Economy

The UAW strikes hitting the Detroit Three automakers — GM, Ford and Stellantis — could widen the electric vehicle gap between them and Tesla, which already controls 60 percent of the EV market.The three Detroit automakers all use union labor, and those workers are represented by the United Auto Workers union — Tesla does not.… […]

DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday.The additional strikes will target Ford’s Chicago Assembly Plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing Delta Township plant… […]

Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative for the brand as it launches the ES9 SUV, a car that CEO William Li Bin (L) touted as the largest SUV in China. Lintao Zhang | Getty Images News | Getty Images BEIJING — […]

Silver bars stacked at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, Feb. 5, 2026. Matt Jelonek | Bloomberg | Getty Images Silver’s breakneck 2025 rally has created the conditions for demand destruction among buyers of the precious metal, according to analysts, who say prices could fall even further from last year’s […]

Ferrari’s first fully electric car, called Luce, in a handout image obtained by Reuters May 25, 2026, after the luxury sports car maker unveiled the model. Ferrari | Via Reuters Ferrari ‘s stock plummeted after it unveiled its first fully electric vehiclewhich was criticized by the luxury carmaker’s former boss and even Italy’s transport minister. […]

Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images LONDON — European stocks fell on Thursday as investors continued to assess developments in the Middle East and Ukraine. The pan-European Stoxx […]

COPENHAGEN, Denmark – On the day of its IPO in 2012, Brunello Cucinelli issued an uncommon ultimatum to investors: if they wanted short-term profits achieved by harming the environment or damaging people, they should not invest. In stark contrast to an industry filled with flatlining sales, the Italian luxury house known as “the King of […]

Former U.S. President Donald Trump speaks at a campaign rally at Drake Enterprises, an automotive parts manufacturer, on September 27, 2023 in Clinton Township, Michigan.Scott Olson | Getty ImagesDonald Trump on Friday blasted his upcoming New York civil fraud trial and his four pending criminal cases as he asked supporters to donate to his 2024… […]

WASHINGTON — House Republican leaders on Friday canceled a planned two-week recess as a government shutdown appeared more likely after they failed to pass a short-term spending bill with fewer than two days to avoid a government shutdown.House Speaker Kevin McCarthy, R-Calif, informed the GOP caucus of the canceled break at a closed-door meeting after… […]

If you’re like me, you probably spend your weekends tackling the tasks you didn’t have time for during the workweek. By the time you’re done doing the laundry, washing dishes, mopping the floors or even finishing up more work — it’s already Monday again. That’s no way to live, says Cassie Holmes, a happiness researcher […]