Ford, GM auto sales helped by latest car-buying trend

The EU steel industry is facing heightened concerns as the US considers expanding its tariffs to include 'derivative' products like windows and doors that contain metal. This move follows the already significant impact of Donald Trump's 50% tariffs on steel imports, which have left the industry struggling. The potential for additional tariffs could further harm European manufacturers, leading to increased costs and reduced competitiveness in the global market.

Exciting news for skywatchers! The northern lights, or aurora borealis, are expected to be visible in eight states along the U.S.-Canada border and in Alaska this Sunday night. This natural light display is not only a breathtaking sight but also a reminder of the beauty of our planet's atmosphere. If you're in the right area, grab your warm clothes and prepare for a stunning show in the night sky!

Kloeckner & Co., a German metals company, has made a strategic move by selling eight distribution facilities in the US. This decision aims to enhance profitability by shedding low-margin businesses that have been volatile. Such a shift not only reflects Kloeckner's commitment to improving its financial health but also positions the company to focus on more lucrative opportunities in the market.

A recent report from Enverus highlights a concerning trend for the U.S. oil industry, projecting that breakeven prices for new shale oil wells could rise to $95 in the next decade. This increase is significant as it may impact the profitability of shale oil production and the overall energy market, raising questions about the sustainability of current operations and future investments.

The Trump administration is facing a historic challenge as over 100,000 federal workers prepare to resign, marking the largest mass resignation in U.S. history. This wave of departures is driven by the administration's controversial deferred resignation program, leaving many employees feeling they have no choice but to leave their positions. This mass exodus not only highlights the discontent among federal employees but also raises concerns about the impact on government operations and public services, making it a significant event in the political landscape.

Global data center spending is projected to exceed $500 billion by 2025, highlighting the rapid growth and increasing demand for data storage and processing capabilities. This surge is significant as it reflects the ongoing digital transformation across industries, driven by the rise of cloud computing, big data, and the Internet of Things. As businesses and consumers alike rely more on digital services, this investment trend underscores the importance of robust infrastructure to support future technological advancements.

South Korea has announced that it is unable to pay the $350 billion in cash that the U.S. suggested as part of a trade deal aimed at lowering tariffs. This development raises concerns about the future of trade relations between the two countries and could impact economic stability in the region. The inability to meet this financial demand may lead to further negotiations and adjustments in the trade pact.

The United States has officially recognized South Korea as not being a currency manipulator, a decision welcomed by Seoul. This acknowledgment is significant as it reflects the strengthening economic ties between the two nations and alleviates concerns over trade tensions. By affirming South Korea's currency practices, the US is fostering a more stable economic environment, which is crucial for both countries' growth and cooperation in the global market.

The US and European powers are pushing for Iran to re-engage in diplomatic talks following the reinstatement of UN sanctions. This renewed effort highlights the importance of dialogue in addressing nuclear compliance and regional stability, aiming to foster a cooperative approach to international relations.

In a recent statement, Takaichi, a leading candidate for Japan's ruling Liberal Democratic Party, indicated that a review of the trade deal with the United States might be necessary if it fails to benefit Japan. This is significant as it highlights potential shifts in Japan's trade policy and its willingness to reassess international agreements to better serve national interests.

Humberto has intensified into a Category 5 hurricane, according to the US National Hurricane Center (NHC). This development is significant as Category 5 hurricanes are the most severe, posing a serious threat to coastal areas with their potential for catastrophic damage. As communities prepare for the impact, it's crucial to stay informed and take necessary precautions.

The US job growth is expected to remain sluggish in September, with the unemployment rate stuck at a near four-year high. This trend highlights ongoing challenges in the labor market, which could influence the Federal Reserve's upcoming decisions on monetary policy. Understanding these dynamics is crucial as they affect economic stability and individual livelihoods.

The Pentagon has called an urgent meeting for its top military leaders from around the globe, a move that has raised eyebrows, especially since former President Trump was initially not scheduled to attend. This unexpected inclusion of Trump, who seemed unaware of the meeting when questioned by reporters, adds an intriguing twist to the situation. Such gatherings often signal significant developments in military strategy or national security, making this meeting one to watch closely.

Pro-democracy activist Nathan Law has been denied entry to Singapore, a move that highlights the ongoing tensions surrounding Hong Kong's political climate. This denial comes amid a bounty issued by Hong Kong authorities for Law's arrest, reflecting the government's crackdown on dissent. This situation is significant as it raises concerns about freedom of movement and the international response to China's increasing influence over Hong Kong.

The article discusses the urgent need for America to conduct a thorough durability assessment of critical components like data centers, the dollar, and its relationship with China. This is important because as global dynamics shift, ensuring the resilience of these elements is crucial for maintaining economic stability and security.

The article discusses the urgent need for America to conduct a thorough durability assessment of critical components like data centers, the influence of China, and the stability of the dollar. This is important because understanding the resilience of these elements is crucial for national security and economic stability.

Amazon has slashed the price of a stylish LED floor lamp from $50 to just $28, making it an affordable option for anyone looking to enhance their living space. With three different color temperatures, this lamp not only adds a warm and welcoming ambiance but also allows users to customize their lighting according to their mood or activity. This deal is a great opportunity for those wanting to elevate their home decor without breaking the bank.

Synlait Milk has made a strategic move by agreeing to sell several of its assets to Abbott Laboratories for NZ$307 million, which is about $177 million. This sale is crucial for Synlait as it aims to reduce its debt and improve its financial standing after facing losses and underperformance. Such a decision not only helps stabilize the company but also reflects a proactive approach to managing its resources effectively.