A group of 22 Democratic state attorneys general has voiced opposition to a Trump administration proposal to impose tariffs on 59 countries and the European Union. The AGs argue the plan, officially aimed at curbing forced labor, is an unlawful pretext to reinstate tariffs previously struck down by the Supreme Court.
The International Energy Agency (IEA) has forecast a 0.5% drop in global natural gas consumption for 2026, citing higher prices and supply disruptions. This would mark the third annual decline in gas demand this decade.
Shares of defense technology firm AeroVironment rose significantly after the company released an optimistic long-term financial forecast ahead of its investor day. The outlook includes plans to nearly double revenue by 2030 through organic growth.
Investment firm Evercore ISI has upgraded Occidental Petroleum to "Outperform" from "Underperform," raising its price target based on the company's improved financial health and cash flow potential.
Gold prices showed mixed results on Monday as investors balanced expectations that the Federal Reserve might hold interest rates steady against easing inflationary pressures from falling oil prices.
Shares of Swedish property company Castellum AB fell on Tuesday after a downgrade from UBS and a cautious upgrade from Barclays created uncertainty about the stock's future performance.
Asian semiconductor stocks fell sharply on Tuesday, dragging down U.S. futures, even as Samsung Electronics reported a massive jump in quarterly profit. The downturn raises concerns about the sustainability of the recent AI-driven market rally.
Crude oil prices surged on Tuesday following reports of attacks on three commercial oil tankers in and around the Strait of Hormuz. In response, the United States has revoked a license authorizing the sale of Iranian oil and has reportedly blamed Iran for the incidents.
Coffee industry representatives are warning that a proposed 25% U.S. tariff on Brazilian instant coffee could disrupt supply chains and lead to higher prices for American consumers and businesses.
