Authored by Tsvetana Paraskova via OilPrice.com, Oil prices dropped by more than 5% on hopes that U.S.–Iran tensions may be easing. President Trump suggested Iran is engaged in serious talks, dampening fears of military escalation. Analysts said broader market weakness and election-year politics added to the downward pressure on crude. Oil prices slumped by 5% […]

First Reuters and Bloomberg last week, and now Bloomberg reports again early Monday that Elon Musk’s SpaceX is in advanced talks to combine with his artificial intelligence firm xAI. The move appears to be a consolidation, positioning Musk’s empire for the “data centers in space” theme as Starship approaches commercialization. The financial media outlet says […]

Authored by T.J. Muscaro via The Epoch Times (emphasis ours), The Federal Aviation Administration (FAA) will allow SpaceX to launch its behemoth Starship from Kennedy Space Center in Florida 44 times per year. SpaceX’s mega rocket Starship is prepared for a test flight from Starbase, Texas, on May 26, 2025. AP Photo/Eric Gay That decision […]

The idea that markets are one of the few functioning checks on Trump rests on a simple premise: The president views index performance as a verdict on his leadership. After the S&P 500 reached 7,000 points for the first time in history on Wednesday, Trump wrote “AMERICA IS BACK!!!” on Truth Social. And when markets […]

A sharp reversal in US natural gas futures was seen early Monday after skyrocketing prices in the second half of January, when dangerously cold air and a major winter storm triggered freeze-offs across critical NatGas infrastructure. The weather-driven supply disruptions coincided with a spike in heating demand, unleashing stress on power grids across much of […]