South Korea pledged $150B in U.S. investments at the Trump-Lee summit and agreed on a plan to direct $350B in funds to help ease U.S. tariff threats on Korean goods.
U.S. consumers with top credit scores are falling behind on debt, with 90+ day late payments up 109% year-over-year for superprime borrowers and 47% for prime.
Poland's UOKiK accused Netflix of raising subscription fees by up to $1.92 in Aug 2024 without explicit user consent, violating consumer protection rules.
Tesla rejected a $60M settlement in a lawsuit over a 2019 Autopilot crash; a jury later awarded $243M. Plaintiffs revealed the proposal in a court filing Monday.
The U.S. will announce Japan's $550B investment this week, Commerce Secretary Lutnick said, with a Japanese trade envoy set to visit Washington to formalize the deal.
Canada's big six banks are expected to cut Q3 loan-loss provisions to C$5.22B from C$6.37B in Q2, as U.S. tariffs hurt loan portfolios less than feared.
Mercedes-Benz's pension trust will sell its $346M, 3.8% stake in Nissan, adding pressure as the automaker faces tariffs, restructuring, and a 24% stock slide this year.
The Pinault family, holding 29.3% of Puma via Artemis SAS, is exploring options for the brand, including a possible sale.
BoE's Bailey warns of weak growth and shrinking workforce, citing rising long-term sickness and aging, urging a focus on boosting productivity.
Germany should seek new trade partners as US-EU trade tensions rise, Chancellor Merz said, citing 15% tariffs and challenges to WTO rules.
EU officials are considering using public blockchains for the digital euro as they speed up CBDC plans amid US moves and fears of dollar-backed stablecoin dominance.
Spotify will raise prices as it invests in new features and aims for 1 billion users, Co-President Alex Norstrom told the Financial Times.
Barclays and BNP Paribas now expect the Fed to cut rates by 25 bps in September, citing Powell's Jackson Hole shift and rising labor market risks.
Major retailers like Macy's and Kohl's are set to report earnings this week, providing a crucial snapshot of the health of the U.S. consumer.
Chocolate prices keep rising as high cocoa costs hit retailers, but easing futures may bring some relief by next Easter.
The EU aims to make reduced U.S. car tariffs retroactive to Aug 1, as part of a trade deal that cuts tariffs and boosts access for U.S. goods, seafood, and agriculture.
Tesla hiked the Cybertruck Cyberbeast price by $15K to $114,990, now with the "Luxe Package" including supervised FSD and free Supercharging.
The US housing market continues to show signs of weakness, as homebuilders like Toll Brothers face headwinds from a challenging environment marked by high interest rates and cautious homebuyers.
Meta paused AI hiring after adding 50+ staff, citing organizational planning and yearly budgeting for its new superintelligence efforts.
Mitsubishi is recalling 91,697 Outlander SUVs in the U.S. due to a risk of the rear hatch falling unexpectedly, U.S. safety regulators said Thursday.
Tesla launched a 6-seat Model Y L in China for $47.2K. Musk says it may not come to the U.S. due to self-driving tech. Tesla faces tough local EV rivals.
Tech stocks show weakness after AI-driven surge. Investors trim exposure ahead of Fed Chair Powell's Jackson Hole speech, eyeing possible rate cut signals.
Microsoft limited some Chinese firms' access to its cyber threat alert system after suspected Beijing-linked hacks on its SharePoint servers raised security concerns.
New Zealand will spend NZ$2.7B on 5 MH-60R Seahawks and 2 Airbus A321XLRs to upgrade its aging defense fleet, its first major military investment in years.