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Trump offers support to Musk's car company in surprising post as Tesla stock plunges

President Donald Trump took to social media Thursday morning to support Elon Musk's car company, a startling development given their bitter public feud.

"I want Elon, and all businesses within our Country, to THRIVE," Trump wrote on Truth Social.

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Leaders Starmer and Modi hail long-sought India-UK trade deal as historic

The prime ministers of Britain and India sealed a hard-wrought trade agreement on Thursday that will slash tariffs on products including Scotch whisky and English gin shipped to India and Indian food and spices sent to the U.K.

Keir Starmer and Narendra Modi met at Chequers, the British leader's official country residence outside London, where the U.K. and Indian trade ministers, Jonathan Reynolds and Piyush Goyal, formally signed the agreement.

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Wall Street hovers near records in premarket trading

Wall Street was on track to open with gains on Friday, adding to record highs ahead of next week's busy slate of earnings, job market reports and the tariff deadline.

Futures for the S&P 500 and the Dow Jones Industrial Average both were up 0.1% before the bell. Nasdaq futures were flat.

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Saudi Arabia announces $5.6 billion in Syria investments

A Saudi delegation visiting Damascus on Wednesday sealed investment and partnership deals valued at more than $5 billion to help rebuild war-battered Syria, the oil-rich Gulf kingdom announced.

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US to impose 19% tariff on imports from Philippines in deal struck with Marcos

President Donald Trump said he has reached a trade agreement with Philippine leader Ferdinand Marcos Jr., following a meeting Tuesday at the White House, that will see the U.S. slightly drop its tariff rate for the Philippines without paying import taxes for what it sells there.

Trump revealed the broad terms of the agreement on his social media network and said the U.S. and the Philippines would work together militarily. The announcement of a loose framework of a deal comes as the two countries are seeking closer security and economic ties in the face of shifting geopolitics in the Indo-Pacific region.

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Flurry of trade deals offers relief for some Asian countries, while others wait

U.S. President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher tariffs on their exports to the United States.

A deal with China is under negotiation, with U.S. Treasury Secretary Scott Bessent saying an Aug. 12 deadline might be postponed again to allow more time for talks.

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Global markets gain and deal on Trump's tariffs lifts Japan's Nikkei 3.5%

Global shares rallied on Wednesday, with Tokyo's benchmark Nikkei 225 index gaining 3.5% after Japan and the U.S. announced a deal on President Donald Trump's tariffs.

France's CAC 40 added 1.4% in early trading to 7,854.75, while Germany's DAX gained 0.9% to 24,260.62. Britain's FTSE 100 rose 0.6% to 9,075.46. The future for the S&P 500 gained 0.4% while that for the Dow Jones Industrial Average was up 0.5%.

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Trump says China trip 'not too distant' as trade tensions ease

President Donald Trump on Tuesday said a trip to China might be "not too distant," raising prospects that the leaders of the world's two largest economies may meet soon to help reset relations after moving to climb down from a trade war.

Trump made the remarks while hosting Philippine President Ferdinand Marcos Jr. at the White House, where he praised the "fantastic military relationship" with Manila as the U.S. looks to counter China's influence in the Indo-Pacific region.

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Trump announces trade deal with Japan

President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation.

"This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it," Trump posted on Truth Social, adding that the United States "will continue to always have a great relationship with the Country of Japan."

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Two cases threatening Tesla: Can Musk be trusted?

Elon Musk fought court cases on opposite coasts Monday, raising a question about the billionaire that could either speed his plan to put self-driving Teslas on U.S. roads or throw up a major roadblock: Can this wildly successful man who tends to exaggerate really be trusted?

In Miami, a Tesla driver who has admitted he was wrong to reach for a dropped cell phone moments before a deadly accident, spoke of the danger of putting too much faith in Musk's technology — in this case his Autopilot program.

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