World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 24
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Cargo ship’s chief engineer charged in 2024 Francis Scott Key bridge collapse in Baltimore
Prosecutors have filed a criminal charge against the chief engineer of a cargo ship involved in the deadly 2024 collapse of Baltimore’s Francis Scott Key Bridge, accusing him of failing to notify the U.S. Coast Guard of hazardous conditions on the ship.
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US and Iran sign initial deal to end war, ease sanctions and open strait as nuclear talks continue
President Donald Trump signed an agreement with Iran on Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details released by both countries.
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Tennessee soybean farmers get morale boost from better prices, but future remains ‘daunting’
Crops are in the ground, the weather is cooperating, soybean prices are up slightly from 2025, and China – the biggest buyer of U.S. soybean exports – is once again placing orders after a trade agreement ended the country's purchasing freeze last fall.
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US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve
U.S. stocks slumped Wednesday on speculation the Federal Reserve may hike interest rates this year to keep a lid on inflation. Higher rates can tap the brakes on accelerating prices at cash registers, but they also slow the economy and hurt prices for investments.
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Oil drops below $80 per barrel, while tech stocks weigh on a mixed Wall Street
Oil prices sank again Tuesday and dropped below $80 per barrel for the first time since early March, while U.S. stocks drifted near their all-time highs in mixed trading.
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Higher prices for gas, groceries and flights will likely outlast the Iran war
A tentative deal to end the Iran war makes it reasonable to ask how soon prices will drop for gasoline, groceries, airline tickets and other items that got more expensive during the conflict.
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Nvidia’s Huang pledges AI will boost manufacturing jobs. A test will come in Texas
Jensen Huang’s company Nvidia makes the computer chips that unleashed a revolution in artificial intelligence. Now he's wagering that an AI buildout can revive U.S. manufacturing, pushing past limits facing science and society.
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What to know about the demining and escort mission that US allies want for the Strait of Hormuz
The naval mission for the Strait of Hormuz that U.S. allies are proposing as a follow-up to a deal to end the Iran war would aim to reassure crews and shipping insurers that vessels can safely navigate the narrow waterway again, by removing any explosive mines and potentially providing military escorts.
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Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
Stock markets rallied worldwide Monday, and oil prices eased after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again.
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How China can move the price of oil even by not buying
After the war in Iran cut off a fifth of the world’s oil supply, oil prices jumped, at one point reaching nearly $120 a barrel. But they didn’t spike higher, even though some analysts warned ominously of $200 oil, and prices have since come down.
