Business

Business
Business

What happens to oil prices if bombs and bullets fly in Iran

President Trump spent the weekend howling about the Supreme Court’s decision on last year’s tariff plan. At the same time, he announced two tariff increases. And one can expect he will spend much of his State of the Union address this week with more complaints about the Supreme Court and vows to keep boosting tariffs.

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Business

Nvidia buys $3 billion in under-the-radar tech stocks, exits Arm

Nvidia is not only a leading artificial intelligence chipmaker. It’s also a tech investor whose holdings are closely watched by the market, as Wall Street often views its backing as a vote of confidence in a company’s growth prospects. For example, Nvidia (NVDA) first bought shares in CoreWeave (CRWV) in early 2025, shortly before CoreWeave’s

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Business

Shein invests $42 million as Amazon’s growth raises the stakes

For more than two decades, Amazon has been at the center of the online shopping evolution, making it possible for consumers to purchase nearly any product and receive it at their doorstep within days or even hours. But competition has intensified. Since entering the global market in 2015, Shein has rapidly gained popularity by offering

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Business

Another country is scrapping all visas for travelers

Bordered by Türkiye to the east and Iran to the south, Armenia is often described as sitting at the crossroads of Eastern Europe and Western Asia due to its location in the South Caucasus. While the country has everything from “pink city” buildings made of natural volcanic tuff stone to the majestic Mount Ararat and

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Business

New Frontier Airlines CEO calls bankruptcy rumors ‘categorically untrue’

Between rising operating costs and increased competition in not just large but increasingly regional markets, the past model of luring travelers in with rock-bottom fares and making up for the difference with fees for features like baggage and seat selection has stopped being profitable for most low-cost airlines. As the pressure of two bankruptcies filed

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Business

After bankruptcy, iconic seafood chain closing more restaurants

After filing for bankruptcy, closing dozens of locations, and facing mounting losses, a once-iconic seafood chain is now considering further restaurant shutdowns to stabilize its business and return to growth. For many customers, the chain’s financial troubles signaled the potential end of an era, taking along with it its Cheddar Bay Biscuits and the popular

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Business

Luxury giant to close more than 200 stores after sales drop

Luxury fashion may portray an image of glamor and exclusivity, but not all that glitters is gold. Behind the more than five-figure price tags and highly coveted brand names, the industry has struggled with declining sales and cautious consumer spending amid ongoing economic uncertainty. Founded in 1963, Kering is the French multinational luxury goods group

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Business

Prominent Miami resort files for Chapter 11 bankruptcy

In a market driven by strong traveler numbers but also considerable competition, hotels without the resources of a large chain often find themselves in a financial situation that forces them to file for bankruptcy protection. The abrupt collapse of the company behind hotels such as The Tuscany and Hotel 27 in New York City left

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Business

McDonald’s unveils 2026 menu as sales rebound

Some may call McDonald’s cheap fast food, but one area the company has not skimped on is innovation. Over the past year, McDonald’s has introduced several new offerings and brought back fan favorites, including the Grinch Meal and Buffalo Ranch, as well as the return of the Snack Wrap and Changeables Happy Meal. The launches

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Business

84-year-old Dividend King tops $1 trillion valuation milestone

Walmartrecently crossed the $1 trillion market cap threshold and is now up an impressive 510% over the past decade. If we adjust for dividend reinvestments, cumulative returns for the Dow Jones 30 member is closer to 630%, since February 2016, according to data from Y-charts. It’s a remarkable milestone for an 84-year-old company that started

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