News - 2025-02-11

Daily News Explorer

With the economy a key factor in German elections this month, can the auto sector get back on the road to recovery?

Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.

Beverage giant's boss says his company may need to action if aluminium cans become more expensive.

Zhang Yazhou was sitting in the passenger seat of her Tesla Model 3 when she said she heard her father’s panicked voice: The brakes don’t work! Stunned, Zhang gazed at the deflating airbag in front of her. A Chinese court ordered Zhang to pay more than $23,000 in damages and publicly apologize to the $1.1 trillion company.

President Donald Trump is seeking to end production of new pennies. An expert told FOX Business the effect on consumers will be negligible.

The chief technology officer of Hill Dickinson warned of the use of AI tools.

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The advertising watchdog says it was "irresponsible" to emphasise the thinness of the model's legs.

The bank ditches a policy that stopped it acting on flotations for firms with an all male, all white board.

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January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.

Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower interest rates further.

Business owners and consumers are starting to sour on Trump's economic plans. Will he notice?

Donald Trump's plans for tariffs risk raising prices for items from cars to canned food.

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The chief executive of the UK's largest airport will unveil plans to develop terminals two and five.

Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more "overworked" than "overstaffed" in pushback against Elon Musk.

Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico tariffs could "blow a hole" in the U.S. auto industry.

A growing property insurance crisis may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said Tuesday in testimony before Congress.

Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

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Federal prosecutors and securities regulators have gone after large companies for violations of the Foreign Corrupt Practices Act, which prohibits them from bribing foreign officials.

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Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

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Chinese automaker BYD inked a deal with DeepSeek in order to co-develop new autonomous technology, in a threat to automakers like Tesla.

Uncertainty grew among American small business owners in January while optimism remained high, according to a new survey from the National Federation of Independent Business.

Federal Reserve Chair Jerome Powell offered some new assurances Tuesday about payments routed to the central bank from the Treasury Department, his first comments about the fallout resulting from Elon Musk’s access to a sensitive payments system.

The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.

A growing number of grocers have been placing limits egg purchases as shortages persist due to the highly pathogenic avian influenza, also known as bird flu.

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Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.

Trump has paused enforcement of an anti-corruption law, saying it "overreached" and stopped US firms from winning business overseas.

Bed Bath & Beyond is making a comeback to stores thanks to a $25 million investment deal with Kirkland's. Industry experts are still questioning whether the brand will survive.

Donald Trump Jr. and Eric Trump participated in a recent private placement in the holding company.

The resignations add further to uncertainty at the CFPB, which has been targeted by trade groups and conservatives for years.

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.

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Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.

Fed Chair Jerome Powell told lawmakers Tuesday that the Fed is not in a hurry to adjust interest rates, reiterating a cautious stance as central bank policymakers digest signs of stubborn inflation and policy uncertainties from the new Trump administration.

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

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Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

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Kum & Go convenience stores across the U.S. are being rebranded to Maverik following the acquisition of the 1959-founded company in 2023. Several states are slated to be next.

European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.

Jerome H. Powell is set to testify as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.

Don’t expect raucous party scenes or over-the-top après-ski. In Japan, it’s all about the snow. Here’s a primer on where to go, stay and eat.

When tech luminaries talk about their Christian faith, people listen.

"Cool heads" are needed to avoid escalating trade tensions with Donald Trump, sources have told the BBC.

European Commission President Ursula von der Leyen said she would impose "firm and proportionate" measures against the U.S. in response to President Trump's tariffs on imports of steel and aluminum.

President Donald Trump has signed two new proclamations to restore and strengthen the Section 232 tariffs he boldly implemented in 2018.

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.

The BBC's head of news and current affairs says the developers of the tools are "playing with fire."

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Non-tech investors interested in AI and its effect on the stock market need only look for one clear warning sign: any cuts in AI spending by the hyperscalers.

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Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.

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Donald Trump's focus this week on reciprocal tariffs could upend US trading relationships around the globe, with some close allies likely to see an increase in duties.

Some big Wall Street firms are facing new complications that were not part of the plan when Donald Trump was elected in November.

US steel suppliers have just over a month to decide how to respond before the new tariffs take effect.

The oil giant is widely expected to say it will scale back on renewables later this month.

Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.