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By Michael Martina and Chris Kirkham (Reuters) – Washington’s addition of CATL to a list of firms it says work with China’s military could put Tesla (NASDAQ:) founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China. CATL,…
The Biden administration on Wednesday approved California’s ban on gas cars by 2035.Trump has promised to revoke California’s authority to set strict limits on tailpipe pollution.It’s a high-stakes fight over the future of electric vehicles and tackling the climate crisis.The stage is set for another battle between President-elect Donald Trump…
Investing.com — The outlook for commodities in 2025 hinges on five key factors, as mentioned by analysts at BofA Securities in their year-ahead commodity report. These factors, each with vital implications for market dynamics, range from macroeconomic conditions to supply-demand fundamentals across sectors. Geopolitical tensions and trade policies Trade wars…
(Reuters) – President-elect Donald Trump on Monday pledged tariffs on the United States’ three largest trading partners – Canada, Mexico and China. The proposed tariffs would affect a wide range of industries, including oil, , agriculture and manufacturing, potentially altering long-established trade patterns and supply chains. Here are commodities…
Longshoremen went on strike on Tuesday, shutting down East and Gulf Coast ports.A prolonged strike would most heavily affect automakers importing vehicles from Europe.Car companies currently have plenty of inventory, enough to sustain 77 selling days. Dock workers across the East and Gulf Coasts of the United States went on…
I grew up eating grilled cheese sandwiches and Frosted Flakes with milk. There was nothing I enjoyed more than going to the ice cream shop.Suddenly, that joy was stripped away from me the summer before my third year in college. I went from eating ice cream in the dorm cafeteria…
With only five months left until the much-anticipated US presidential election 2024, investors must be keen to know how a Biden or Trump presidency might impact tech stocks. The tech sector, which has been the star market performer in recent years, could see different shifts, even if not massive ones,…
This as-told-to essay is based on a conversation with Kylie Kelce. It has been edited for length and clarity.I’ve spoken many times about how my interest in the autism community started very young. My neighbor Tim, who is a few years older than me, had autism. We were very close,…
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their joint oil production policy. Below are key facts about OPEC+ and its role. WHAT ARE OPEC AND OPEC+? OPEC…