Treasury Secretary Scott Bessent on Wednesday shut down reports that the U.S. could step into the currency market with the Japanese yen on intervention watch and the American dollar hitting multiyear lows. “Absolutely not,” Bessent told CNBC’s Sara Eisen, responding to a question about if the U.S. is intervening inRead More →
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. inRead More →
USA Rare Earth shares rallied Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would provide USA Rare Earth with a $1.3 billion loan and $277 million in federal funding. USA Rare Earth willRead More →
A flight information display shows the cancelled flights due to weather conditions out of LaGuardia airport in New York on January 25, 2026. Charly Triballeau | Afp | Getty Images Air travel disruptions will linger into Monday even after a winter storm that forced airlines to cancel more than 14,000Read More →
US President Donald Trump speaks to the press upon returning to Joint Base Andrews in Maryland on January 13, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Saturday warned Canada that the U.S. would impose 100% tariff on goods sold in the U.S. if the countryRead More →
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 21, 2026 in New York City. Michael M. Santiago | Getty Images U.S. equities were mixed on Friday as the S&P 500 and Nasdaq Composite were poised to extend their latest gains amid easingRead More →
Packages of Pampers diapers are displayed at a Target store on June 05, 2025 in Novato, California. Justin Sullivan | Getty Images Procter & Gamble is selling diapers made with silk fibers in China as part of the company’s strategy to entice shoppers to spend more, even as demand forRead More →
President Donald Trump on Wednesday called for “immediate negotiations” with Denmark to “discuss the acquisition of Greenland by the United States.” But Trump, in a speech at the World Economic Forum in Davos, Switzerland, said for the first time that he would not use military force in pursuit of theRead More →
3M products at a Home Depot in San Rafael, California, April 30, 2024. Justin Sullivan | Getty Images Industrial giant 3M forecast annual profit slightly below Wall Street’s expectation on Tuesday, pointing to a challenging and uneven demand backdrop, even as it tightens costs to shield margins. Shares of theRead More →
U.S. President Donald Trump linked his aggressive stance on Greenland to last year’s decision not to award him the Nobel Peace Prize, telling Norway’s prime minister that he no longer felt “an obligation to think purely of Peace,” two European officials said Monday. Trump’s message to Jonas Gahr Støre appearsRead More →
