China’s BYD cuts 2025 sales target by 16%, sources say, a sign its white-hot growth is cooling

BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said.
Trump to host tech CEOs over dinner for inaugural event in renovated Rose Garden

U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural event in the White House’s renovated Rose Garden.
Nidec shares plunge 22% as China unit probe finds accounting issues tied to management

This marks the Japanese electronics components manufacturer’s biggest one-drop.
How are Gen Zs affording luxury trips? For some, it’s all a facade

From debt to deception, Gen Zs use dubious methods to portray travel lifestyles that go beyond their means. Those who know them explain how they do it.
Stock futures are little changed after Alphabet rally boosts S&P 500, Nasdaq: Live updates

Wall Street is coming off a mixed session.
Trump asks Supreme Court to take up tariffs appeal

While the formal appeal was expected, it likely now puts the fate of President Donald Trump’s “reciprocal tariffs” into the hands of the nation’s high court.
Asia-Pacific markets track Wall Street gains on tech rally

Global bond markets will continue to be in focus with long-dated borrowing costs around the world under pressure.
Congress races to avoid government shutdown as partisan standoff deepens

Lawmakers returned to Capitol Hill this week with the threat of a government shutdown intensifying. Partisan fault lines are already solidified.
Ban on congressional stock ownership gains momentum with new bill

A ban on congressional stock trades is gaining momentum after a bipartisan group of lawmakers have unified around a single proposal.
C3 AI reports declining revenue, announces new CEO to replace Siebel

Stephen Ehikian is taking over as CEO, succeeding Thomas Siebel, who revealed that he was diagnosed with an autoimmune disease.