Hyundai Motor Co. is facing a pressure campaign from a coalition of labor groups and civil rights groups in Alabama and Georgia, the home of its new $5.5 billion electric vehicle assembly and battery complex.
Tropical Storm Idalia threatens to rake Florida’s Gulf Coast with roof-wrecking winds and a life-threatening surge of ocean water as it comes ashore Wednesday.
AI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5 billion loss in the first half.
China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5 billion loss in the first half.
Spot gold reversed a four-week slide last week, but the rally may not last. Meanwhile, global subsidies for fossil fuels have never been higher even as the climate crisis wreaks havoc around the world.
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates will likely stay higher for longer during their annual confab at Jackson Hole.
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.
Tropical Storm Idalia strengthened in the Gulf of Mexico as it bore down on Florida, where it’s forecast to make landfall as a hurricane as soon as Wednesday, promising to bring flooding rain to Cuba, Mexico and the southeastern US.
