Crude oil and gasoline futures tumbled sharply on Monday, pressured by a rallying U.S. dollar and signs of diplomatic engagement between the U.S. and Iran. The sell-off marks a significant reversal from last week's geopolitical premium.
In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling core socialist-era controls to attract foreign investment. While promising a production boost, the new hybrid system raises concerns about transparency, U.S. oversight, and whether it truly marks a clean break from the past.
CEO Sam Altman announces a strategic hiring slowdown as OpenAI navigates profitability challenges and shifts toward using AI to build AI, raising questions about data quality and industry stability.
Natural gas futures tumbled over 25% on Monday, hitting a three-week low, as a swift recovery in U.S. production and a warmer weather forecast alleviated supply concerns sparked by last week's Arctic blast.
In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling the state monopoly that defined its socialist era. While aimed at reviving production, the new hybrid system raises critical questions about transparency, U.S. influence, and its true appeal to foreign capital.
President Claudia Sheinbaum commits to humanitarian support and exploring fuel shipments to Cuba, directly challenging Trump administration efforts to isolate Havana. The move risks escalating tensions ahead of crucial U.S.-Mexico trade talks.
Authorities in the Democratic Republic of Congo report a weekend drone attack on Kisangani's airport, marking a significant westward expansion of the conflict as M23 rebels are accused. No casualties were reported.
The United States and India have reached a trade agreement that will significantly lower reciprocal tariffs and remove a contentious levy on Russian oil purchases, marking a potential thaw in economic relations.
Venezuela enacts its most significant oil reform in nearly 50 years, dismantling core socialist tenets to attract foreign capital. While promising a production boost, the new hybrid system raises questions about transparency, U.S. influence, and whether it offers enough to lure back wary investors.
In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling decades of state control. The move aims to revive production but faces deep-seated risks and questions over who will truly benefit.
Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.
In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling core tenets of two decades of socialist policy. The overhaul aims to revive production but faces deep-seated risks and questions over its ultimate beneficiaries.
A record-breaking cold snap transforms Orlando's iconic theme parks, with fountains freezing and icicles forming on attractions from Epcot to the new Epic Universe, prompting operational adjustments.
The massive CityPlace complex in West Palm Beach is undergoing a strategic repositioning, attracting high-end fashion brands, tech giants like ServiceNow, and culinary destinations like Eataly to redefine the city's downtown core and capitalize on migration trends.
Elon Musk merges his rocket company with his AI startup, arguing that the future of scalable artificial intelligence depends on moving its immense power demands off-planet.
As investors seek reliable cash flow in a volatile market, a focus on assets with strong distribution histories and growth potential remains key. Here’s a look at three income-generating investments poised for steady returns.
A new Treasury Department assessment paints a picture of an economy entering the new year with sustained momentum, driven by business investment and consumer spending, while key inflation metrics show continued moderation.
The Bureau of Labor Statistics has postponed the release of January's highly anticipated employment data due to a partial federal funding lapse, marking the latest economic disruption from Washington's budget impasse.
Wall Street and the dollar advanced as robust economic indicators and a U.S.-India trade pact overshadowed a continued historic selloff in precious metals. Investors recalibrate around growth optimism and shifting geopolitical winds.
Under new CEO Michael Leiters, Porsche is reportedly considering the cancellation of its long-awaited electric 718 Cayman and Boxster models amid development challenges and strategic cost-cutting measures.
