Employees work on the assembly line of new energy vehicles (NEVs) at a workshop of China FAW Group’s Hongqi Fanrong Plant on July 5, 2023 in Changchun, Jilin Province of China. Zhang Yao | China News Service | Getty Images DETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet beat on the top and bottom lines in its fourth-quarter earnings report on Wednesday, and said it expects to significantly increase spending on artificial intelligence in…
A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Martin Bernetti | Afp | Getty Images The Chinese government has condemned a ruling from Panama’s top court, warning the Central American country “will inevitably pay a heavy price” unless it changes course. The rebuke comes shortly after Panama’s…
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets rose Tuesday with several benchmarks in the region soaring, tracking gains on Wall Street. South Korea’s Kospi led gains in the region, jumping more than 6%, briefly triggering a temporarily halt in purchase orders. Index heavyweights SK Hynix and Samsung…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images Precious metals extended losses on Monday, with analysts and strategists flagging U.S. President Donald Trump’s choice of Kevin Warsh as successor to Federal Reserve Chair Jerome Powell as…
UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social A government official and top royal from the United Arab Emirates purchased a $500 million stake in the Trump family’s cryptocurrency venture last…
The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks…
A cache of newly released documents from the Epstein files on Friday showed Elon Musk apparently corresponded with the convicted sex offender in 2012 and 2013, as they discussed meeting at Jeffrey Epstein’s private island and at Musk’s SpaceX facility in Southern California. The emails indicate Musk asked about attending the “wildest party,” hosted by…
Panama’s top court has ruled against Hong Kong-based CK Hutchison, saying a concession held by a subsidiary of the firm to operate ports at either end of the Panama Canal was unconstitutional. The outcome is widely seen as a victory for the Trump administration’s security ambitions in the Western Hemisphere, with the U.S. seeking to…
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. Tingshu Wang | Reuters The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s…