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Finance

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1,708 articles

Finance

Russia Profits as Iran War Boosts Oil Prices

Russia is unexpectedly profiting from the war in Iran as soaring oil prices and temporary US sanctions waivers allow it to sell crude at a premium. India's large purchases of Russian oil, previously discounted, now fetch higher prices, generating billions for Moscow. This financial windfall strengthens Russia's economy amidst the ongoing conflict in Ukraine.

4 weeks ago
Finance

Meta, Google Found Negligent in Landmark Trial

A landmark trial has found Meta and Google negligent in their design of social media platforms, particularly concerning child users. Lead attorney Mark Lanier compared the situation to the tobacco industry lawsuits, citing intentional addictive features. The verdict raises questions about future regulations and the companies' operational changes.

4 weeks ago
Finance

Congresswoman Faces Ethics Probe Over Alleged $5 Million Fraud

Representative Sheila Cherfilus-McCormick faces a House Ethics Committee hearing and federal indictment over alleged $5 million FEMA fund diversion. Prosecutors claim the funds meant for COVID-19 vaccinations were used to bankroll her 2021 campaign. This case highlights concerns over political funding integrity and government fund oversight.

4 weeks ago
Finance

Affordability Tops Voter Concerns, Lemonis Advises GOP

Business expert Marcus Lemonis argues that affordability is the paramount issue for voters, urging political parties, especially Republicans, to center their messaging on this concern. He advises against downplaying economic challenges and stresses the urgency for clear solutions as elections near.

4 weeks ago
Finance

Bezos Earns $476 Per Second on Paper

Jeff Bezos's net worth grew by an average of $476 per second in 2025, totaling $15 billion for the year. This wealth accumulation stems from Amazon's stock performance, not his salary. The gains highlight the power of asset appreciation for billionaires.

4 weeks ago
Finance

MLB Faces Major Shifts: Salary Caps, Media Rights, and Expansion Ahead

Major League Baseball faces a season of potential transformation. Key changes on the horizon include a push for a salary cap in the new collective bargaining agreement, a major shift in media rights towards centralized streaming, and possible league expansion with realignment. These developments could reshape the sport as fans know it.

4 weeks ago
Finance

Rand Paul Disputes Iran Nuclear Claims, Questions War Justification

Senator Rand Paul questions the U.S. government's conflicting statements on Iran's nuclear program, arguing that intelligence reports contradict claims of an imminent threat. He emphasizes the constitutional requirement for congressional approval for war and opposes military action based on disputed facts and potential high costs.

4 weeks ago
Finance

Iran Commander’s Death Sparks Gulf Chaos

The killing of a top Iranian IRGC commander and his staff is creating chaos and uncertainty in the Persian Gulf. This strategic move could disrupt Iran's operations in the vital Strait of Hormuz, impacting global oil markets. Analysts suggest that while this tactic has tactical importance, true regional stability requires broader changes in Iran's foreign policy and a commitment to peaceful coexistence.

4 weeks ago
Finance

Your Boring Finances Are Key to Wealth

Building wealth often involves a "mundane middle" phase that, while boring, is crucial for success. Experts advise focusing on consistent saving, tracking progress, celebrating milestones like the "crossover point," and understanding your personal financial 'why' to stay motivated.

4 weeks ago