Stellantis Unveils $13 Billion U.S. Investment Plan
The carmaker, which has struggled with weak sales, is the latest company to announce a hefty investment in the United States. Source link
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France’s Political Turmoil Is Weighing on Its Economy
As a new prime minister seeks stability, three government shake-ups since last summer have already taken their toll on the French economy. Source link
Netflix Jumps Into Podcasts With Spotify Deal
Netflix will show video versions of 16 podcasts on sports, culture, entertainment and true crime. Source link
For Uniqlo’s Founder, Conquering America Is Personal
Tadashi Yanai champions the U.S. market as vital for Uniqlo’s growth, but remains deeply concerned about rising American protectionism. Source link
Powell Signals Fed on Track to Keep Cutting Rates
Jerome H. Powell, chair of the Federal Reserve, still sees labor market risks outweighing those posed by higher inflation tied to President Trump’s tariffs. Source link
Trump’s Trade War With China Catches the World in Its Crossfire
Tariffs and other restrictions between the United States and China are reverberating in unpredictable ways. Source link
Big Banks Credit ‘Resilient’ Economy for Profit Growth
JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing broad growth. Source link
Global Growth Remains Sluggish as Tariff Threats Loom
The International Monetary Fund said the impact of trade tensions had been limited so far, but it expects growth to slow. Source link
What Would It Cost to Rebuild Gaza?
A fragile cease-fire between Israel and Hamas is stoking hopes for a surge in investment in the region, and the Middle East more broadly. Source link
Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion
General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. Source link