SOLON, Ohio, July 21 A nondescript facility south of Cleveland has become an early staging ground for the auto industry's next supply-chain pivot: replacing vehicle hardware from China. The plant belongs to Eagle Wireless, a maker of electronics that was formed in late 202
U.S. defense officials testify on proposed $67.1B allocation for munitions and regional operations amid Iran tensions. U.S. Secretary of War Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine will testify today on a $67.1B funding request targeting Iran-related military
The defense contractor raised sales and profit forecasts for 2026 amid increased global conflict-driven orders and Pentagon budget expansions. Northrop Grumman increased its 2026 sales and adjusted profit forecasts, citing sustained weapons demand fueled by geopolitical co
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Global stock markets may just be weary of the back-and-forth in the Middle East, but they latched onto a sliver of hope in the still-raging U.S.-Iran conflict overnight. Repor
Gold prices rise 1% to $4,049.47 as diplomatic progress between Washington and Tehran eases inflation fears and Fed rate-cut expectations. Spot gold climbed 1% to $4,049.47 an ounce early Tuesday, extending gains above the $4,000 mark. Investors parsed renewed U.S.-Iran di
Oil benchmarks retreat from recent highs as investors weigh military tensions against diplomatic efforts to secure Gulf energy flows. Brent crude futures fell 0.5% to $88.80 a barrel, while WTI crude declined 0.5% to $82.81, reversing Monday’s gains. Both contracts had bri
Investors weigh geopolitical risks against easing U.S. inflation, pushing the euro to $1.1424 while the yen weakens. The U.S. dollar edged lower on Tuesday, pressured by mixed signals from Middle East tensions and softer U.S. inflation data. The euro rose 0.09% to $1.1424,
July ZEW survey shows a stronger-than-expected improvement in economic outlook, though current conditions remain weak amid geopolitical tensions. Germany’s ZEW economic sentiment index climbed to 26.3 in July, exceeding the 17.5 forecast and marking a sharp rise from June’
Iran warns of nuclear safety risks after US forces target an unfinished IAEA-safeguarded facility in Khuzestan province. The United States launched multiple missiles at an Iranian nuclear power plant still under construction in Khuzestan province, according to Iran’s UN am
The cryptocurrency climbed to $1.13, testing resistance levels that could signal a move toward $1.35 if sustained. XRP gained 4.6% over the past 24 hours, trading near $1.13 as traders monitor a potential breakout from a symmetrical triangle pattern. The move follows compr
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