Honda Motor is embarking on the next phase of its manufacturing evolution in an unexpected location for the 75-year-old Japanese automaker: Ohio. The company is finalizing over $1 billion in new investments in the state this year, an increase from the initially announced $700 million. These upgrades include the installation of six “giga presses”—a technology…

President Donald Trump is poised to impose sweeping tariffs on America’s three largest trading partners—Mexico, Canada, and China—marking a significantly more aggressive approach to his favored economic tool than anything he pursued during his first term. These impending import taxes will serve as a major test of Trump’s unconventional tariff strategy, which he has called…

A potential strike at 56 Costco stores across six states has been temporarily avoided, as the company and Teamsters union negotiators, representing 18,000 workers, reached a last-minute tentative agreement, the union informedearly Saturday morning. The full details of the agreement were not immediately disclosed. Had the strike proceeded, it would have been the largest ever…

This week, Trump Media & Technology Group awarded its directors blocks of shares valued at just over $825,000. Among the recipients are two key figures nominated by former President Donald Trump for positions in his administration. However, Kash Patel stated in a congressional questionnaire as part of his nomination process that he would decline the…

On Thursday, President Donald Trump attributed the fatal plane collision in Washington, DC, which resulted in 67 deaths, in part to the Federal Aviation Administration’s “diversity push.” However, proponents of DEI—including many of the country’s top corporations—maintain that diversity initiatives have positively impacted their businesses. Trump did not provide evidence to substantiate his claim that…

The Federal Reserve’s preferred measure of inflation rose again in December, largely driven by higher energy and food prices. However, a key indicator of underlying inflation trends suggested some progress in curbing price increases. According to new Commerce Department data released Friday, the Personal Consumption Expenditures (PCE) price index increased 2.6% year over year in…

The Federal Reserve has entered its second Trump era much as it ended the first: proceeding with its own agenda despite former President Donald Trump’s insistence on lowering interest rates. As expected, Trump did not take the decision well. Just hours after the Fed announced on Wednesday that it would hold rates steady, Trump, who…

The U.S. Department of Justice has filed a lawsuit to block Hewlett Packard Enterprise’s $14 billion acquisition of networking equipment manufacturer Juniper Networks, arguing that the deal would suppress competition. The complaint was submitted on Thursday. Following the news, shares of both HPE and Juniper Networks declined by over 3% in afternoon trading. This antitrust…

Trump Media & Technology Group, the owner of Truth Social, announced on Wednesday its plans to expand into financial services and potentially invest in bitcoin and other cryptocurrencies. Following the announcement, shares of Trump Media (DJT) rose by 8%. The company stated that it intends to launch a fintech brand called Truth.Fi, along with investment…

General Motors announced a record adjusted net income for 2024 on Tuesday, just a year after facing the costly United Auto Workers union strike. The company also projected even stronger operating results for the year ahead. However, GM acknowledged that certain policy challenges from the Trump administration could impact its profit outlook. As the U.S.…