Oil prices rose about 4% on Wednesday, after Vice President JD Vance said Iran did not address U.S. red lines in nuclear talks this week and President Donald Trump reserves the right to use military force. U.S. crude oil rose $2.65, or 4.25%, to $64.98 per barrel by 12:20 p.m.Read More →
USA Rare Earth shares rallied Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would provide USA Rare Earth with a $1.3 billion loan and $277 million in federal funding. USA Rare Earth willRead More →
Power generating wind turbines tower over the rural landscape on July 5, 2025 near Pomeroy, Iowa. Scott Olson | Getty Images A federal judge on Monday struck down President Donald Trump’s sweeping ban on new wind power projects in the U.S., a major victory for an industry that has beenRead More →
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images President Donald Trump said Monday that gold will not face tariffs, knocking down a ruling by U.S. customs officials that bars of theRead More →
Chevron on Friday reported second-quarter earnings that beat Wall Street estimates, though profits took a big hit compared to the prior year due to lower crude prices. The oil major’s net income declined about 44% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, inRead More →
