US Auto Sales Lose Steam Amid Price Pressure

President Trump is doubling down on his tough trade stance, warning Japan that he won’t extend the July 9 deadline before imposing higher tariffs. This means Japanese exports to the U.S. could soon get more expensive, escalating trade tensions between the two allies.

Editor’s Note: Trade wars aren’t just a U.S.-China issue anymore—Japan is now in the crosshairs. Higher tariffs could strain diplomatic ties, raise costs for American consumers, and disrupt global supply chains. If this escalates, businesses on both sides of the Pacific could feel the pinch.

Oil prices are holding steady, but there’s some tension in the air as traders brace for potential moves from OPEC+. The group’s rumored plans to extend or deepen production cuts are keeping the market in a wait-and-see mode, preventing any big swings—for now.

Editor’s Note: Even small shifts in OPEC+ decisions can ripple through gas prices, inflation, and the broader economy. This quiet moment masks the high-stakes balancing act between keeping oil revenues up and not tipping the global economy into trouble. So, while nothing’s happening yet, everyone’s watching closely.

A well-known national food company has just filed for Chapter 11 bankruptcy, signaling serious financial trouble. The company, which produces and distributes food products across the country, plans to sell off its assets as part of the process. This move could ripple through the industry, affecting suppliers, retailers, and even consumers.

Editor’s Note: When a major player in the food industry collapses, it’s not just about one company failing—it can disrupt supply chains, put jobs at risk, and even lead to higher prices or shortages for certain products. If you’ve ever bought their goods at the grocery store, this might hit closer to home than you’d think.

Former President Donald Trump suggested that the U.S. might soon strike a trade deal with India but expressed skepticism about reaching one with Japan anytime soon. His comments hint at shifting priorities in U.S. trade policy, with India potentially gaining favor while Japan faces uncertainty.

Editor’s Note: Trade deals can shape economies and alliances, so Trump’s remarks offer a peek into where the U.S. might focus next. If India gets a deal, it could mean stronger ties and business opportunities, while Japan’s delay might signal tougher negotiations ahead. For businesses and investors, these hints matter—they’re like early weather vanes for global trade winds.

Intel's new CEO is reportedly eyeing a major shakeup of its chip manufacturing division (known as a "foundry") to attract bigger clients like Apple or Qualcomm. The move suggests Intel is serious about competing with rivals like TSMC, but it’s still unclear if the plan will work—or if big players will bite.

Editor’s Note: Intel’s been struggling to keep up in the chipmaking race, and this could be a make-or-break pivot. If they pull it off, it could reshape the tech supply chain; if not, it’s another sign they’re falling behind. Either way, it’s a big bet with ripple effects for everything from smartphones to AI hardware.