Elon Musk has warned Tesla faces “a few rough quarters” after the company reported a 16 per cent decline in automotive revenue as sales fell for a second-straight quarter and again trailed analysts’ estimates.
President Donald Trump has announced the US will impose a 30 per cent tariff on goods from the European Union and Mexico that will take effect on August 1.
The Defense Department will become the largest shareholder in rare earths miner MP Materials after striking a deal that boosted Gina Rinehart’s wealth by more than $300 million overnight.
Samsung has launched three new folding smartphones with new AI capabilities that it hopes will become part of daily life, however, analysts warn consumers are not be ready to go for a fold-out mobile offering
Former UK Prime Minister Rishi Sunak is set to rejoin Goldman Sachs as a senior adviser, the bank announced Tuesday, a year after his Conservative Party suffered a major election loss.
A couple in their 60s has revealed the high cost of supporting their daughter after she moved back home, forcing them to cancel holidays and delay retirement.
Beijing may have warned against “blind box” toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China’s hottest consumer brands this year.
President Donald Trump’s One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a friendly environment for oil, gas and coal production.