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The firms will share EV technology as they face slowing demand and competition from Chinese rivals.

When asked about whether President-elect Donald Trump would prevent a TikTok ban in the United States, a spokeswoman told The New York Times: “He will deliver.”

Retailers are increasingly targeting the "kidult" market as family finances are squeezed.

October's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision.

Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.

Traders await the latest consumer inflation data, due Wednesday.

With one million new accounts added since the U.S. elections, Bluesky has solidified itself as an option for people looking to change their social media service.

Ms. Nuzzi, a former writer for New York magazine embroiled in a scandal involving Robert F. Kennedy Jr., had accused her ex-fiancé of harassment and blackmail.

A red-hot stock market still has "room to run," but that doesn't make it the best place to put your money right now, according to the co-chief investment officer of the world’s largest hedge fund.

Airlines have suspended operations to Haiti after Spirit and JetBlue airplanes were struck by gunfire. The State Department warned Americans not to travel to the country.

(Bloomberg) -- The text to Elon Musk: a picture of giant scissors. Musk’s text back: a picture of a sword.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe person on the other end: Howard Lutnick — Wall Street billionaire, MAGA believer and head-hunter-in-chief to Donald Trump

The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

Is Tesla's recent run-up sustainable?

Is Tesla's recent run-up sustainable?

The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises 'to the upside' over the next month, Minneapolis Fed president Neel Kashkari told Yahoo Finance.

The Justice Department and four Democratic state attorneys general argued that United’s takeover would limit competition and harm consumers needing home or hospice care.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

Hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR.

Einhorn's hedge fund returned just 9% in 2024 through the end of the third quarter, compared with the S&P 500′s more than 20% gain.

Novavax sees Sanofi deal as path forward for company into profitability.

Novavax sees Sanofi deal as path forward for company into profitability.

The department store is canceling an annual show that has long drawn tourists to its flagship store in New York City.

Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.

As the dust settles on a post-election stock market rally, some firms have already gained

A court in the Netherlands has overturned a 2021 ruling ordering Shell to cut carbon emissions by 45% by 2030, dealing a blow to climate activist groups.

Hundreds of head office workers are facing cuts and loss-making branches are under threat of closure.

Boeing delivered just 14 planes in October as a worker strike by its biggest union hampered the aerospace giant's production.

The EV market could get a huge influx of cheaper cars — but not fresh from the factory. In its latest EV intelligence report, consumer research firm J.D. Power projects that a massive amount of EVs returning off leases in the US will provide a large supply of EVs for sale.

Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

The contest to be the face of Senate Republicans is coming to a head this week. One issue contenders might want to avoid during the final stretch is Trump's ambitious tariff plan.

Home Depot reported better than expected sales during the prior three months as consumers relied on its products to help them recover from Hurricanes Helene and Milton.

President-elect Trump is in the process of making nominations to fill out his Cabinet, and betting markets have identified a clear front-runner for the Treasury secretary role.

Apollo co-founder and CEO Marc Rowan weighs in on the incoming Trump administration.

Robert F. Kennedy Jr., one of President-elect Donald J. Trump’s advisers on health, is taking aim at the agency’s oversight on many fronts.

Wall Street is preparing for higher bonuses for the first time since 2021, with underwriters and traders getting the biggest pay boosts for 2024 performance.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's cabinet picks mean for policy.

Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.

Employees must stick to official channels to make sure their messages are fully retrievable.

Campaigners want to stop the Rosebank oil and Jackdaw gas fields, but oil companies say they are vital.

Wells Fargo calculated the cost of a Thanksgiving meal for ten people. In two separate analyses, experts focus on the cost of name brand and store-brand to compared which is more cost effective.

The car finance industry is setting aside billions to pay for potential claims after a test case.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's cabinet picks mean for policy.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's cabinet picks mean for policy.

After a 26-year run, the voice of the broadcaster’s popular soccer highlights show will leave at the end of the 2025 season, the network said Tuesday.

President-elect Trump's economic agenda for his second term in the White House will include some old and new policies compared to his first administration.

Its record price is making headlines - but that's just one part of the cryptocurrency's tumultuous story.

The recent surge in stocks is absolutely explained by the Trump trade. But it's not the only thing going on: There are other reasons why the FOMO trade is back.

A lower court had ordered the company to cut emissions by 45 percent by 2030, but the oil giant argued that a single firm should not be hit with arbitrary pollution-reduction requirements.

Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.

Nicholas Carlson, the former top editor of Business Insider, is starting a new company that will focus on video. Just don’t call it a “pivot to video.”

A court throws out a ruling that the gas and oil giant cut its greenhouse gas emissions.

The business world is expecting M&A to loosen up under President Donald Trump. It could be in for a surprise — if history is any guide.

The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.

The Singles' Day shopping festival saw consumers spend more than expected in what's otherwise been a tepid retail environment, consulting executives said.

(Bloomberg) -- President-elect Donald Trump is poised to pick two men with track records of harshly criticizing China for key posts in his new administration, a sign relations between the superpowers may deteriorate further in coming years.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, Im

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

The president-elect has said he could impose tariffs as high as 200 percent on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.