Brazil's Supreme Court ordered the house arrest of former President Jair Bolsonaro on Monday as he awaits trial over an alleged coup plot to overturn his 2022 election loss, which the Trump ally denies.
Why it matters: The move is likely to infuriate President Trump, who has demanded that Brazil drop criminal charges against Bolsonaro in a letter threatening to impose a 50% tariff on Brazilian imports.
The number of companies publicly disclosing data on women in top management roles or other demographic information plunged this year, a new report finds.
Why it matters: It's harder to identify gender and racial discrimination inside firms without this data.
The Trump administration is scrutinizing the Bureau of Labor Statistics' employment data, key metrics that demonstrate the health of the U.S. economy.
Why it matters: The monthly jobs report is one of the most important pieces of economic data, and revisions are made to reflect the most accurate job numbers.
American Eagle stock soared Monday after President Trump hailed the company's controversial commercial starring actor Sydney Sweeney.
Why it matters: The sexually charged ad campaign — featuring the double-entendre tagline "Sydney Sweeney has great jeans" — has stirred debate over race, beauty and history.
New York Post Media Group, a subsidiary of Rupert Murdoch's News Corp., will launch a new daily Los Angeles-based newspaper called The California Post in early 2026, the New York Post's editor-in-chief Keith Poole told Axios.
Why it matters: It's a ripe market, and one in which NYPMG — home to the New York Post, Page Six and Decider — already has a leg up.
When the International Economic Development Council (IEDC) picked a location for its 2025 Annual Conference, it was about proof, not convenience — and Detroit is a living case study that economic development works.
The Motor City has transformed into a dynamic ecosystem where cutting-edge startups thrive alongside manufacturing plants, blending expertise across sectors to revitalize an iconic community.
The board of Tesla awarded Elon Musk 96 million shares of stock as part of a package to keep him on the automaker's management team, the company said in a regulatory filing Monday.
Why it matters: Far from seeking to replace him, as had been reported earlier this year, the company is doubling down on Musk, despite the controversies around his political activities.
Joby Aviation is buying Blade Air Mobility's urban air taxi business for up to $125 million, giving it a base of loyal passengers as it begins to gradually replace conventional helicopters with quieter electric air taxis.
Why it matters: The deal will give Joby a head start over competitors by providing immediate market access and scale, while reducing costs for new vertiports and customer acquisition, Joby said.
The future of a long-awaited elevated park project in North Philadelphia could hinge on a ruling by an obscure federal board.
Why it matters: Mayor Cherelle Parker's administration wants to acquire an unused railway viaduct and transform it into a hip public park — and a favorable decision from the federal Surface Transportation Board (STB) could help.
Drugmakers are increasingly using telehealth platforms to sell their medicines directly to patients — and President Trump is pushing for more companies to get into the game.
Why it matters: Direct-to-consumersales require only a few mouse clicks, often without the need to manage appointments or insurance forms. Online sales can also bypass pharmacy middlemen, in theory lowering prices and providing more transparency into what patients have to pay.
For all their complaints about how unfair President Trump's tariffs are for U.S. automakers, the industry seems quite pleased with his environmental policies, which lift a massive regulatory cost burden.
Why it matters: Trump's agenda could wind up as a net win for the auto industry, allowing them to sell more high-margin, U.S.-built trucks and SUVs for the foreseeable future, while avoiding penalties for not building enough electric vehicles.
Retail investors are cautiously optimistic about the stock market, according to Charles Schwab's proprietary STAX index, which analyzes the retail trading activity of millions of Schwab customers. Still, clients were net sellers of stocks for July.
Why it matters: Retail investors are increasingly important market participants. If they're getting cautious about the market, that could impact where stocks are heading.
President Trump said Sunday he plans to name a new Federal Reserve governor and Bureau of Labor Statistics commissioner this week.
Why it matters: The resignation of former Fed governor Adriana Kugler and Trump's firing of BLS commissioner Erika McEntarfer give the president the opportunity to appoint people more aligned with his administration's policies and pile further pressure on Fed chair Jerome Powell.
