U.S. Economy
What now for peak oil? Unpacking a surprise twist in the fossil fuel feud
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images The International Energy Agency’s latest outlook signals that oil demand could keep growing through to the middle of the century, reflecting […]
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U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and El Salvador under framework agreements that will give U.S. firms greater access to those markets. The agreements are expected to help lower prices for coffee, bananas and other foodstuffs, a senior Trump administration official told […]
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Howard Marks highlights credit ‘carelessness’ but says issues are not systemic
Howard Marks, co-founder of Oaktree Capital Group, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 21, 2025. Bloomberg | Bloomberg | Getty Images Veteran investor Howard Marks has warned that cracks unearthed in the credit market demonstrate investor “complacency” and “carelessness” — but stopped short of calling the turmoil a broader […]
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‘Godfathers of wind’ raise alarm as Trump urges countries to abandon climate fight
US President Donald Trump (L), backdropped by Turbines at the European Offshore Wind Deployment Centre, also known as the Aberdeen Bay Wind Farm, walks on the first fairway after playing off the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Brendan Smialowski […]
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Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase
Chinese President Xi Jinping meets with U.S. President Donald Trump in Busan, South Korea, Oct. 30, 2025. (Photo by Huang Jingwen/Xinhua via Getty Images) Huang Jingwen | Xinhua News Agency | Getty Images Even as a U.S.–China trade truce appears to be holding, analysts caution that the détente remains fragile in a rivalry increasingly defined […]
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How the explosives shortage could make everyday items even more expensive
The United States is facing a shortage of TNT, a high explosive that is essential to the manufacturing of commercial explosives products, like cast boosters, which are commonly used in the mining and construction industries, according to the Institute of Makers of Explosives, or IME. “Everything from your cellphone to your laptop to the roads […]
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The Trump administration wants to allow crypto-backed mortgages. Here’s why
It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis. Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and […]
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COP30 gets underway in Brazil — and a Trump-shaped hole is hanging over the climate summit
The COP30 logo is seen in front of the central building ahead of the COP30 Brazil Amazonia 2025 on November 3, 2025 in Belem, Brazil. Wagner Meier | Getty Images News | Getty Images U.N. climate talks get underway in Brazil on Monday, with delegations from almost every country set to convene on the outskirts […]
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How Chinese EV makers are winning in Brazil
On the streets of Rio de Janeiro, it’s not hard to spot the latest sign of China’s growing global auto ambitions. Electric vehicles from Chinese brands like BYD and Great Wall Motor have been flowing in. “There are a lot of Chinese cars on the streets,” said EV owner Sérgio Ramalho. Brazil has become the […]
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The global critical minerals race is heating up — and rare earths stocks are skyrocketing
A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Steve Marcus | Reuters The emergence of critical minerals as a new arena of geopolitical competition has coincided with a dizzying rally in U.S.-listed rare earths mining stocks. Despite paring gains in […]
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