Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.

G20 finance ministers and central bankers are optimistic about a "soft landing" for the global economy but warn of geopolitical risks, avoiding specific mentions of Ukraine and Gaza in their discussions.

A recent McKinsey survey reveals nearly 30% of global EV owners, with 46% in the U.S., are considering switching back to gasoline cars due to dissatisfaction with charging infrastructure and battery performance.

U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September.

Walmart is considering a $200 million investment in autonomous forklifts, joining their 'FoxBots,' to enhance warehouse efficiency and reduce labor costs.

Nissan has cut production at its main Japanese plant by a third due to weak U.S. demand and struggles to compete with the demand for hybrid car models.

Rupert Murdoch argues that his other children would likely neutralize his media empire's right-leaning views if they get control of the assets when he passes away.

Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast the Paris Olympics.

SpaceX said that it identified and fixed the problem that caused a failure in its Falcon 9 rocket in a launch earlier this month after announcing it has filed a mishap report to the FAA.

Under Prop 22, drivers for Uber and Lyft are not entitled to benefits such as overtime pay and paid sick leave.