Governments and traders spent Monday assessing the energy fallout from the expanding war involving Iran, as disruption around the Strait of Hormuz renewed fears over one of the world’s most important oil corridors. Since the conflict began on Feb. 28, tanker traffic through the strait has largely stalled, raising concern that a prolonged interruption could restrict supply well beyond the…
The 2026 Consumer Electronics Show is set to begin January 6 in Las Vegas, drawing major technology companies, startups, and industry leaders from around the world to display cutting-edge innovations and emerging products. The annual event, produced by the Consumer Technology Association (CTA), transforms the Las Vegas Convention Center and surrounding venues into a showcase for advancements that technology firms…
Tesla said it delivered 1.64 million vehicles in 2025, a 9% decline from the prior year, and the drop was enough to end its run as the world’s best-selling maker of battery-electric vehicles. Chinese rival BYD reported 2.26 million electric-vehicle sales in the same period, moving ahead of Tesla in the global EV tally. The shift is notable given how…
Asian stocks were mostly lower on Tuesday, while U.S. stock futures were little changed, as investors headed into the last sessions of 2025 with activity constrained by year-end holidays. With two trading days left before the year closes for many markets, trading volumes have been muted, and relatively small flows have had an outsized impact on prices. Most major exchanges…
Silver and gold futures fell steeply on Monday after the Chicago Mercantile Exchange (CME) increased the amount of collateral traders must post to hold positions in several precious-metals contracts. In early trading, silver futures sank about 8%, while gold futures slid roughly 5%, reversing part of a powerful year-end rally that had pushed both metals to fresh highs. The move…
When New York City introduced the MetroCard in 1994, the swipeable plastic card replaced subway tokens and became a staple of daily commuting. More than three decades later, the card and its magnetic strip are being phased out as the transit system completes a shift to OMNY, the contactless fare platform introduced in 2019. The Metropolitan Transportation Authority (MTA) says…
U.S. regulators have approved a once-daily tablet form of Wegovy, making it the first oral medication cleared in the United States specifically to treat obesity. The decision from the U.S. Food and Drug Administration gives Novo Nordisk a head start over Eli Lilly and Co., whose obesity pill candidate orforglipron is still under FDA review. Clinicians say an oral option…
