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The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models. Source link

Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates. Source link

A former jewelry-counter magnate, he served in Hungary under his friend President Trump, strengthening relations between the two countries as Orban tilted rightward. Source link

Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes. Source link

Investors were in a more sober mood after sharp moves on the previous day. Source link

Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks. Source link

The ascent of ube has little to do with the purple yam’s taste or Filipino origins. It’s the color, flavor experts say. Source link

Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement. Source link

An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates. Source link

Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped. Source link