GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs

GM expects to top Ford in U.S. vehicle production as it faces up to  billion in tariff costs

General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in … Read more

The ‘middle powers’ are having a moment, but can they stand up to Trump?

The ‘middle powers’ are having a moment, but can they stand up to Trump?

(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session … Read more

European stocks rise after EU lands ‘mother of all deals’ with India

European stocks rise after EU lands ‘mother of all deals’ with India

Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks opened broadly higher on Tuesday, as investors reacted to the European Union’s landmark trade deal with India and braced for a flurry of corporate earnings. Twenty minutes into the trading session, the pan-European Stoxx 600 was 0.3% higher, … Read more

Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy

Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy

Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asian equity markets are attracting global investors, with a surge in initial public offerings, rising cross-border flows, and accelerating deal activity underscoring the region’s growing importance in global capital markets, according to senior executives at JPMorgan and Goldman Sachs. … Read more

South Korean auto stocks fall after Trump hikes tariffs on trade deal approval delay

South Korean auto stocks fall after Trump hikes tariffs on trade deal approval delay

Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Shares of South Korean autos tumbled Tuesday after U.S. President Donald Trump took aim at the country overnight, saying he would increase tariffs on Asia’s fourth-largest … Read more

Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25%

Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25%

U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s … Read more

Treasury cancels Booz Allen contracts after employee leaked Trump tax records; stock falls

Treasury cancels Booz Allen contracts after employee leaked Trump tax records; stock falls

Treasury Secretary Scott Bessent on Monday said he had canceled all Treasury Department contracts with the consulting firm Booz Allen Hamilton, whose employee leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos and Elon Musk, to media outlets. Booz Allen Hamilton’s stock price dropped by more than 10% on the heels … Read more

Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing

Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing

White House Border Czar Tom Homan speaks on FOX News on the North Lawn of the White House on February 6, 2025 in Washington, DC.  Andrew Harnik | Getty Images Trump administration border czar Tom Homan will head to Minnesota to manage U.S. Immigration and Customs Enforcement’s on-the-ground operations there in the wake of Alex … Read more

Asia-Pacific stocks trade mixed as geopolitical worries keep investors on edge

Asia-Pacific stocks trade mixed as geopolitical worries keep investors on edge

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose … Read more

Alex Pretti killing: Minnesota CEOs, including UnitedHealth, Target, call for ‘immediate deescalation’

Alex Pretti killing: Minnesota CEOs, including UnitedHealth, Target, call for ‘immediate deescalation’

An undated handout image of Alex Pretti, who was fatally shot by U.S. immigration agents as they tried to detain him in Minneapolis, Minnesota, obtained by Reuters on Jan. 25, 2026. U.S. Department Of Veterans Affairs | Via Reuters Major Minnesota business leaders on Sunday called for an “immediate deescalation of tensions” after federal immigration … Read more