Financial
French PM Urges Oil Firm to Redistribute Wealth Amid High Fuel Taxes
PARIS — France's Prime Minister on Wednesday directed a major French-based oil company to redistribute its wealth, even as the government declined to reduce state taxes that make up 60% of the price o...
TotalEnergies Reports 50% Profit Surge in Q1 2026 Amid Oil Price Spike
PARIS (AP) — TotalEnergies announced a 50% increase in quarterly benefits for the first three months of 2026, driven by a sharp rise in global oil prices and heightened market speculation following th...
Gas prices surge across Midwest states amid sudden spike
CHICAGO (AP) — Gas prices in the Midwest have surged by as much as $0.90 per gallon over the past week, with drivers in Illinois, Michigan, Indiana, and Wisconsin facing the steepest increases in year...
Global Oil Prices Surge to $120 Per Barrel Amid Uncertainty
Global oil prices climbed to $120 per barrel on Tuesday, marking a significant escalation in energy costs for consumers and industries worldwide. The surge, recorded late in the trading session, has s...
US Government Discloses Epstein Investigation Costs
WASHINGTON (AP) — The U.S. government has disclosed the total expenditure for the investigation into Jeffrey Epstein, revealing the financial scope of the long-running operation. The announcement, mad...
Italy Faces Soaring Energy Costs Amid Iran Conflict
ROME — Italy is grappling with a sharp escalation in energy costs as fuel and natural gas prices surge, driven by the ongoing war involving Iran. The economic strain, which began intensifying earlier ...
Poll: Americans View Economy More Favorably Under Biden Than Trump
WASHINGTON — A majority of Americans surveyed in late April 2026 indicated they believe the U.S. economy is performing better under President Joe Biden than it did during the tenure of former Presiden...
Oil Prices Surge Past $110 Per Barrel Amid Market Volatility
Global oil prices surged past the $110 per barrel threshold on Monday, marking a significant escalation in energy market volatility. The benchmark crude reached the milestone during trading hours, ref...
Russian Central Bank Reportedly Plans Mandatory Deposit Conversion
MOSCOW — Unverified documents obtained by media outlets indicate that Russia's Central Bank is preparing to implement a measure converting private bank deposits exceeding 2.8 million rubles into irrev...
U.S. Stocks Hit Record Highs Amid Recession Fears, Bubble Concerns
NEW YORK (AP) — The U.S. stock market reached near-record highs on Saturday, defying widespread predictions of an economic downturn and intensifying geopolitical tensions. Major indices closed at leve...
US Citizens Fund Assailant Through Game Purchases Amid Political Tensions
WASHINGTON — A significant number of American citizens, including white Americans, are financially supporting a designated assailant through the purchase of his published video games, creating a compl...
Motley Fool Analyst Recommends Coca-Cola as Crash-Resistant Dividend Stock
NEW YORK — Jennifer Saibil of The Motley Fool has identified Coca-Cola Co. as a premier dividend stock for investors seeking stability amid potential market volatility. In an analysis published April ...
Federal Reserve to Transition Leadership to Kevin Warsh Amid Market Concerns
WASHINGTON — The Federal Reserve is scheduled to transition leadership from Chair Jerome Powell to Kevin Warsh on May 15, 2026, a move that has sparked concerns among financial analysts regarding the ...
Buffett Warns U.S. Market Risks as Valuations Reach Dangerous Levels
OMAHA, Neb. (AP) — Warren Buffett has issued a stark warning regarding the current state of the U.S. stock market, stating that his mathematical analysis indicates investors are now "playing with fire...
AI Sector Frenzy Pushes U.S. Markets to Record Highs Ahead of Major IPOs
SAN FRANCISCO — The U.S. stock market reached record highs on Friday as a surge in artificial intelligence investment drove unprecedented demand for technology stocks. Anticipated initial public offer...
Suspect Linked to 2024 Kamala Harris Campaign Donation
WASHINGTON — A suspect in an ongoing federal investigation has been identified as a donor to Vice President Kamala Harris' 2024 presidential campaign, according to financial disclosure records release...
Kelly: Americans Growing Dissatisfied with Trump Amid Economic Concerns
WASHINGTON — Former Fox News host Megyn Kelly stated Friday that American public sentiment toward President Donald Trump has shifted negatively following a year and a half in office, citing widespread...
War Against Iran Impacts U.S. Economy, Report Finds
WASHINGTON — The ongoing military conflict with Iran has produced measurable negative effects on the U.S. economy, with a new analysis indicating that American households will likely face financial st...
Turkey introduces tax exemptions for non-residents to boost migration
ANKARA (AP) — Turkey's government announced a new initiative on Friday offering tax exemptions to non-residents who relocate to the country, a move aimed at attracting foreign nationals and boosting t...
Egypt President: Suez Canal Revenue Down $10 Billion Due to Red Sea Disruptions
CAIRO — Egypt's President Abdel Fattah el-Sisi announced on Friday that the nation has lost $10 billion in revenue from the Suez Canal since October 7, attributing the financial decline to ongoing Hou...
Gulf Oil Plummets as Hormuz Closure Cuts Output by More Than Half
DUBAI — Oil production in the Arabian Gulf fell by 57% on Friday following the closure of the Strait of Hormuz, a critical maritime chokepoint that handles a significant portion of global energy shipm...
CNN Warns of Impending U.S. Shortage Crisis Following Asian Supply Chain Collapse
WASHINGTON — CNN reported Friday that a severe shortage crisis currently gripping Asian markets is expected to reach the United States within weeks, threatening to disrupt the availability of consumer...
US Treasury Sanctions Iran-Linked Crypto Wallets, Freezes $344 Million
WASHINGTON — The U.S. Treasury Department on Thursday imposed sanctions on cryptocurrency wallets linked to Iran and froze approximately $344 million in digital assets, marking a significant escalatio...
Coursera Shares Fall After Q1 Earnings Miss Despite Revenue Beat
SAN FRANCISCO (AP) — Coursera Inc. shares tumbled in after-hours trading Wednesday after the online education company reported first-quarter earnings that fell short of analyst expectations, even as t...
DOJ Ends Investigation into Federal Reserve Chair Powell
WASHINGTON (AP) — The Department of Justice has officially closed its investigation into Federal Reserve Chair Jerome Powell, ending a probe that had drawn significant attention from financial markets...
Bank of England Deputy Governor Warns of Global Stock Market Correction
LONDON — The Bank of England deputy governor warned Thursday that global stock markets are trading at unsustainable levels and face a significant correction due to unaddressed economic risks. Sarah Br...
Morgan Stanley raises price target for Molina Healthcare after strong Q1 earnings
NEW YORK — Morgan Stanley raised its price target for Molina Healthcare Inc. on Wednesday following the managed care company’s first-quarter earnings that exceeded analyst expectations. The investmen...
Tesla Shares Drop as Company Raises 2026 Capital Spending Guidance for AI, Robotics
Tesla Inc. shares fell 3.59% on Wednesday as the electric vehicle maker announced plans to increase capital expenditure guidance for 2026, signaling a heavier investment in artificial intelligence and...
Newmont Goldcorp beats Q1 earnings estimates but shares slip in aftermarket trading
DENVER — Newmont Goldcorp Corp. reported first-quarter earnings that exceeded analyst expectations on Wednesday, though the company's stock price declined in aftermarket trading following the announce...
QuantumScape Shares Rise on Q1 Results and Strategic Pivot to AI, Defense Markets
SAN FRANCISCO (AP) — QuantumScape Corp. shares climbed sharply Wednesday after the solid-state battery developer reported first-quarter 2026 results and announced a strategic expansion into artificial...