Business

Oil Surges After Middle East Attacks Disrupt Supplies

Fishermen work in front of oil tankers south of the Strait of Hormuz on Jan. 19, 2012, offshore of the town of Ras Al Khaimah in United Arab Emirates. Kamran Jebreili/AP hide caption toggle caption Kamran Jebreili/AP NEW YORK — Oil prices rose sharply when market trading began Sunday, as U.S.

Germany inflation rises to 2.1% in January 2026

Germany's inflation rate increased to 2.1% in January, confirming preliminary data and showing price pressures have strengthened at the start of the year, particularly with food and services. Consumer prices were up only 0.1% from December, as cheaper energy partly offset higher costs elsewhere, according to the Federal Statistical Office (Destatis).

Paramount to Buy Warner Bros. Discovery in $110 Billion Deal

Warner Bros. Discovery Friday signed a formal agreement to be acquired by Paramount, the two companies said Friday. Paramount's bid, that stands at more than $110 billion (€93 billion), comes after Netflix dropped out of its bidding warfor the storied Hollywood studio.

EU to provisionally apply disputed Mercosur trade pact

The European Commission will "proceed with [the] provisional application" of the Mercosur trade deal with Argentina, Brazil, Paraguay and Uruguay, European Commission President Ursula von der Leyen announced on Friday. Von der Leyen's announcement came after Uruguay and Argentina ratified the agreement on Thursday, paving the way for its provisional application.

Has Trump Lost His Most Powerful Tariff Tool?

Even by Donald Trump's standards, 2026 has been unusually frenetic. From the ousting of Venezuela's Nicolas Maduro, to his threats to annex Greenland, to his repeated vows to use military action against Iran, a lot has been happening. Yet amid all these geopolitical upheavals, one key tool has pretty much defined both of Trump's presidencies: tariffs.

EU demands US honor July trade deal

The European Commission on Sunday demanded that the United States respect the terms of a trade deal reached last July. The call from Brussels comes after US President Donald Trump said he was raising a global 10% tariff to 15% in response to the US Supreme Court blocking many of his emergency tariffs.

After Court Blocks Trump Tariffs, What's Next?

In a political setback for President Donald Trump, the US Supreme Court has struck down most of his tariffs put in place over the last 13 months, ruling that they are unconstitutional.

Coal's Mercury Fallout and Human Health

A potent neurotoxin capable of causing lifelong damage to the lungs, brain, skin and other organs, mercury is strictly regulated worldwide. Children, in particular, can suffer severe developmental impairment when exposed.

Ellisons' Paramount-Warner Bid: Power, Data, Politics

Paramount CEO David Ellison arrives with Sen. Lindsey Graham, R-S.C., before President Donald Trump delivers the State of the Union in the House chamber at the U.S. Capitol in Washington, Tuesday, Feb. 24, 2026. Mark Schiefelbein/AP/AP hide caption toggle caption Mark Schiefelbein/AP/AP Warner Bros.

How Clean Energy Shapes Economic Outcomes

During a trip to Europe last week, the Donald Trump-appointed US Energy Secretary, Chris Wright, called on the International Energy Agency (IEA) to pivot from clean energy to fossil fuels.

Central European Dispute Over Druzhba Oil Pipeline

Hungary, Slovakia and Ukraine are in the midst of an spat over a key pipeline that supplies Russian crude to Central Europe. Shipments through the Druzhba pipeline have stalled since the end of January. While Ukraine blames a Russian drone strike for the disruption, Hungary and Slovakia slam Kyiv for the prolonged outage.