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Critical Metals Acquires European Lithium in $835 Million Takeover Deal

Key Points: Critical Metals agreed to purchase European Lithium for $835 million in an all-stock transaction. The acquisition gives the US company full ownership of the massive Tanbreez rare-earth deposit in Greenland. Shares of European Lithium skyrocketed 58% in Sydney, while Critical Metals jumped 25% in New York. The deal adds $219 million in cash...

Foreign Automakers Threaten to Pull Cheap Cars From US Market Over Trade Deal

Key Points: Foreign car companies warned the Trump administration that they might stop selling affordable vehicles in the United States. Automakers rely heavily on the USMCA trade agreement to keep manufacturing costs low across North America. Canceling or weakening the trade deal would destroy the tiny profit margins on budget cars priced under $25,000. The...

Oil Prices Hold Steady Near $108 as Peace Talks Continue

Key Points: Brent crude stayed near $108 a barrel after jumping 2.8% as traders watched the latest peace negotiations. The United States and Iran maintain a strict naval blockade in the Strait of Hormuz, dropping ship traffic to almost zero. President Donald Trump demands that Iran stop enriching uranium and agree never to build a...