Sunday, August 3, 2025

Economy

Oil Prices Keep Dropping as Trade Fears Grow

Oil prices fell for the third consecutive day due to rising U.S. gasoline inventories and trade tensions impacting global demand.

Nvidia Stock Surges Past $170 After U.S. Clears China Chip Exports

Nvidia's stock surged over 4% after the Trump administration lifted export restrictions on H20 semiconductors to China.

Wall Street Ends Mixed as Nvidia Nears $4 Trillion, Tesla Rebounds

The NY stock market showed mixed results with Nvidia nearing a $4 trillion cap, while tariffs and Musk's politics impact Tesla.

Oil Prices Climb Again as Red Sea Tensions Escalate

International oil prices rise due to U.S. tariff threats and tensions in the Red Sea, with Brent crude at $70.15 per barrel.

Tesla Tanks $68B as Musk Unveils New Political Party

The New York stock market declines after Trump imposes tariffs on South Korea and Japan, with Tesla losing $68 billion in value.

Oil Prices Climb After Saudi Arabia Hikes Export Rates

Saudi Arabia's surprise oil price hike boosts international oil prices, impacting markets and South Korea's oil imports significantly.

S&P and Nasdaq Hit New Highs Ahead of July 4th Holiday

The New York stock market showed mixed results as the Dow dipped while the S&P 500 and Nasdaq hit record highs ahead of Independence Day.

Oil Prices Rebound as Trump Plans to Refill U.S. Reserves

Oil prices rebound as Trump plans to replenish the Strategic Petroleum Reserve, boosting demand expectations amid positive economic indicators.