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BUSINESS19h agoConsumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per householdRising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings.CNBC
BUSINESS23h agoTesla revives China discounts; Iran war drives shift to electric cars: 7 EV readsWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Market squeeze: Tesla revives China price cuts to stem slumping deliveries Tesla China has launched discounts on its Shanghai-made cars for the first time since the end of 2024, responding to falling deliveries in the world’s largest market for electric vehicles (EVs). 2. ‘Key pillar’:...South China Morning Post
BUSINESS1d agoThe Iran war raised prices, now the US-Canada dispute adds pressure to small businessesEl conflicto comercial entre Estados Unidos y Canadá impacta severamente a pequeñas empresas, con aranceles que afectan ventas y costos operativos.Empresas de ambos lados de la frontera sufren por el aumento de precios y restricciones, complicando su viabilidad en el mercado internacional.Clarín
BUSINESS1d agoIran war likely to drive up inflation next year, CBO saysThe Hill
BUSINESS1d agoIran war driving up inflation for Americans, CBO report saysThe Congressional Budget Office estimates inflation will continue to rise in the first quarter of next year.NBC News
BUSINESS2d agoHuawei’s US trial puts jury to the test amid China, Iran linksThe unique circumstances surrounding Huawei Technologies’ landmark trial in a US court made jury selection especially important to ensuring a fair trial for the Chinese tech giant, according to US litigation experts. Known as voir dire, the process allows the presiding judge and two legal teams to question prospective jurors before the trial begins to identify possible bias and conflicts that could impede their ability to adjudicate the case in a “fair and impartial” way. Richard Gabriel,...South China Morning Post
BUSINESS2d agoOil prices stay above $100 as Iran and Oman delay Strait of Hormuz talksThe Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.CBS News
BUSINESS2d agoOil prices rise after Gulf states postpone talks with IranHouthis launch new attack on Saudi ArabiaIrish Times World
BUSINESS2d agoEtihad Airways sees strong demand, higher passenger capacity despite Iran war, CEO saysYahoo Finance
BUSINESS2d agoCan Iran replace sea trade with land routes?Iran is shifting trade toward northern ports and land routes as its southern shipping faces a US blockade. Analysts say the corridors can keep essential goods moving, but cannot replace maritime trade.DW News [en]