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Spain's crude oil imports from Venezuela in January and February rose roughly 59% from a year earlier as a key sanctions deadline set by U.S. President Donald Trump's administration approaches. In the first two months of 2025, Spain imported 449,000 tons of crude from Venezuela, up from 283,000 tons in the same period last year, according to data released on Friday by Cores, an arm of Spain's energy and environment ministry. U.S. authorities announced last week a 25% tariff on goods from countries buying Venezuelan crude and gas and moved to revoke authorisations it had granted to foreign partners of state-run oil company PDVSA to operate and export from the OPEC nation.

NEW YORK (Reuters) -Shares of Yeti Holdings tumbled in December and again in March when President Donald Trump threatened tariffs against China, where the company had some of its biggest factories. Behind the headlines, Yeti, the Austin, Texas-based maker of $300 coolers and $40 travel mugs, was facing another problem. Hedge fund Engaged Capital was pushing management to return cash to shareholders, expand into new geographies, and be more transparent with investors, according to people familiar with the talks.

The markets are spooked, the Fed's in a jam, a trade war is brewing, and recession chatter is growing louder.

Investors are looking for signs the selling in the U.S. stock market may have reached a crescendo, but say that the check marks are not yet all ticked and there is room for further pain. President Donald Trump's announcement of sweeping tariffs on Wednesday extended U.S. stocks' selloff this year with the S&P 500 down 12% from its February record high and the tech-heavy Nasdaq index down 18% - close to being in a bear market. "We're definitely not at 'get me out!' levels," Steve Sosnick, chief strategist at Interactive Brokers, said.

WASHINGTON (Reuters) -President Donald Trump's new tariffs are "larger than expected" and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome Powell said on Friday in remarks that pointed to the potentially difficult set of decisions ahead for the central bank. "We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation," undermining both of the Fed's mandates of 2% inflation and maximum employment, Powell said in prepared remarks for a business journalists' conference in Arlington, Virginia. Powell spoke as global markets continued a swoon that has wiped some 10% off major U.S. stock indexes since Trump announced a raft of new tariffs on Wednesday.

Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.

As the biggest and most popular cryptocurrency, it's a surprise to nobody that Bitcoin (CRYPTO: BTC) is subjected to all sorts of different trends, pressures, risks, and influences. Historically, Bitcoin has been criticized for its mining process. Mining requires a lot of computing power, which means that it requires a lot of energy.

As a Bitcoin (CRYPTO: BTC) investor, it can be confusing to make sense of all the information out there. A lot of very smart people on Wall Street think that Bitcoin is going to hit a price of $1 million by the year 2030. Cathie Wood of Ark Invest, for example, recently doubled down on her prediction that Bitcoin is going to hit $1.5 million within the next five years.

XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) are proven cryptocurrencies that aren't going to go to zero. Bitcoin and XRP are valuable for different reasons, and the differences matter even more than usual for portfolios that are meant to be safer than average. XRP is valuable because it's a financial technology that's in active use and development.

What a brutal six months it’s been for Magnachip. The stock has dropped 33.4% and now trades at $3.13, rattling many shareholders. This might have investors contemplating their next move.