Business

U.S. Trade Deficit Dips in June as Imports Fall Back

Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.

US Trade Deficit Narrows to $73.3 Billion as Imports Fall in June

The US trade deficit narrowed in June as imports fell for the first time since the start of the year. The gap in goods and services trade shrank 5.6% from the prior month to $73.3 billion, while the value of imports declined 1.8% while…

Caterpillar lifts 2026 sales growth forecast as AI buildout powers on; shares surge 12%

Caterpillar lifts 2026 sales growth forecast as AI buildout powers on

Can your tax preparer use AI without telling you? Some experts say IRS rules aren't clear

A debate is brewing among tax practitioners regarding whether using AI to prepare tax returns should require a disclosure to clients.

Clean Arctic volunteers fly to Cape Chelyuskin to prepare center for coming expeditions

The volunteers need to start the diesel engine, wastewater treatment facilities and make sure heating reaches the buildings

Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent

Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday

Refiners Can’t Deliver Gas Price Relief Trump Wants, Says Stephen Schork

Stephen Schork, principal and editor at The Schork Group, says refiners have virtually no ability to increase capacity and deliver more gasoline and diesel products and lower costs for consumers. President Donald Trump scolded ExxonMobil…

India Expands LIC Share Sale to $3.3 Billion on Strong Demand

India on Tuesday expanded the size of its share sale in state-run insurance giant to raise $3.3 billion after the base offer was oversubscribed, bolstering public finances amid challenges posed by high oil prices.

Campaigners denied appeal over Gatwick expansion

An application to stop the two-runway operation is rejected, with judges calling it "unarguable".

Guyana Ring-Fencing Gap: Critics Say Exxon Deal Costs Billions

Energy: Guyana Key Facts —Issue. Critics argue Guyana’s ExxonMobil-operated Stabroek Block production sharing agreement lacks a “ring-fencing” clause, letting costs from new developments be recovered against the earnings of producing…

South Africa: Eskom Reports 441 Days Without Load Shedding

[SAnews.gov.za] South Africa has reached 441 consecutive days without load shedding, as Eskom reports continued improvements in generation performance, reduced reliance on diesel and lower levels of unplanned outages.