Ford is recalling 197,432 Mustang Mach-E vehicles (2021–2025) in the U.S. due to a risk of back seat passengers getting trapped during emergencies, NHTSA said.
Japan plans to cut super-long bond sales by 10% this fiscal year to ease oversupply worries after weak demand and a surge in yields, a draft document shows.
U.S. safety board urges action on risk of smoke entering Boeing 737 MAX jets with LEAP-1B engines, calling for urgent steps to fix the issue.
U.S. gov's golden share in U.S. Steel won't stop Nippon Steel from making key decisions, CEO Hashimoto said after closing the $14.9B deal.
Intel hired three chip execs as CEO Lip-Bu Tan revamps leadership, cuts staff, boosts customer focus, and aims to turn around its foundry and chip business.
US jobless claims fell by 5,000 to 245,000 last week, matching forecasts, but still signal weakening labor market momentum in June.
Trump plans to name a new Fed chair soon, despite a year left in Powell's term, sparking market concerns as he pushes for lower interest rates.
Bond investors are shifting from the U.S. to stable Asian markets, with Malaysia leading. Foreign ownership is rising from Indonesia to India.
Japan's exports fell in May for the first time in 8 months as U.S. tariffs hit automakers; no trade deal was reached with the U.S., adding pressure on the economy.
UK inflation slowed to 3.4% in May as air fare spikes eased and a tax error was corrected, though food prices rose at their fastest pace in over a year.
Hasbro cuts 3% of its global workforce—about 150 jobs—in a cost-saving move amid rising U.S. tariffs on toys from China.
JPMorgan's Sapphire Reserve card now costs $795/year, with $2,700+ in perks like travel, dining, hotel, event credits, and Apple subscriptions.
Trump said Japan and the EU are tough on trade, warned they'll pay tariffs without fair deals, and added that pharmaceutical tariffs are coming soon.
BOJ holds rates steady, plans slower balance sheet cuts in 2025 amid global tensions and weak inflation, signaling a cautious exit from its long stimulus.
Iran may exit the Nuclear Non-Proliferation Treaty as parliament drafts a bill; foreign ministry says no final decision yet, but coordination is underway.
76% of central banks expect to boost gold reserves in 5 years, per WGC survey, as demand rises and confidence in the U.S. dollar continues to wane.
Oil jumps 2% as Israel warns Iran civilians to evacuate; markets dip, gold and bonds rise amid fears of broader Middle East conflict.
EU may offer 10% tariff on all exports to avoid higher U.S. duties. Trade, Iran tensions to dominate G7 talks as Trump warns partners of new tariff terms.
Boeing logged 303 new jet orders in May, its highest since Dec 2023, outpacing Airbus in 2024 with 512 net orders vs. 215, ahead of the Paris Air Show next week.
Trump Organization launches Trump Mobile with a $47.45/month plan and a $499 "T1" smartphone, featuring unlimited data and a gold case with a U.S. flag, coming in September.
Paramount is cutting 3.5% of its U.S. staff amid industry shifts and economic challenges, while awaiting approval for its Skydance merger, now facing legal delays.
G7 leaders meet in Canada Sunday to discuss the Israel-Iran conflict, Middle East, Ukraine, and U.S. tariffs, with peace, jobs, and minerals as key goals.
Nippon Steel shares rose after Trump approved its $14.9B U.S. Steel deal, ending 18 months of hurdles, union pushback, and national security reviews.
Renault CEO Luca de Meo is leaving to take a new role outside the auto industry, reportedly as CEO of Gucci-owner Kering, after five years leading Renault's turnaround.