Category: 6. Business

HOUSTON, March 13 (Reuters) – Fuel costs in California are soaring even more than in the rest of the U.S. due to several unique factors, with fallout from the war in Iran forecast to push pump prices in the state to $10 a gallon and jet fuel…

The conflict in the Middle East, disruption to global shipping routes and rising oil prices are beginning to have knock-on effects on supply chains and energy markets around the world.

Petrol prices have begun to rise, while turbulence in…

We have been forecasting two rate cuts for September and December, but as the market has already done, we acknowledge the risk is that they are delayed into next year. While the Fed has a dual mandate of price stability and maximising employment,…

Rivian shares drop 2% as vehicle announcement fails to excite investors

The price of jet fuel has doubled since the Iran war began two weeks ago, as disruptions in vital shipping lanes limit the global trade of crude and refined oil. The airlines that run on it are racing to keep up. Jet fuel alone accounts for…

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Elon Musk has ordered another round of job cuts at xAI after growing frustrated with the poor performance of its coding…

Headline housing…