By Alessandro Parodi and Victoria Waldersee (Reuters) -The world’s largest car-carrying ship – with the equivalent of 20 football fields of vehicles – completed its maiden journey late last month to dock in Brazil’s Itajai port. But not everyone is cheering its arrival. BYD, China’s top producer of electric and plug-in hybrid vehicles, is offering…
New data from the New York Fed suggests Americans are gaining confidence in the labor market, even as broad uncertainty around trade policy, interest rates, and other unknowns clouds the economic outlook. According to the New York Fed’s May 2025 Survey of Consumer Expectations, the perceived chance that the US unemployment rate will rise over…
US stock futures drifted higher on Monday as investors watched renewed US-China trade talks for signs either side is willing to dial down tensions and reach a tariff deal. S&P 500 futures (ES=F) inched up 0.1%, after the broad benchmark edged above 6,000 to notch its highest close since February. Dow Jones Industrial Average futures…