Associated Press Brent crude, the international standard, fell 2.1% to $90.78 a barrel.
Shipowners grew more optimistic this week as more vessels transited the Strait of Hormuz, with U.S. forces providing navigation advice. More transits could lift flows of oil, gas and goods, though ...
Congress returns to Capitol Hill on June 1 after the Memorial Day recess to re-engage in midterm election politics driven by partisan affordability messages.
Lawmakers are weighing legislation that would ban carmakers with ties to foreign adversaries, a measure that threatens to upend Mercedes-Benz's U.S. business.
Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs.
Roughly one-quarter of the large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have managed to slip out in a slow, stealthy trickle. Twenty-nine of the 109 bigger vessels ...
Ford’s newfound status as a possible beneficiary of the artificial intelligence boom sparked an investor frenzy, with its stock surging more than 40% in May.
Toyota’s decision underscores how major automakers are recalibrating their electrification goals as demand growth slows and government incentives become less certain.
Chevron CEO Mike Wirth said multiple ships have been attacked in recent days, showing the threat to vessels in the Strait of Hormuz remains “very real” despite potential peace talks. Even if a ...
The shortfall in goods trade shrank 3.4% from the prior month to $82.4 billion, Commerce Department data showed May 29.
Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
Costco posted higher-than-expected fiscal third-quarter profit, with adjusted earnings of $4.93 a share for the period that ended May 10. Store visits and spending per trip rose and renewal rate hit ...