The race is on to make humanoid robots. Elon Musk announced Wednesday that Tesla is shutting down production of two electric car models and converting a California plant to build the Optimus robot . But while Tesla tries to get up to speed, rivals in China have already ramped up deliveries and entered talks for…
For most of the past two decades, the majority of electric vehicle-related investments have gone to Republican-led districts, especially in the Southeast. With the industry pulling back from electric cars and trucks, the fate of those investments is now an open question. Automakers and battery makers invested more $200 billion in EV and battery manufacturing…
Latin America’s media landscape is being reshaped by a new suite of entertainment producers, as short drama platforms, often with business ties to China, command an increasingly large share of the region’s video streaming market. According to market intelligence firm Sensor Tower’s State of Mobile 2026 report published last week, demand for short dramas is…
India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to…
If enacted, President Donald Trump’s proposal for a temporary 10% cap on credit card interest rates could change many policies for borrowers. Among them: how issuers decide to value credit card points. If you’ve accumulated any significant amount of credit card points, you should probably spend them now — but not because of the potential…
A handful of software giants such as Intuit and Palantir were among this week’s most oversold stocks, according to one popular technical metric. Major stock averages are coming off of a rocky trading week. Losses in technology companies weighed on the S & P 500 and the Nasdaq Composite on Friday, as mixed earnings results…
Travelers wait in a long security line at John Wayne Airport in Santa Ana, California, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images Travelers, be warned: Starting Feb. 1, you may need to pay a fee of $45 or more for going through airport security checkpoints without a Real ID…
As Daymond John built the business that made him a millionaire, he didn’t hastily quit his day job. Sticking it out made him more successful, he says. “I worked at Red Lobster for years while building FUBU,” John posted to LinkedIn on Monday. “Not because I didn’t believe in my dreams. Because it was smart.”…
Protestors march during a “Nationwide Shutdown” demonstration against ICE enforcement on Jan. 30, 2026 in Minneapolis, Minnesota. Stephen Maturen | Getty Images A Federal judge on Saturday rejected a request from state officials to immediately halt the federal immigration enforcement surge in Minnesota. The court said the plaintiffs — the State of Minnesota and the…
The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks…
