(Reuters) -U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.

S&P on Friday lowered the outlook for its BB+ credit rating on Volvo Cars to "negative" from "stable", saying U.S. tariffs and tougher competition in China were hurting the company's growth prospects.

Cabrera, MAI Capital’s Chris Grisanti and Longview Global’s Dewardric McNeal, join 'Power Lunch' to discuss Elon Musk's sendoff from DOGE, challenges with China negotiations and much more.

The rulings against the levies in two federal courts – the U.S. Court of International Trade and the U.S. District Court in Washington, D.C. -- centered on Trump's unprecedented invocation of the International Economic Emergency Powers Act as a legal justification for tariffs.

Investors are winding down a volatile but winning week as President Trump’s trade war continues with China in the crosshairs, Elon Musk officially ends DOGE duties, U.S. Steel, Nippon Steel deal proceeds.

Unique needs for plastic parts have kept board game production in China -- and publishers are already folding from being locked out of the market.

Exactly why trade talks between the U.S. and China are stalled isn’t totally clear, but there’s at least one area that can help get them back on track: critical minerals. So suggested U.S. Trade Representative Jamieson Greer in a CNBC interview on Friday,