Venezuela Oil Crisis

Business

Liberty Energy Navigates Market Turbulence, Bets Big on Power Infrastructure Expansion

Despite a challenging year marked by oil price volatility and softer demand for completion services, Liberty Energy (LBRT) closed 2025 with a resilient Q4 performance. The company is aggressively scaling its distributed power solutions business, targeting 3 GW of projects by 2029, even as it manages pricing pressures in its core fracking operations.

Jan 30, 2026

Business

Cardinal Energy's C$95M Equity Raise Fuels Thermal Ambitions, Tests Investor Patience

Cardinal Energy Ltd. has upsized its equity offering to C$95.15 million, with proceeds aimed at debt repayment and accelerating its thermal oil projects, including the Reford 2 SAGD development. The move highlights the company's strategic pivot but raises questions about dividend sustainability and shareholder dilution in a capital-intensive sector.

Jan 30, 2026

Business

Asian Markets Retreat as Wall Street's Wild Ride Casts a Shadow

Asian equities broadly declined on Friday, taking cues from a volatile U.S. session marked by a historic plunge in Microsoft shares. The sell-off extended to commodities, with oil and precious metals also losing ground.

Jan 30, 2026

US

Federal Judge Halts Termination of Haitian TPS, Sparing 350,000 from Deportation

A federal judge has indefinitely blocked the Trump administration's plan to end Temporary Protected Status for Haitians, delivering a reprieve to hundreds of thousands of immigrants and sharply criticizing the decision as 'arbitrary' and potentially racially motivated.

Feb 3, 2026

World

On the Brink: UK Zoos Grapple with Survival as Financial Pressures Mount

Exclusive BBC analysis reveals nearly half of accredited zoos and aquariums in the UK and Ireland have sounded financial alarms since 2022, forcing tough choices between conservation missions and economic reality.

Feb 3, 2026

Business

Musk Merges SpaceX and xAI, Creating a Colossus Poised to Power AI from Orbit

Elon Musk consolidates his space and artificial intelligence ventures, with SpaceX acquiring xAI to form a private sector titan valued over a trillion dollars, aiming to solve AI's energy crisis by moving compute to space.

Feb 2, 2026

Business

Mortgage Delinquencies Surge as Hidden Costs and Economic Pressures Squeeze Homeowners

A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.

Feb 2, 2026

Business

California Lawmakers Push to Expand FAIR Plan Beyond Fire Coverage, Aiming for 'One-Policy' Solution

A new legislative effort seeks to transform California's insurer of last resort into a comprehensive provider, potentially ending the need for hundreds of thousands of homeowners to juggle multiple policies amid the state's ongoing insurance crisis.

Feb 2, 2026

World

U.S. Intensifies Counterterrorism Campaign in Somalia Amid Growing ISIS Threat to Homeland

The United States has dramatically escalated airstrikes in Somalia, conducting over 150 missions since 2025, as military officials warn of a direct threat from ISIS-affiliated groups plotting attacks against American soil.

Feb 2, 2026

US

Pennsylvania Woman Charged with Arson After Allegedly Setting Duplex Ablaze Following Breakup

A 25-year-old Johnstown woman faces 18 felony counts, including arson endangering lives, after investigators say she intentionally set a duplex fire that forced residents to leap from second-story windows to escape.

Feb 2, 2026

Business

Disney Poised to Elevate Parks Chief Josh D’Amaro to CEO, Succeeding Bob Iger

Sources indicate Disney's board is finalizing plans to appoint theme parks chairman Josh D’Amaro as the company's next chief executive, concluding a lengthy succession search. The move would place the profitable parks division veteran at the helm of the global entertainment giant.

Feb 2, 2026

World

Moscow Warns Western Troops in Ukraine Would Be 'Legitimate Targets'

Russia's Foreign Ministry issued a stark warning on Monday, stating any deployment of foreign military forces or infrastructure in Ukraine would be considered an intervention, making those forces lawful targets for Russian strikes.

Feb 2, 2026

Trump Unveils $12 Billion 'Project Vault' to Secure Critical Minerals, Counter China's Supply Chain Stranglehold

The White House announces a major public-private initiative to stockpile rare earths and critical minerals, aiming to insulate U.S. defense and tech sectors from foreign supply shocks and geopolitical leverage.

Feb 2, 2026

Business

Trump's 'Great' Dollar Comment Fuels Investor Bets on Currency Weakness

Former President Donald Trump's recent endorsement of a weaker U.S. dollar is prompting investors to position for potential policy shifts. We examine the market implications and three investment avenues gaining traction.

Feb 2, 2026

World

Exclusive: Iran's Leadership Fears U.S. Military Action Could Spark Uncontrollable Uprising, Sources Reveal

Senior Iranian officials have privately warned Supreme Leader Khamenei that public fury over a recent bloody crackdown has eroded the 'wall of fear,' raising concerns that even a limited U.S. strike could embolden protesters and threaten the regime's stability, according to multiple sources familiar with high-level discussions.

Feb 2, 2026

World

IMF Sounds Alarm on Bahrain's Fiscal Trajectory, Urges Swift Action to Curb Soaring Debt

The International Monetary Fund has issued a stark warning to Bahrain, stating the kingdom must urgently implement further fiscal reforms as its budget deficit hits 11% of GDP and public debt climbs to 134% of economic output.

Feb 2, 2026

Business

Gold Rush or Rush to Regret? Navigating the Precious Metals Rollercoaster

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.

Feb 2, 2026

Business

BitMine Doubles Down on Ethereum Bet Amid $6B Paper Loss, Citing Strong Blockchain Fundamentals

Despite crypto market turmoil and mounting unrealized losses, BitMine Immersion Technologies made its largest weekly Ethereum purchase of the year, as Chairman Tom Lee points to a divergence between price action and robust on-chain activity.

Feb 2, 2026

Business

Geopolitical Tremors Eclipse Fundamentals as Dominant Market Force in 2026

A volatile January has underscored a stark shift for investors: political shocks emanating from Washington now pose a greater threat to portfolios than traditional economic or earnings concerns, reshaping risk calculus across global markets.

Feb 2, 2026

Business

Coterra and Devon Seal $58 Billion Merger, Forging a U.S. Shale Powerhouse

The all-stock deal creates one of the nation's largest independent oil and gas producers, headquartered in Houston, with combined assets poised to reshape the competitive landscape of the shale sector.

Feb 2, 2026