Business

The U.S. and India have reached an interim trade deal that would lower tariffs on both countries, a joint statement Friday revealed."The Interim Agreement between the United States and India will represent a historic milestone in our countries’ partnership, demonstrating a common commitment to reciprocal and balanced trade based on mutual interests and concrete outcomes," the statement said.U.S. Trade Ambassador Jamieson Greer lauded President Donald Trump’s "dealmaking" for the agreement, […]

President Donald Trump on Friday signed an executive order temporarily expanding the amount of beef the U.S. can import from Argentina, a move the White House says is aimed at lowering prices but that the nation’s largest cattle industry group disputes.The proclamation increases the in-quota tariff-rate quota for lean beef trimmings by 80,000 metric tons for calendar year 2026. The additional imports will be allocated entirely to Argentina and released […]

The recent surge in gold and silver prices to record highs will make the medals awarded at the 2026 Winter Olympics the most expensive in history.The Milan Cortina 2026 Winter Olympics officially begin on Friday and the value of the gold and silver medals that will be awarded to the winners and runners-up, respectively, have risen with the price of the precious metals.The spot price of gold has risen over 70% in […]

To quote President Trump’s Truth Social post, "Congratulations America" on Dow 50,000.And the widely known index didn’t just crawl above 50,000, it rocketed by 1,100 plus.And all those techie moaners and groaners have had their day in court, but they lost because they were up almost 2 percent and the broad based S&P is up almost 2 percent.There’s always a frothy selling period, kind of a cleansing. And it’s healthy. […]

Federal regulators are expanding an investigation into 1.27 million Ford F-150 pickup trucks after reports of safety issues related to the vehicles' transmissions.The National Highway Traffic Safety Administration said it had received reports from drivers that the trucks faced an unexpected transmission downshift that came without warning or driver input. The auto regulator said drivers reported that the issue was often accompanied by a temporary rear-wheel lockup or skidding that […]

Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs.Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest automaker to take a charge. The $26.5 billion charge is larger than those taken by Ford and General Motors in the […]

The Securities and Exchange Commission has announced enforcement actions against stocks it suspects are involved in "pump-and-dump" or "ramp-and-dump" schemes tied to foreign-based companies, including entities with operations in China. SEC Chairman Paul Atkins said the agency is intensifying its crackdown on these manipulative practices to protect U.S. investors.In September 2025, the SEC announced the formation of a Cross-Border Task Force within its Division of Enforcement to investigate potential violations […]

A proposed tax targeting California's wealthiest residents is drawing strong support from likely voters, but critics warn it would discourage investment and trigger an exodus of high-income earners and businesses from the state."I think it's a really economically disastrous idea," Adam Michel, director of tax policy studies at the Cato Institute, told Fox News Digital. "It is both diagnosing the problem incorrectly and also won't fix the problem that is […]

Argentina and the United States have signed a reciprocal trade and investment agreement that will give U.S. exports preferential market access, reduce tariffs on a wide range of goods and deepen cooperation on economic and national security issues, according to the U.S. Trade Representative’s (USTR) office and President Javier Milei.The agreement, signed Thursday, is designed to cut or eliminate tariff and non-tariff barriers, facilitate trade in goods and services, modernize […]