My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
Ford at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC DETROIT — Ford Motor raised its 2026 earnings forecast Tuesday after beating Wall Street’s second-quarter earnings expectations despite reporting a decline in revenue that slightly missed estimates. Ford shares rose nearly 7% in after-hours trading…
U.S. and Chinese companies have come to dominate the global artificial intelligence race. Imen Ben Youssef | Afp | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I’m seeing and hearing from local businesses. As Chinese startups build…
2026 Honda Ridgeline pickup truck. Courtesy HondaHonda, Honda Motor on Thursday confirmed a next-generation model of its Ridgeline pickup truck will be produced in the U.S. following a temporary production stoppage later this year. The future of the midsize pickup truck has been in flux amid reports that there could be a production pause coming…
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its second-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to average estimates compiled by LSEG: Earnings per share: $3.20 adjusted Revenue: $47.01 billion Those…
Tesla EVs recharge at a Tesla Supercharger station on July 2, 2026 in South Pasadena, California. Mario Tama | Getty Images DETROIT – The Iran war and high U.S. gas prices are causing a surge in demand for used all-electric vehicles, which is making the pre-owned vehicles more expensive, according to Cox Automotive. The company…
A view of a Toyota RAV4 Hybrid on display before the game between the Washington Nationals and the Tampa Bay Rays against the at Nationals Park on April 03, 2023 in Washington, DC. ( G Fiume | Getty Images DETROIT — Second-quarter U.S. vehicle sales are turning into a tale of haves and have nots,…
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC The U.S. automotive industry is entering a new phase of uncertainty as the Trump administration said the USMCA trade agreement between the United States, Mexico and Canada will not extended by Wednesday, triggering what could be a yearslong review process…
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images Companies are rapidly changing their minds that artificial intelligence can “do it all” by rehiring employees to propel their businesses forward, as investors…
Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again. Analysts at consulting firm Bain & Company said several signs indicate the market is about to shrink even more. Falling birth rates, behavioral changes, high car…
