Business

Latest stories in this section, ordered by the original publication time from each source.

FOX

Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions

Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.

NYT

Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle

Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.

GDN

Riding the D in Los Angeles: city famous for traffic hopes new subway stations will be a ‘game changer’

Transit advocates laud first stations to open in city in more than 25 years, with World Cup and Olympics coming to town The roughly 12-mile (19km) drive along Wilshire Boulevard from Los Angeles’s downtown core to its Westside region can be a soul-crushing experience. The road is among the busiest i...

NYT

RFK Jr. Is Driving a Vast Inquiry Into Vaccines, Despite His Public Silence

Health Secretary Robert F. Kennedy Jr. has toned down his public criticism of vaccines, under orders from the White House. But inside his department, a sprawling research effort is a top priority.

FOX

GOP senator introduces bill to suspend gas tax after Trump endorses plan

Sen. Josh Hawley, R-Mo., is introducing a bill to temporarily pause the federal gas tax, his office told Fox News on Monday.

FOX

Texas sues Netflix, alleges platform spied on kids and collected data

Texas Attorney General Ken Paxton filed a lawsuit against Netflix, accusing the streaming giant of misleading consumers about its data collection practices and addictive platform.

NYT

Trump Proposes Suspending Federal Gas Tax Until Prices Fall

Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.

NYT

How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil

As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.

NYT

Kennedy Is Driving a Vast Inquiry Into Vaccines, Despite His Public Silence

Health Secretary Robert F. Kennedy Jr. has toned down his public criticism of vaccines, under orders from the White House. But inside his department, a sprawling research effort is a top priority.

FOX

Walgreens to close Chicago store after losing over $1M due to rampant theft, falling sales

Walgreens announced plans to close a Chicago South Side store next month, citing elevated theft levels and declining prescription sales as key factors.

NYT

Kennedy Is Driving a Vast Inquiry Into Vaccines, Despite His New Silence on the Issue

Health Secretary Robert F. Kennedy Jr. has toned down his public criticism of vaccines, under orders from the White House. But inside his department, a sprawling research effort is a top priority.

NYT

Kennedy Is Driving a Vast Inquiry Into Vaccines, Despite His New Silence on the Issue

Health Secretary Robert F. Kennedy Jr. has toned down his public criticism of vaccines, under orders from the White House. But inside his department, a sprawling research effort is a top priority.

GDN

The Guardian view on World Cup ticket prices: $33,000? You’re having a laugh … | Editorial

Fifa’s embrace of dynamic pricing and resale markets has led to sky-high costs and a speculative free-for-all, betraying the spirit of the beautiful gameIn What Money Can’t Buy, his 2012 critique of a world where everything is for sale, Michael Sandel laments what he calls “the skyboxification of Am...

FOX

Pet food sold nationwide recalled over potential salmonella risk

Albright's Raw Pet Food of Fort Wayne, Indiana, is recalling its Chicken Recipe for Dogs Complete and Balanced due to the risk of salmonella contamination.

FOX

Pet food sold nationwide recalled over salmonella risk

Albright's Raw Pet Food of Fort Wayne, Indiana, is recalling its Chicken Recipe for Dogs Complete and Balanced due to the risk of salmonella contamination.

BBC

Oil price predicted to remain above $100 for rest of year

Investment bank JP Morgan expects oil to remain in the "low $100s" even if the Strait of Hormuz were to reopen next month.

FOX

Gordon Chang warns Chinese EVs entering US via Canada could become ‘rolling spy machines’

Gordon Chang calls Chinese EVs "rolling spy machines," warning Canada's lower tariffs could let surveillance vehicles reach the United States border.

GDN

British Steel: more questions than answers on the future | Nils Pratley

Hard decisions over a possible sale and future subsidies loom now full nationalisation is on the cardsFull nationalisation of British Steel expected in king’s speech“One of the proudest things we have done in government,” said Keir Starmer in Monday’s big speech about the decision a year ago to reca...

NYT

First-Time Home Buyers Are Staying on the Sidelines as Costs Rise

The effects of the war in Iran have raised mortgage rates and lowered consumer confidence, making it even harder for house hunters.

BBC

TikTok launches £3.99 subscription for no ads in UK

Those who don't subscribe will be able to use the platform for free - but be shown personalised ads by default.

GDN

UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – as it happened

Yields on 10- and 30-year British government bonds have risen today, as investors digest possibility of leadership challengeUK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’Starmer faces fight to survive as Streeting and Rayner eye leadership bidsGovernment bond yields are...

SKY

Cut employee national insurance to win back voters, Labour report says

Radical economic reforms such as cutting national insurance and overhauling capital gains tax are Labour's only ways of winning back voters they have lost to Reform and the Greens, a report will warn.

GDN

UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – business live

Yields on 10- and 30-year British government bonds have risen today, as investors digest possibility of leadership challengeUK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’Starmer faces fight to survive as Streeting and Rayner eye leadership bidsGovernment bond yields are...

BBC

Ovo energy customers urged not to panic as takeover planned

All existing tariffs will be honoured in full under a planned deal that could create one of Britain's largest energy suppliers.