to $4,465 per ounce, marking a sharp retreat from last week’s near-$5,600 peak. Silver followed …