July 29, 2026 4:01 pm, EDT Ola Källenius, CEO of Mercedes-Benz Group. (Alex Cross/Bloomberg) key takeaways: Mercedes-Benz CEO Ola Källenius said in Finland that intense price competition in China’s auto market will likely persist for years. Chinese brands, led by BYD, are dominating EVs and targeting luxury buyers, contributing to Mercedes’ 30% China sales decline
July 22, 2026 8:25 am, EDT | Update: July 22, 2026 10:13 am, EDT (David Paul Morris/Bloomberg News) key takeaways: Oil prices have increased further following the ongoing attacks between the United States and Iran. Rising oil prices were again driving inflation, just as price rises were slowing more than economists expected. Stocks of computer
(Michael Nagle/Bloomberg) June 24, 2026 8:16 am, EDT key takeaways: Oil prices have fallen and are close to the price they were before the Iran war started in late February. President Donald Trump said on social media that the Justice Department would investigate oil companies for price gouging. The market selloff this week has largely
A small motorboat passes ships anchored in the Strait of Hormuz near Bandar Abbas, Iran, on June 17. (Amirhossein Khorgui/ISNA via AP) June 23, 2026 8:08 am, EDT | Update: June 23, 2026 10:16 am, EDT key takeaways: Oil prices continue to fall on hopes of ending the Iran war. Iran says it has closed
More than 100 oil tankers were stuck inside the Persian Gulf before the interim peace agreement was signed. (Andrea Campanu/Bloomberg via Getty Images) June 22, 2026 8:16 am, EDT | Update: June 22, 2026 8:45 am, EDT key takeaways: Oil prices fell as talks progress on a permanent end to the Iran war. High-level talks
A customer prepares to pump diesel fuel at a Madison, Miss., Sam’s Club. (Rogelio V. Solis/AP/File) June 18, 2026 8:50 am, EDT | Update: June 18, 2026 12:56 pm, EDT key takeaways: Oil prices continued to fall after the US and Iran signed a preliminary deal to end the war. Due to falling oil prices,
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