Once in a while a single line on a screen stops being “just another data point” and turns into a gut check. For me, that happened when I read on CNBC that the spot price for current physical cargoes of Brent crude surged to $141.36 on Thursday, the highest level since the 2008 financial crisis.
Tesla(TSLA) is back in business after a brutal few quarters. It’s at the top of the global battery-electric vehicle market, and the timing could not be more important. The EV maker said it delivered 358,023 vehicles in the first quarter, ample growth to move past BYD’s 310,389 battery-electric sales and reclaim the global BEV crown.
I’ve covered plenty of geopolitical flare-ups where markets pretended not to care. This one felt different the moment I saw a single line flash across my feed: President Donald Trump says he can “get a deal” with Iran by Monday, April 6. That quote came from a post by prediction market platform Kalshi, which blasted
Flying is becoming more expensive day by day, and this time, travelers are feeling the impact right at check-in. Rising fuel costs are forcing airlines to make tough decisions, and United Airlines (UAL) is the latest to act. The 95-year-old Chicago-based carrier has increased its checked bag fees, signaling broader pricing pressure across the sector.
Smart money is getting a lot more cautious on the stock market’s finest. According to TipRanks, Goldman Sachs said that hedge funds sold off stocks in March at the fastest pace in 13 years, a rare shift pointing to growing anxiety across markets. The change hit high-profile names, including Nvidia (NVDA), Tesla (TSLA), and Palantir
Sometimes a Wall Street forecast is just noise. Sometimes it hits you like a price at the gas station that makes you blink and check the sign twice. JPMorgan is now warning that Brent crude could “overshoot toward $150 per barrel” if the Iran war keeps the Strait of Hormuz effectively shut into mid‑May, turning
For Boeing, the current timing is painful. The plane maker is finally starting to put together something that is missing for a while now, momentum. Korean Air said on March 26 that it plans to buy 103 Boeing aircraft through 2039 in a deal valued at about $36.2 billion based on Boeing’s 2025 list prices.
With the price of oil and ready-to-use jet fuel up by more than 85% and showing no signs of coming down as the war in Iran continues, airlines are among the first to feel the blow to their cost of operations. JetBlue Airways was the first major U.S. carrier to raise the cost of checked bags on
If you prefer to bank in person, your days of speaking to a banker face-to-face might be numbered. American banks are on a merger spree, and that could spell bad news for customers who prefer to talk to a person when they deposit a check. That’s because when banks consolidate, bank branches are often shut
With oil prices surging past $100 per barrel and the Strait of Hormuz effectively closed, the Trump administration reached for an unusual lever. It decided to use Iran’s own oil against it. Treasury Secretary Scott Bessent told Fox Business Network’s “Mornings with Maria” that the U.S. was preparing to lift sanctions on approximately 140 million