EU chief to meet Trump in Scotland in push to avoid a transatlantic trade war

"I think we have a good 50/50 chance. That's a lot," Trump said. ...

What Europe’s response to a no-deal with Trump could look like

Uncertainty remains about if and when a trade agreement between the EU and U.S. could be struck. ...

Tesla shares drop 6% in premarket trading after auto sales plunge again

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China. ...

Trump to visit Federal Reserve, escalating campaign against Chair Powell

This is the first time in nearly two decades that an American president will be making an official trip to…

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman's blockchain…

McDonald’s revamped Snack Wraps are winning over customers

Early data shows that McDonald's snack wraps are driving traffic and sales growth for the burger chain. ...

GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure

General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President Donald Trump's auto tariffs. ...

Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere

Shares of Coke have risen 13% this year, bringing its market value up to more than $300 billion. ...

U.S. plays hardball on tariffs deadline as EU battles for a deal

The U.S. is keeping up the pressure on the Aug. 1 deadline for higher tariffs for the EU. ...

Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite

Stellantis released preliminary estimates for the first six months of the year shortly after withdrawing its full-year financial guidance. ...

Astronomer CEO Andy Byron resigns after viral Coldplay ‘kiss cam’ controversy

Byron's resignation comes a day after the company said it had placed the CEO on leave. ...

Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

The tempestuous situation poses myriad thorny questions for which there are no easy answers. ...

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