World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 39
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What to know about the Strait of Hormuz, a key passageway essential for global energy supply
Oil prices are up swinging wildly as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.
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America is an oil exporter. Why does a Mideast war raise US gas prices?
The price of gasoline in the United States rose again Tuesday, to an average of $3.54 a gallon, according to data from the AAA motor club, raising the cost of a fuel many Americans purchase frequently.
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China’s exports surge in Jan-Feb despite waning trade with the US
China has reported its exports rose nearly 22% in the first two months of the year, while trade with the United States contracted.
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A big night light in the sky? Startup wants to launch a space mirror.
A startup company wants to light up the night with 50,000 big mirrors orbiting Earth, bouncing sunlight to the night side of the planet to power solar farms after sunset, provide lighting for rescue workers and illuminate city streets, among other things.
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Consumers paid tariffs on overseas items. Now they want a refund.
Dr. Andrew Angel, a physician from Cambridge, Massachusetts, paid a tariff on a $345 pendant he bought last year from an eBay seller in Japan.
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US stocks erase a big early loss and rise after oil prices whip from nearly $120 back below $90
The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long.
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Hong Kong firm seeks $2 billion over Panama’s takeover of 2 key canal ports
A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking $2 billion of compensation in damages from Panama over its "illegal" takeover of the ports.
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Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job market
Oil shot to its highest price since 2023 after surging again Friday because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October.
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More than 20 states sue over new global tariffs Trump imposed after his stinging Supreme Court loss
Some two dozen states challenged President Donald Trump's new global tariffs on Thursday, filing a lawsuit over import taxes he imposed after a stinging loss at the Supreme Court.
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Judge rules companies are entitled to refunds for Trump tariffs overturned by the Supreme Court
In a defeat for the Trump administration, a federal judge in New York ruled Wednesday that companies that paid tariffs struck down last month by Supreme Court are due refunds.
