For half a century, Republicans have worn the “party of business” label like a permanent badge — tax cuts, deregulation, tough trade talk — while Democrats have too often ceded the ground, treating economic strength as someone else’s brand to react to rather than a story to tell.

A new survey commissioned by the nonpartisan U.S.-Asia ...Read more

DETROIT — From robot-heavy factories to using artificial intelligence to design cars, automakers are speeding to catch up with China's lightning-fast development of low-price vehicles as the manufacturing giant's vehicle production grows rapidly and globally.

Experts at the Automotive News Congress in Detroit last week warned of China's ...Read more

Anduril Industries plans to invest $3.7 billion in a submarine manufacturing shipyard at Sparrows Point, promising more than 3,100 permanent jobs at full operation as Maryland and Baltimore County consider public support that could reach roughly $481 million.

The defense company’s proposed Arsenal-2 facility would bring large-scale ...Read more

Earlier this year NASA Administrator Jared Isaacman announced NASA would begin taking back jobs it had doled out to contractors over the years. As a result, the company Amentum, with one of the biggest footprints at Kennedy Space Center, said it would lay off 70 positions on the Space Coast.

“NASA has notified Amentum, Base Operations and ...Read more

David Ellison emerged with his prized Hollywood juggernaut on Tuesday as the merger of Paramount Skydance and Warner Bros. Discovery officially closed.

The $111 billion transaction culminated a year-long battle by the 43-year-old tech scion to add Warner Bros. Discovery to his family’s growing portfolio. Ellison’s small Paramount fended off...Read more

Walk into Henne Jewelers in Pittsburgh's Shadyside neighborhood and you won’t see a single lab-grown diamond.

They aren’t displayed in the showcases. They aren’t advertised. And owner John Henne won’t recommend them to customers.

But if you really want one, Henne will sell it to you — because in recent years he started keeping a ...Read more

A U.K. retail conglomerate founded by British billionaire Michael Ashley has become a significant investor in Baltimore-based Under Armour.

Frasers Group, the parent company of Sports Direct stores and other sports and luxury retail brands, acquired an 8.8% stake in Under Armour, according to an Oct. 1 filing with the U.S. Securities and ...Read more

It may not cause the sticker shock of last year’s whopping increase, but State Farm is set to raise homeowners insurance rates in Illinois by another nearly 8% this fall, according to a recent filing with the state.

The increase went into effect for new policies on October 1, while current customers will see the higher rates beginning in ...Read more

You’re not seeing things — Florida’s gas prices dropped over 35 cents in the last 10 days, although they remain above $4 a gallon.

On Monday, the average price for a gallon of regular unleaded gas was $4.06, according to AAA.

The national average remained above that, at $4.37.

The decline is saving drivers roughly $5 to $7 per fill-up ...Read more

U.S. Sens. Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that are closed without payment to policyholders.

Warren, a Massachusetts Democrat, and Hawley, a Missouri Republican, wrote letters to State Farm, ...Read more

A rally in giant technology companies drove stocks higher, overshadowing concerns about still-elevated oil prices and bond yields.

The S&P 500 rose to a striking distance of a record while the Nasdaq 100 reached a fresh peak. Political upheaval in Europe and fiscal worries drove the euro to its weakest since May 2025. Longer-dated Treasury ...Read more

Cargill Inc.’s fiscal first-quarter earnings fell by more than half as the largest private company in the U.S. was pressured by higher costs for cattle and cocoa despite also benefiting from stronger results in soybeans.

For the quarter ended Aug. 31, Cargill had net income of $927 million, down from $1.94 billion a year ago, according to ...Read more

Mortgage rates surged in September, and they’ve reached their highest point since May 2024. The run-up in rates has left many consumers feeling less than eager to dive into the housing market.

The war in Iran sent oil prices soaring in recent months. Higher energy prices translate to both higher inflation and rising 10-year Treasury yields. ...Read more

As tech giants navigate the backlash over massive data-center expansions, Amazon is responding with a financial commitment of $1 billion for communities where the facilities are located.

The company is also pushing back against data-center critics and arguing the build-out must continue or the U.S. will risk falling behind in the AI race.

...Read more

Take a deep breath in Hollywood's Kimpton Everly Hotel and you may catch a whiff of sandalwood, leather, fennel, cardamom, violet and cedar.

And if you sniff the lobby of downtown Los Angeles' Ritz-Carlton, you may detect "bright effervescent notes ... layered with soft florals," a custom fragrance known as Champagne & Shimmer.

For years now, ...Read more

Paramount Skydance Chief Executive David Ellison has rolled out his Skydance executive team, which includes several senior Warner Bros. executives who will segue into new roles at the soon-to-be merged Skydance media company.

HBO Chairman Casey Bloys, CNN Chairman Mark Thompson, Discovery streaming executive J.B. Perrette and DC Comics managers...Read more

Look to the fine print of Treasury futures for the next big jump in bond yields.

As U.S. 30-year securities head ever closer toward 6%, the move threatens a shakeup in futures, which are widely used by investors to hedge government bond positions, and by leveraged funds in strategies such as the popular “basis trade.”

It has to do with ...Read more

The auto industry is weathering the economic headwinds of inflation and high gas prices, but the best performance is coming from outside Detroit.

Foreign brands with more hybrid-heavy lineups made gains, according to sales reports from across the U.S. auto sector detailed this week. Meanwhile, each of the Detroit Three automakers saw sales ...Read more

A software glitch that impacts automated flight controls on some Boeing 737 Max aircraft does not present a safety risk, the Federal Aviation Administration said Friday.

The regulator convened a group of safety experts, known as a Corrective Action Review Board, this week to determine if the software issue created an unsafe workload for pilots ...Read more