Financial markets, which have shown increasing insensitivity to tariff threats from the U.S., will face a test at the Monday open after President Donald Trump declared a 30% rate for the European Union and Mexico effective Aug. 1.

Trump has ratcheted up trade measures, promising that more tariffs are coming to everyone from Canada to Brazil to ...Read more

Financial markets, which have shown increasing insensitivity to tariff threats from the U.S., will face a test at the Monday open after President Donald Trump declared a 30% rate for the European Union and Mexico effective Aug. 1.

Trump has ratcheted up trade measures, promising that more tariffs are coming to everyone from Canada to Brazil to ...Read more

NEW YORK — The city’s wealthy powerbrokers are opening their pocketbooks to try to stop Democratic nominee Zohran Mamdani from reaching City Hall — but it’s still not clear which alternative is the best bet for their cash.

This year’s mayoral race is shaping up to be the first competitive general election in years, with incumbent ...Read more

Ford Motor Co. has struck a deal with a German labor union that includes protections for more than 10,000 workers at its Cologne plant and voluntary job reductions as the Dearborn automakers struggles with selling electric vehicles in Europe.

Ford has approved the negotiation results that would offer job security to its employees, and IG Metall...Read more

Amazon Prime Day sales looked bumpy at first this week, with year-over-year comparisons for the first two days down. But by Friday, early data showed solid sales for the tech giant despite economic uncertainty.

The Seattle-based e-commerce company has somewhat diluted the annual online sales bonanza. What was once a one-day event soon grew to ...Read more

Return to office mandates are on the rise, leading many people to ask: What about the CEO?

Starbucks, for example, ended its remote work policy for corporate headquarters staff in 2023. But the Seattle company was skewered last year when it granted its new CEO a remote work arrangement.

With the corporate zeitgeist shifting toward in-office ...Read more

Maybe you didn’t notice, but Chrysler celebrated its centennial last month.

Of course, unless you’re considering the purchase of a 2025 Chrysler Voyager or Pacifica minivan, you probably haven’t thought about the brand much. In 2024, Chrysler sold 124,684 units, consisting of Pacifica and Voyager minivans alongside a handful of leftover ...Read more

After a trickling of return-to-office policies within individual teams, Target is officially calling back all headquarters workers from one of its largest business units three days a week.

The commercial unit, overseen by Target’s Chief Commercial Officer Rick Gomez, includes buyers, assistant buyers and planners. Those affected were notified...Read more

If anyone wondered why the Sorento hybrids were left out of Kia’s midcycle refresh last year, the carmaker wasn’t playing favorites. Those hybrids join the others with the new look and extra goodies for 2025.

The Sorento hybrid and PHEV (plug-in hybrid electric) now have the same bolder styling, attractive cabin laden with new tech features...Read more

Tesla Inc. will open its first showroom in India on Tuesday and begin deliveries as early as next month, according to people familiar with the matter, as the Elon Musk-led electric vehicle maker looks to tap potential demand in the third-largest automobile market to counter slowing sales elsewhere.

The opening of the Mumbai showroom will mark ...Read more

SANTA CLARA, California — Intel has disclosed plans to slash more than 400 Bay Area jobs this month, in an ominous sign that some tech companies must navigate a dreary economic landscape.

The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN notices that Intel filed with the...Read more

OAKLAND COUNTY, Michigan — It was a looooong Michigan winter this year with bitter temperatures, record snowfalls and chilly May days. In the South where I grew up, we hail the first songbird of April spring. Here in Michigan, I look for the first convertible of June summer.

It arrived in my driveway as a Mazda MX-5 Miata.

What a joy this ...Read more

When buyers are in the market for a vehicle that can move a lot of stuff, they tend toward options that can handle the capacity while not breaking the bank. The Chevrolet Traverse and even the KIA Telluride come to mind, but a perennial favorite has been the long-lasting Ford Explorer. In Grasso’s Garage this week, we review a beautiful 2025 ...Read more

When consumers are asked to identify their most frustrating interaction with businesses, the obstacles to canceling an automatically-renewing service invariably rank high.

Some companies require cancellations to be done by phone, or even in person. Even finding a cancellation option on a merchant's website can be daunting. Cancellation can ...Read more

A Fourth of July social media post about Muslim politician Zohran Mamdani by a partner at a legendary Silicon Valley venture capital firm has the nation’s largest Muslim advocacy group calling for the investor’s firing.

Shaun Maguire, a self-professed supporter of Israel and President Donald Trump, and a partner at Sequoia Capital, posted ...Read more

Cadillac will need to "make adjustments" in response to President Donald Trump signing the One Big Beautiful Bill Act eliminating an up-to-$7,500 tax credit for electrified vehicles, the luxury brand's global vice president said Thursday.

After Sept. 30, the tax credit no longer will be available. The budget cut comes as John Roth said the ...Read more

The panel blowout aboard an Alaska Airlines Boeing 737 was the result of more than four missing bolts, the National Transportation Safety Board reiterated in its final investigation report into the incident released Thursday.

The Jan. 5, 2024 blowout — which occurred shortly after the Alaska Airlines plane took off from Portland, Oregon — ...Read more

North Carolina bested Texas, Florida, Virginia and Ohio to finish No. 1 on CNBC’s latest annual ranking of best states for business. It is the third time in four years North Carolina has topped the list, rebounding from a close second-place finish in 2024.

In 2025, North Carolina finished No. 3 on economy, the most-weighted metric, and No. 4 ...Read more

Delta Air Lines executives say they believe the current slump in domestic air travel will pass soon, prompting the carrier to restore a full-year earnings forecast that it scrapped this spring amid market volatility.

The Atlanta-based carrier, which is the first major U.S. airline to report its earnings for the early summer travel season, is a ...Read more