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  • Gregory Schmidt

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Volkswagen to End Production at German Plant, a First in Company History

The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs.

Toymakers Team Up With Artists for Tariff-Proof Toys

Seeking adult fans with money to spend, companies like Mattel and Lego are working with artists to make exclusive — and expensive — versions of…

Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty

The reductions will come over two years as the consumer products giant seeks to reorganize.

Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow

The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.

Burberry Replaces C.E.O. Amid ‘Disappointing’ Results

The British luxury group appointed Joshua Schulman to replace Jonathan Akeroyd, and said it expected earnings to suffer as an industry downturn deepens.

Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years

As the economy cools, pressure is building on the Bank of England to cut interest rates.

As Gen X-ers Inch Toward Retirement, They’re Considering Where to Live

The oldest members of Generation X are several years from stopping work, but some are already seeking homes that will suit their later years.

New Home Sales Continue to Grow

As owners remain reluctant to put their properties on the market, developers are rushing to build new homes to meet demand.

Netflix to Stream W.W.E.’s ‘Raw’ in $5 Billion Deal

The weekly wrestling program will move to Netflix in 2025 as part of a 10-year agreement that represents a big leap into live events for…

Why Are Mortgage Rates So High, and How Long Will They Stay Up?

Economists say loan rates are affected by a complicated combination of factors, but there are tactics consumers can use to land a lower rate.