The Trump administration has issued a broad license allowing U.S. entities to engage in key oil activities in Venezuela, a major sanctions relief step aimed at jumpstarting the nation's crippled energy industry under its new U.S.-backed leadership.
The U.S. dollar extended its weekly decline as fresh geopolitical risks, including new tariff threats over Cuba and potential military action against Iran, dampened appetite for American assets, despite domestic political relief.
Crude oil futures fell sharply on Monday, erasing recent gains tied to Middle East tensions, as the prospect of renewed diplomatic talks between Washington and Tehran eased fears of a major supply disruption.
An examination of price data reveals that tariffs imposed during the previous administration continue to contribute to higher costs for everyday goods, from groceries to home utilities, adding financial pressure on U.S. households.
Following years of turbulence, mortgage rates have stabilised, with major lenders offering sub-4% deals. As the Bank of England signals further rate cuts, we analyse the best fixed and variable options for buyers and remortgagers.
The head of the Minneapolis teachers' union has disclosed that local elected officials are participating in encrypted Signal groups used to organize surveillance and interference with federal immigration enforcement operations, raising questions about the boundaries of political activism.
Regional banks like Fifth Third are betting on a historic profit surge if Kevin Warsh reshapes the Fed. But Wall Street warns his ambitious plan to slash rates and shrink the balance sheet faces fierce internal and political headwinds, threatening market stability.
Following months of escalating tariffs, the U.S. and India have reached a tentative trade agreement. The deal, announced by former President Trump, reportedly includes a commitment from New Delhi to shift its oil imports away from Russia.
Venezuelan oil exports jumped to nearly 800,000 barrels per day in January, rebounding from a low of 498,000 bpd in December, following a U.S. policy shift that allowed key traders to resume shipments, according to tanker tracking data.
A significant tax deduction increase for seniors, set for 2026 under the 'One Big Beautiful Bill Act,' is projected to hasten the depletion of Social Security trust funds by roughly six months, raising urgent questions about the program's long-term solvency.
Chinese regulators have greenlit the first wave of Nvidia's advanced H200 AI chip orders for major firms including Alibaba and ByteDance, marking a potential turning point for the chipmaker's access to a critical market and fueling optimism for its stock trajectory.
Following the release of 5-year-old Liam Conejo Ramos and his father from ICE detention, Texas Representative Joaquin Castro accompanied them home and penned a heartfelt letter, telling Liam he 'moved the world' and highlighting the ongoing debate over U.S. immigration enforcement.
Following a federal judge's order for their release, a father recounts the two-week detention of his five-year-old son by ICE, alleging inadequate medical care and harsh conditions, as the case ignites debate over immigration enforcement practices.
The head of Médecins Sans Frontières warns that Israel's decision to terminate the group's operations in Gaza and the West Bank will deepen the humanitarian crisis, calling it a pretext to restrict vital aid.
Fourth-quarter earnings for S&P 500 companies are significantly outperforming expectations, led by robust growth in industrial and tech sectors, as investors await a busy week of corporate results and key economic data.
Despite OPEC+ maintaining production cuts, crude benchmarks fell sharply on Monday, pulling energy stocks like ConocoPhillips down with them as immediate fears of a supply disruption in the Persian Gulf subsided.
As gold and silver prices swing wildly from record highs to sudden slumps, experts urge caution for individuals looking to cash in. We examine the market forces at play and the crucial considerations before selling your heirlooms or investments.
A 13-year-old boy's extraordinary four-hour swim to shore triggered a successful multi-agency rescue after his mother and two siblings were swept out to sea off Quindalup, with officials hailing the family's collective bravery.
A Connecticut man faces charges after police say he operated a snow plow under the influence of cocaine, leading to a destructive path through residential properties on his very first shift.
With the 2025 tax filing season now open, millions of Americans are looking ahead to their 2026 refunds. We break down how to track your payment, expected wait times, and the potential impact of recent legislation on your bottom line.
